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Hardee's, Carl's Jr. report positive comps for period 9
October 14, 2008
CARPINTERIA, Calif. —CKE Restaurants Inc.'s period nine same-store sales were up slightly for the four weeks ended Oct. 6, 2008, for Carl's Jr. and Hardee's, the company announced.
Comparable blended store sales were up 1.2 percent, compared to an increase of 0.1 percent in the same period last year. Year-to-date blended comps were up 2.2 percent compared to an increase of 1.5 percent last year.
At Carl's Jr., comps were 1.6 percent compared to a decline of 1.1 percent in the same period last year. Year-to-date comps were up 3.2 percent, compared to an increase of 0.7 percent last year. Hardee's reported a 0.8 percent rise in same-store sales, down slightly from an increase of 1.3 percent last year. Year-to-date, Hardee's comps are up 1.0 percent, down from an increase 2.3 percent last year.
For period nine, consolidated revenue from company-operated restaurants (exclusive of all franchise-related revenue and royalties) was approximately $84.4 million for both chains, with Carl's Jr. reporting $46.4 million and Hardee's $38 million.
Andrew Puzder, CKE president and chief executive officer, said that Hardee's stores were negatively impacted by the aftermath of Hurricane Ike and the subsequent gasoline shortage in the Southeast.
During period nine, Carl's Jr. promoted the Jalapeno Chicken Sandwich as well as the Monster Breakfast Sandwich.Hardee's introduced Little Thickburgers, a quarter-pound sized version of the one-third pound Thickburger and Cheese Thickburger, as well as the Pork Chop 'N' Gravy Biscuit.
The company will report period 10 comps on or about Nov. 12.
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