020206 CKE Sees 4Q Hardee's Same-Store Sales UpFebruary 2, 2002Santa Barbara, CA - Fast-food company CKE Restaurants Inc. forecast that fourth- quarter comparable-store sales at its Hardee's hamburger chain will rise 6.4 percent, helped by the introduction of a new burger and milder weather. CKE also said it still expects a loss in its fourth quarter, due to the seasonality of its business. Its Carl's Jr. chain is forecast to post a 4.3 percent gain at stores open at least year, a critical indicator of operational improvement, the Santa Barbara, California-based company said. “Our preliminary sales results exceeded our previously announced expectations for the fourth quarter,” Andrew F. Puzder, president and chief executive officer, said in a statement. “These results reflect the introduction of the Six Dollar Burger at Hardee's, its continued success at Carl's Jr., along with improved restaurant operations and milder weather compared to last year.” The company also said it closed a $100 million amended senior secured credit facility to replace a $120 million revolving facility.
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