CKE Restaurants, Inc., (NYSE: CKR) announced today period
10 same-store sales, for the four weeks and quarter ended November 4, 2002,
for each of its major brands — Carl’s Jr., Hardee’s and La Salsa.

Same-store sales for the period were up 1.1% at Carl’s Jr., compared with a 3.3% increase in the same period in fiscal 2002. Hardee’s saw a decrease of 3.1% compared to a 0.8% gain a year ago. La Salsa was down 0.9% compared to a 3.2% gain in fiscal 2002.

Commenting on the performance for the period, Andrew F. Puzder, President
and Chief Executive Officer, said, “As forecasted in our period 9 press
release, difficult prior-year comparisons related to the success of The Six
Dollar Burger(TM) campaign at Carl’s Jr. began to taper off this period and
same-store sales were slightly positive over a prior-year increase of 3.3% —
reversing the negative trend seen in the past three periods. We believe our
strategy to increase profitability at both Carl’s Jr. and Hardee’s by focusing
on a select number of premium products and by limiting the level of
discounting, has continued to contribute to weakness in same-store sales —
particularly at Hardee’s. We also believe that the aggressive level of
discounting pursued by certain of our competitors has negatively impacted
sales.”