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CKE Restaurants, Inc. Reports Positive Period 12 Blended Same-Store Sales

Posted on: Wednesday, 11 January 2006, 09:00 CST

CARPINTERIA, Calif., Jan. 11 /PRNewswire-FirstCall/ -- CKE Restaurants, Inc. announced today period 12 same-store sales for the four weeks ended Jan. 2, 2006, for Carl's Jr.(R) and Hardee's(R).

Brand Period 12 Year to Date FY 2006 FY 2005 FY 2006 FY 2005 Carl's Jr. +4.5% +8.4% +1.9% +8.2% Hardee's +1.5% +5.8% -1.1% +7.4% Blended +3.0% +7.1% +0.3% +7.8%

Commenting on the Company's performance, Andrew F. Puzder, president and chief executive officer, said, "We are pleased to report positive same-store sales for Carl's Jr. and Hardee's in period 12. We believe our successful product promotions allowed us to perform well despite difficult prior-year comparisons for both brands."

"During period 12, Carl's Jr. promoted its Hand Scooped Ice Cream Shakes & Malts(TM) as well as The Portobello Mushroom Six Dollar Burger(TM)," said Puzder. "Despite a strong prior-year comparison, Carl's Jr. recorded a same-store sales increase of 4.5%. On a two-year cumulative basis, same-store sales at Carl's Jr. have increased almost 13 percent. Average unit volumes for period 12 were higher than any comparable period in at least a decade." Revenue for period 12 from company-operated Carl's Jr. restaurants (exclusive of franchise-related revenue and royalties) was approximately $45.7 million.

"As part of our efforts to fill some gaps in Hardee's menu in order to broaden the brand's appeal, Hardee's introduced the Red Burrito Taco Salad(TM) and continued to promote its Big Chicken Fillet(TM) sandwich during period 12," Puzder continued. "The chain also improved its value offers by replacing its small 2-for-$1 Slammers burgers with a 1/4-lb. Double Cheeseburger sold at a 2-for-$3 price point. These items helped Hardee's post a same-store sales increase of 1.5%. On a two-year cumulative basis, Hardee's same-store sales have increased over seven percent. In addition, Hardee's period 12 average unit volume was higher than any comparable period 12 since 1997." Revenue for period 12 from company-operated Hardee's restaurants (exclusive of franchise- related revenue and royalties) was approximately $43.4 million.

For period 12, consolidated revenue from company-operated restaurants (exclusive of all franchise-related revenue and royalties) was approximately as follows:

Carl's Jr. $ 45.7 million Hardee's $ 43.4 million La Salsa Fresh Mexican Grill(R) $ 3.5 million Total $ 92.6 million

Same-store sales results for period 13 and the fourth quarter of fiscal year 2006, ending Jan. 30, 2006, will be reported on or about Feb. 8, 2006.

As of the end of its fiscal third quarter on November 7, 2005, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,163 franchised and company-owned restaurants in 43 states and in 13 countries, including 1,042 Carl's Jr. restaurants, 2,004 Hardee's restaurants and 101 La Salsa Fresh Mexican Grill(R) restaurants.

SAFE HARBOR DISCLOSURE

Matters discussed in this news release contain forward-looking statements relating to future plans and developments, financial goals and operating performance that are based on management's current beliefs and assumptions. Such statements are subject to risks and uncertainties. Factors that could cause the Company's results to differ materially from those described include, but are not limited to, whether or not restaurants will be closed and the number of restaurant closures, consumers' concerns or adverse publicity regarding the Company's products, effectiveness of operating and product initiatives and advertising and promotional efforts (particularly at the Hardee's brand), changes in economic conditions or prevailing interest rates, changes in the price or availability of commodities, availability and cost of energy, workers' compensation, employee health insurance costs and general liability premiums and claims experience, changes in the Company's suppliers' abilities to provide quality and timely products to the Company, delays in opening new restaurants or completing remodels, severe weather conditions, the operational and financial success of the Company's franchisees, franchisees' willingness to participate in our strategy, availability of financing for the Company and its franchisees, unfavorable outcomes on litigation, changes in accounting policies and practices, new legislation or government regulation (including environmental laws), the availability of suitable locations and terms for the sites designed for development, and other factors as discussed in the Company's filings with the Securities and Exchange Commission.

Forward-looking statements speak only as of the date they are made. The Company undertakes no obligation to publicly update or revise any forward- looking statement, whether as a result of new information, future events or otherwise, except as required by law or the rules of the New York Stock Exchange.

CKE Restaurants, Inc.

CONTACT: John Beisler, Vice President - Investor Relations of CKERestaurants, Inc., +1-805-745-7750

Web site: http://www.ckr.com/

Source: PRNewswire-FirstCall

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