-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SlCCFsJf5K/L+uDdLKdaAOpwEivm1bKwCXmsAJWhFey8g+YFk7cr0h2bznVe2VWl b7rTaTd6YaZcZXLOOTHO6Q== 0000950137-04-006953.txt : 20040819 0000950137-04-006953.hdr.sgml : 20040819 20040819121002 ACCESSION NUMBER: 0000950137-04-006953 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040818 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20040819 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CKE RESTAURANTS INC CENTRAL INDEX KEY: 0000919628 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 330602639 STATE OF INCORPORATION: DE FISCAL YEAR END: 0125 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11313 FILM NUMBER: 04985627 BUSINESS ADDRESS: STREET 1: 6307 CARPINTERIA AVENUE STREET 2: SUITE A CITY: CARPINTERIA STATE: CA ZIP: 93013 BUSINESS PHONE: (805)898-8408 MAIL ADDRESS: STREET 1: 6307 CARPINTERIA AVENUE STREET 2: SUITE A CITY: CARPINTERIA STATE: CA ZIP: 93013 8-K 1 a01367e8vk.htm FORM 8-K DATED AUGUST 18, 2004 e8vk
Table of Contents

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 18, 2004

CKE RESTAURANTS, INC.


(Exact name of Registrant as specified in charter)
         
Delaware
(State or other jurisdiction
of incorporation)
  1-11313
(Commission
File Number)
  33-0602639
(I.R.S. Employer
Identification No.)
     
6307 Carpinteria Avenue, Ste. A, Carpinteria, CA
(Address of principal executive offices)
  93013
(Zip Code)

(805) 745-7500


(Registrant’s telephone number, including area code)

(Former name or former address, if changed, since last report.)

 


TABLE OF CONTENTS

Item 12. Results of Operations and Financial Condition
SIGNATURES
EXHIBIT 99.1


Table of Contents

Item 12. Results of Operations and Financial Condition

On August 18, 2004, CKE Restaurants, Inc. (the “Company”) issued a press release announcing the Company’s same-store sales for the four week period ending August 9, 2004 and approximate consolidated revenues for its company-operated restaurants for the second fiscal quarter ended August 9, 2004. The press release is attached as Exhibit 99.1 hereto. This information, including Exhibit 99.1, shall be deemed to be “furnished” in accordance with SEC release numbers 33-8216 and 34-47583.

     The following exhibit is included herewith:

     
Exhibit    
Number
  Description
99.1
  Press release, dated August 18, 2004, issued by CKE Restaurants, Inc.

2


Table of Contents

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
         
  CKE RESTAURANTS, INC.
 
 
Date: August 18, 2004  /s/ Theodore Abajian    
  Theodore Abajian   
  Executive Vice President
Chief Financial Officer 
 

3


Table of Contents

         

EXHIBIT INDEX

     
Exhibit    
Number
  Description
99.1
  Press release, dated August 18, 2004, issued by CKE Restaurants, Inc.

4

EX-99.1 2 a01367exv99w1.htm EXHIBIT 99.1 exv99w1
 

Exhibit 99.1

(CARL'S JR. LOGO)

     
Contact:
  Irene Broussard
Director, Investor Relations
CKE Restaurants, Inc.
805-745-7750

CKE RESTAURANTS, INC. REPORTS SAME-STORE SALES INCREASES AT
CARL’S JR. AND HARDEE’S FOR THE 14TH CONSECUTIVE PERIOD

     CARPINTERIA, Calif. – August 18, 2004 – CKE Restaurants, Inc. (NYSE: CKR) announced today period seven same-store sales, for the four weeks ended August 9, 2004, for Carl’s Jr.® and Hardee’s®.

                                                 
    Period 7
  Second Quarter
  Fiscal Year to Date
Brand
  FY 2005
  FY 2004
  FY 2005
  FY 2004
  FY 2005
  FY 2004
Carl’s Jr.
    +6.4 %     +4.6 %     +8.1 %     +2.3 %     +9.0 %     +0.8 %
Hardee’s
    +6.1 %     +2.6 %     +6.2 %     +1.0 %     +9.3 %     -1.7 %

     Commenting on the Company’s performance, Andrew F. Puzder, president and chief executive officer, said, “The same-store sales increases for Period 7 represent fourteen consecutive periods of positive same-store sales for the company’s two major brands – Carl’s Jr. and Hardee’s.”

     ” At Carl’s Jr., the continuing appeal of several products introduced at the start of summer helped fuel the 6.4 percent same-store sales increase in period seven. Specifically, the brand was promoting The 1 lb. Double Six Dollar Burger™, the Low Carb Charbroiled Chicken Club™, and two new entrée salads, the BBQ Ranch Charbroiled Chicken Salad™ and the Mandarin Charbroiled Chicken Salad™, throughout the most recent period. For the 11th consecutive period, average unit volumes were higher than any comparable period in at least a decade.” For the second quarter, revenues from company-operated Carl’s Jr. restaurants (exclusive of all Franchise related revenues and royalties) were approximately $129.4 million.

     “Hardee’s also continued its positive same-store sales growth with a 6.1 percent increase over the prior year, further demonstrating the on-going popularity of the brand’s


 

100% Angus beef Thickburger™ line and Made-from-Scratch™ biscuits. The brand also benefited from the introduction of the second offering in Hardee’s line of new Breakfast Bowls, the Loaded Biscuit and Gravy Breakfast Bowl™. For the thirteenth consecutive period, Hardee’s average unit volumes were higher than any comparable period since 1999. For the second quarter, revenues from company-operated Hardee’s restaurants (exclusive of all Franchise related revenues and royalties) were approximately $140.5 million.

     For the second quarter, consolidated revenues from company-operated restaurants, (exclusive of all Franchise related revenues and royalties) were approximately as follows:

     
Carl’s Jr.   $129.4 million
Hardee’s   $140.5 million
La Salsa   $  11.5 million
Other   $    0.3 million
   
Total   $281.7 million
 
 
 

     Same-store sales results for the eighth period of fiscal year 2005, ending Sep 6, 2004, will be reported on or about Sep 15, 2004.

     As of the end of the first quarter on May 17, 2004, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,222 franchised or company-owned restaurants in 44 states and in 14 countries, including 1,016 Carl’s Jr.® restaurants, 2,081 Hardee’s® restaurants and 106 La Salsa Fresh Mexican Grill® 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.

# # #

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