Email. CKE Restaurants is a subsidiary of the private equity firm, Roark Capital Group, and is headqua BEDMINSTER TOWNSHIP, NJ - NOVEMBER 19: (L to R) Andrew Puzder, chief executive of CKE Restaurants, exits after his meeting with president-elect Donald Trump at Trump International Golf Club, November 19, 2016 in Bedminster Township, New Jersey. CKE RESTAURANTS, INC. REPORTS SECOND QUARTER FISCAL YEAR 2013 RESULTS. CKE Restaurants, Inc. announced today its third fiscal quarter results for the twelve weeks ended November 1, 2010. The Company offers burgers, salads, sides, desserts, beverages, breakfast, chicken, and biscuits. We operate on a retail accounting calendar. It is classified as operating in the N/A industry. HQ Phone (615) 538-9400. Share . Investor Nelson Peltz has reportedly lost interest in making a bid for CKE Restaurants (CKR), which is parent to the Hardees and Carls Jr. burger chains. Lower commodity costs for beef, cheese, oil and flour products more than offset the increase in depreciation costs. And since the poor spend a greater portion of their income than richer people do thus, [...]. No media company understands the franchise landscape deeper than Franchise Update Media. "We will stay on course as we enter Fiscal 2011 with our focus on big, juicy premium burgers for hungry guys and as we grow our company stores and quickly expand our franchisee presence. The first quarter of our fiscal year has four periods, or 16 weeks. Hardee's company-operated same-store sales for the year decreased 0.9% also due to weak economic conditions. Factors that could cause the Company's results to differ materially from those described include, but are not limited to, the Company's ability to compete with other restaurants, delicatessens, supermarkets and convenience stores for customers, employees, restaurant locations and franchisees; the effect of restrictive covenants in the Company's credit facility on the Company's business; changes in consumer preferences, perceptions and spending patterns; the ability of the Company's key suppliers to continue to deliver quality products to the Company at moderate prices; the Company's ability to successfully enter new markets and complete remodels of existing restaurants; changes in economic conditions which may affect the Company's business and stock price; the Company's ability to attract and retain key personnel; the Company's franchisees' willingness to participate in the Company's strategy; the operational and financial success of the Company's franchisees; changes in the price or availability of commodities; the effect of the media's reports regarding food-borne illnesses, food tampering and other health-related issues on the Company's reputation and its ability to obtain products; the seasonality of the Company's operations; the Company's ability to hire and retain qualified personnel and the effect of higher labor costs; increased insurance and/or self-insurance costs; the Company's ability to comply with existing and future health, employment, environmental and other government regulations; the completion and timing of the proposed merger; and other factors as discussed in the Company's filings with the Securities and Exchange Commission. On a two-year basis, same-store sales increased 0.3%. Pre-tax income excluding mark-to-market adjustments was $70.0 million for the year compared to $67.5 million in the prior year quarter. All Rights Reserved. NOTE 14 — SUPPLEMENTAL … The fiscal year ended January 25, 2010 is referred to herein as fiscal 2010 or the fiscal year ended January 31, 2010. Depreciation also increased 80 basis points related to the ongoing remodeling program and equipment upgrades. CKE Restaurants Holdings, Inc. operates as a holding company. "During period four, Hardee's continued to roll out the new Hand-Scooped Ice Cream Shakes & Malts system wide and continued to promote the new Frisco Thickburger(TM). The access code is 39478386. p***@ckr.com. Get Full Access To Patty's Info. Revenue: $500 million to $1 billion (USD) Competitors: UNKNOWN. CKE RESTAURANTS HOLDINGS INC (Private) Company Profile, Corporate Revenues, Growth, Market Size, Analysis, Business Forecasts, Market Share, Metrics, SWOT. Carl's Jr. company-operated same-store sales for the year declined 6.2% as a result of the particularly weak economy in California and poor weather conditions near year end. Is CNN Taking A Socially Conservative Stand Against Ads With Women In Bikinis? © 2021 Forbes Media LLC. CARPINTERIA, Calif., Mar 24, 2010 (BUSINESS WIRE) -- CKE Restaurants, Inc. (NYSE:CKR) announced today fourth quarter and fiscal year-end results. CKE Restaurants Holdings Inc., ... CKE reported revenues