CKE Restaurants (CKR) Same-Store Sales Declined 1.8%

CKE Restaurants, Inc. (NYSE: CKR) announced blended same-store sales declined by 1.8% during the Q1 after having increased by 1.8% during Q1 of last year.


"On a consolidated basis, fiscal 2010 first quarter restaurant operating expenses as a percentage of company-operated restaurants revenue are anticipated to be essentially flat as compared to the first quarter of fiscal 2009, which was 80.0 percent," explained Ted Abajian, Executive Vice President and Chief Financial Officer.

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