June 19, 2013

CKE

Good Times used same store sales growth and a new breakfast menu to build stocks
Taking Stock of 2012

Quick-service restaurant shares outperformed the overall stock market in 2012.
Farmers are pressured by increasing commodity costs due to the drought.
Commodities in Crisis
January 2013

Last year’s historic drought is placing lasting pressures on operators as commodity prices jump.
New York Mayor Michael Bloomberg has angered many with his health regulations.
The Bloomberg Precedent
January 2013

New York City Mayor Michael Bloomberg is transforming the state of food regulations—for better or worse.
CKE Announces Initial Public Offering

CKE Inc., parent company to Hardee's and Carl's Jr., announced today that it has commenced an initial public offering of 13,333,334 shares of its common stock at an anticipated public offering price between $14.00 and $16.00 per share.

The company is offering 6,666,667 of the...

CKE Actively Seeking Hardee’s Franchisees in Charlotte, N.C.

CKE Restaurants, Inc., announced today its intent to develop new Hardee’s restaurants throughout the Charlotte, North Carolina, area.

The company is seeking to expand its Charlotte footprint over the next several years and sees the potential to develop more than 35...

CKE Files Brief to Fight Inflated Swipe Fees

CKE Restaurants, Inc., parent company of Carl’s Jr. and Hardee’s brands, today announced it has joined with other quick-serve restaurant and convenience store chains in filling an amicus brief in support of a lawsuit against the Federal Reserve regarding unjustifiably high...

HSUS Now CKE Shareholder to Encourage Egg, Pork Changes

The Humane Society of the United States (HSUS) announced that it is now a shareholder with Apollo Global Management, parent company to Carl’s Jr. and Hardee’s umbrella CKE Restaurants.

The HSUS hopes to use its position as shareholder to encourage the restaurant company to use...

Popular Menu Proteins
January 2012

As Americans’ hunger for burgers and chicken continues to grow, restaurant operators are tweaking their menus to meet consumers’ demands for new meats and higher quality.

An increasing number of limited-service restaurants have added better and more “natural” meat...

BoeFly: The eHarmony of Lending?

With franchisees still struggling to access the capital necessary to open new stores and run their operations, franchisors are getting help from an online service to pair operators with suitable lenders.

David Nayor, co-president and chief operating officer of BoeFly.com, says the service...

CKE to Present at Hispanic Business Expo

CKE Restaurants Inc. will present and exhibit at the United States Hispanic Chamber of Commerce 32nd-Annual National Convention & Business Expo in Miami on September 18-21. More than 3,000 people are expected at this annual event honoring Hispanic entrepreneurship in America. The convention...

Trio Named to CKE's Board
Daniel E. Ponder Jr., Jerold H. Rubinstein, and C. Thomas Thompson appointed to company's board of directors.
Is the Health Trend Dying? 

Perhaps the biggest splash so far this year in the quick-service sector came in April when KFC’s Double Down, a breadless “sandwich” that features melted cheese, bacon, and sauce between two chicken filets, made its national debut.  

Burgers in Vietnam? CKE is Banking On It
CKE opens first of at least 25 Carl's Jr. units that are set to open in Vietnam in next six years.
CKE Finds Itself a New Buyer
After previously announcing its sale to Thomas H. Lee Partners, the parent company of Carl's Jr. and Hardee's will now be acquired by an affiliate of Apollo Management LP for about $1 billion.
New Kitchen Automation Solution Now At Hardee's
QSR Automations' technology solution rolls out at all Hardee's, tests at Carl's Jr.
CKE Sold for $928 Million
Acquisition by Thomas H. Lee Partners includes the assumption of approximately $309 million of net debt.
Vietnam Secures 25 Carl's Jr. Units
New franchise agreement between CKE and the Mesa Group will develop Carl's Jr. bbrand throughout the nation; first scheduled to open in Ho Chi Minh City in April.
31 New Carl's Jr. Units to Open in Texas
Two franchisees, Frontera Star Foods and Burger Barons, to open units over the next nine years.
Carl's Jr. Set to Take Its Vitamins
CKE to offer three flavors of vitaminwater at all Carl's Jr. locations.
CKE Reaches $1 Million Goal in Breast Cancer Fight
"Pink Star" fund raising campaign at Carl's Jr. and Hardee's achieves goal for National Breast Cancer Foundation.
New Partnership between CKE Restaurants and Monster Beverage Company
Such CKE Restauraunts as Carl’s Jr. & Hardee’s will now serve Monster Energy drinks.
CKE Restaurants Partner with Monster
Monster Energy drinks to be sold at Hardee's and Carl's Jr. locations.
Hardee's Franchisee Puts Foot Down on Biscuit Ads
Largest Hardee's operator in U.S. says Biscuit Hole promotional spots go too far, refuses to air them.