of $1.3 billion, an increase of $46 million, or 3.6 percent, compared to the prior year, according to SEC filings. Revenue: $500 million to $1 billion (USD) ... Mission: At CKE Restaurants, we know that today’s consumer has a variety of options when dining out. The new “Feed Your Happy” brand campaign reunites Carl’s Jr. and Hardee’s after advertising for the two brands was separated two years ago. CKE Restaurants Inc.'s fiscal fourth-quarter net income dropped steeply as revenue fell and interest expenses more than quadrupled amid a $9.7 million charge on interest rate swaps. That can certainly be true, but nothing is stranger than the spin from a newsroom looking for political advantage. Patty Trevino is the Marketing at CKE Restaurants based in Franklin, Tennessee. Our fiscal year is comprised of 13 four-week accounting periods and ends on the last Monday in January each year. CKE Restaurants' Puzder sees tasty results; 3Com's Claflin explains loss to investors; Take Two's Roedel eyes Grand Theft sales. Labor costs also increased due to higher minimum wages in some states and the impact of sales deleveraging. The Company will host a conference call and webcast on March 25, 2010, at 6:00 a.m. PST (9:00 a.m. EST) to review these results and discuss the Company's growth plans. To grow same-store sales we will continue with our aggressive new product launches, cutting edge advertising, dual branding and remodeling; all the while looking for ways to increase profitability.". CKE Restaurants Holdings, Inc. est une société privée dont le siège social est basé à Carpinteria, en Californie. The dial in information is (617) 224-4324. CKE Restaurants, Inc. owns and operates fast food restaurants. CKE also uses PAR hardware, the EverServ™ POS terminals. Digital Twins are proving to be an important technology trend, not just in manufacturing. CKE Restaurants (CKR): Q4 EPS of $0.28 beats by $0.22, may not be comparable. Restaurant-level margin declined to 20.0% compared to the prior year at 21.2% of company-operated restaurants revenue. Because something magical will happen: all those people currently getting $7.25 will have more money in their pockets. CKE Restaurants Reviews CKE Restaurants 99. Announces Preliminary, Unaudited Fourth Quarter and Full Year Fiscal 2013 Results CARPINTERIA, Calif.--(BUSINESS WIRE)-- CKE Restaurants, Inc. ("CKE CKE Restaurants Holdings, Inc., which owns Carl's Jr. and Hardee's, is using virtual reality (VR) to test and implement new products and processes in a faster way. Collectively the brand generates approximately $4 billion in annual system revenues. 'Our management team's focus on stemming the decline in same-store sales looks to have gained some traction in period seven,' said Andrew F. Puzder, chief executive officer. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. All other quarters have three periods, or 12 weeks. CKE also owns Hardee's Food Systems, which operates and franchises roughly 1,950 Hardee's locations, mostly in the Midwest and Southeast. Revenue for the first quarter, from company-operated Carl's Jr. restaurants (exclusive of all franchise-related revenue and royalties), was approximately $176.9 million. Legal Notices | Privacy Policy, European Master & Multi-Unit Franchising Conference, Franchise Leadership & Development Conference, Franchise Marketing Leadership Conference, Franchise Leadership & Development Report. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. Use Forbes logos and quotes in your marketing. From its beginnings as a hot-dog cart run by company founder Carl N. Karcher, CKE has grown into a firm with 441 company-owned and 530 franchisee-owned Carl's Jr. restaurants, and 751 company-owned and 1,706 franchisee-owned Hardee's. Matters discussed in this press release contain forward-looking statements relating to the Company's strategic initiatives to grow same-store sales, expand its franchisee presence and increase profitability, which are based on management's current beliefs and assumptions. Previously, Patty was the Marketing at Hardee's. Forward-looking statements speak only as of the date they are made. We define company-operated restaurant-level margin as restaurant-level income divided by company-operated restaurants revenue. Copyright © 2001 - 2021. It is classified as operating in the Offices of Bank Holding Companies industry. CKE Restaurants (CKR) said today that is has received an alternative takeover bid to rival Thomas H. Lee Partners offer. Cke Restaurants's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. The Company's filings with the SEC are available to investors at www.ckr.com under "Investors/SEC Filings.". CKE Restaurants Holdings, Inc. owns, operates