CKE Restaurants, Inc. Reports Positive Period One Blended Same-Store Sales

CKE Restaurants, Inc. (NYSE: CKR) announced today period one same-store sales for the four weeks ended Feb. 27, 2006, for Carl's Jr.(R) and Hardee's(R).

    Brand             Period 1

                 FY 2007    FY 2006

    Carl's Jr.    +10.2%     +2.3%

    Hardee's      +4.3%      +3.0%

    Blended       +7.3%      +2.7%

Commenting on the Company's performance, Andrew F. Puzder, president and chief executive officer, said, "We are pleased to report positive same-store sales for Carl's Jr. and Hardee's for the third consecutive period. We believe both brands' results were driven by successful product promotions. In particular, Hardee's continued to benefit from our efforts to expand its appeal via the selective development of other menu categories."

"Carl's Jr. continued to feature its unique Jalapeno Burger(TM) during the period. It also introduced the Steak & Egg Burrito(TM) at breakfast, and added the first seasonal flavor, OREO(R) cookie, to its Hand-Scooped Ice Cream Shakes & Malts(TM) line in early February, although advertising for the latter two products only began on the last day of the period," said Puzder. "Carl's Jr. also benefited from favorable weather over the prior year. On a two-year cumulative basis, same-store sales at Carl's Jr. have increased 12 and one-half percent. Average unit volumes for period one were higher than any comparable period one ever." Revenue for period one from company-operated Carl's Jr. restaurants (exclusive of franchise-related revenue and royalties) was approximately $47.1 million.

"At Hardee's, we believe our efforts to selectively expand our menu variety to broaden the brand's appeal continues to fuel same-store sales gains. Specifically, Hardee's continued to promote a chicken sandwich, the Big Chicken Fillet(TM), a new entree salad, the Red Burrito Taco Salad(TM), and a more compelling, yet more profitable, value offer, the 2-for-$3 1/4-lb. Double Cheeseburgers. The brand also continued to feature its latest breakfast offering, the Steak 'N' Egg Burrito(TM), during period one," Puzder continued. On a two-year cumulative basis, Hardee's same-store sales have increased more than seven percent. In addition, Hardee's period one average unit volume was higher than any comparable period one since fiscal 1997." Revenue for period one from company-operated Hardee's restaurants (exclusive of franchise-related revenue and royalties) was approximately $45.0 million.

For period one, consolidated revenue from company-operated restaurants (exclusive of all franchise-related revenue and royalties) was approximately as follows:

    Carl's Jr.                        $47.1 million

    Hardee's                          $45.0 million

    La Salsa Fresh Mexican Grill(R)   $3.5 million

    Total                             $95.6 million

Same-store sales results for period two of fiscal year 2007, ending March 27, 2006, will be reported on or about April 5, 2006.

As of the end of its fiscal third quarter on Nov. 7, 2005, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,163 franchised and company-owned restaurants in 43 states and in 13 countries, including 1,042 Carl's Jr. restaurants, 2,004 Hardee's restaurants and 101 La Salsa Fresh Mexican Grill restaurants.


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