and franchises over 3,800 quick-service restaurants in 44 states and 43 foreign countries and U.S. territories (as of January 2019). Labor costs increased 60 basis points primarily due to the deleveraging impact of the decrease in same-store sales and the relatively fixed nature of restaurant management costs. CPR helped CKE, which was on the brink of bankruptcy five years ago, increase sales at restaurants open more than a year, narrow its overall losses and even turn a profit in 2003. Restaurant-level margin declined to 17.3% compared to the prior year quarter at 21.0% of company-operated restaurants revenue. On a two-year basis, same-store sales decreased 4.1%. Box 20547San Jose, CA 95160PH. No statement in this site is to be construed as a recommendation. The parent company of both Carl's Jr. and Hardee's has filed to go public. Total revenue for the year was $1,418.7 million, a decline of 4.3%. View CKE Restaurants (www.ckr.com) location in Tennessee, United States , revenue, industry and description. Restaurant-level income is company-operated restaurants revenue less restaurant operating costs, which are the expenses incurred directly by our company-operated restaurants in generating revenues and do not include advertising costs, general and administrative expenses or facility action charges. Depreciation increased 70 basis points primarily related to the ongoing remodeling program. 102 CKE Restaurants reviews. In various places throughout this press release, we use certain financial measures which are not prepared in accordance with accounting principles generally accepted in the United States ("Non-GAAP"), which we believe provide valuable information to our stockholders. "Blended same-store sales decreased 3.9% for our fiscal year and decreased 6.0% in the fourth fiscal quarter with poor end of year weather impacting our results. In 1941 Carl's Jr. founder, Carl Karcher, entered the fast food market with his purchase of a hot dog cart in Los Angeles, California. Trump is expected to nominate Puzder to be Labor secretary. Export. Andrew Puzder, the CEO of CKE Restaurants and President Donald Trump's choice to run the Department of Labor, is withdrawing his name from consideration for Labor Secretary. The Company's Adjusted EBITDA for the quarter remained strong at $32.7 million, or 10.5% of total revenue compared to $34.4 million, or 10.5% of total revenue in the prior year quarter. 15. (AP Photo/Carolyn Kaster) They say politics makes for strange bedfellows. Hardee's company-operated same-store sales for the quarter decreased 2.5% also due to weak economic conditions. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity. Partially offsetting these favorable expenses was a 110 basis point increase in depreciation costs, primarily related to recent remodeling activity and equipment upgrades and increases in labor costs associated with the federal minimum wage rate hike and sales deleveraging. CKE Restaurants, Inc. (NYSE: CKR) announced today period seven company-operated same-store sales for the four, twelve, and twenty-eight week periods ended August 10, 2009, for Carl's Jr.(R) and Hardee's(R). Direct Phone (615) ***-**** Get Email Address Get Phone Number. Here's why investors may not be enthused about owning a piece of CKE Restaurants. CKE Restaurants is a leading fast-food operator with more than 3,150 eateries across the country. Billionaire Founder Of Jimmy John’s Sells His Remaining Stake At Undisclosed Price, Andy Puzder Withdraws Name From Consideration For Labor Secretary, Where Secretary Of Labor Nominee Andy Puzder Stands On Employment And Jobs, A Tale Of Two Surveys: The Workplace Record Of Trump's Labor Secretary Nominee. Carl's Jr. company-operated same-store sales for the quarter declined 8.7% as a result of the particularly weak economy in California and poor weather conditions. Total quarterly revenue was $311.7 million, a decline of 4.8%. 12/8/2020 12:34 AM. The Atlanta-based owner of Arby’s and Buffalo Wild Wings acquired founder Jimmy John Liautaud’s remaining stake in the company, three years after its parent company Roark Capital first invested in the sandwich chain. Jacob Brewer, senior director of ops innovation at CKE, shared more in an interview. On a two-year basis, same-store sales decreased 9.3%. Experience CKE Restaurants, Inc. December 2013 - September 2014 Skills Public Speaking, AutoCAD, Microsoft Excel, Microsoft Word, Microsoft Office, Research, Higher Education, PowerPoint, Social Media Education American River College 2013 — 2017 Associate's Degree, Physical Sciences Granite Bay High School 2009 — 2013 High School Diploma

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