CKE Restaurants, Inc. (NYSE:CKR) announced today that its Board of
Directors declared yesterday a second quarter dividend of $0.06 per
share of common stock to be paid on August 31, 2009 to its stockholders
of record at the close of business on August 10, 2009.
As of the end of its fiscal 2010 first quarter, CKE Restaurants, Inc.,
through its subsidiaries, had a total of 3,133 franchised, licensed or
company-operated restaurants in 42 states and in 14 countries, including
1,205 Carl's Jr. restaurants and 1,915 Hardee's restaurants.
SAFE HARBOR DISCLOSURE
Matters discussed in this press release contain forward-looking
statements relating to future plans and developments, financial goals,
and operating performance and are based on management’s current beliefs
and assumptions. Such statements are subject to risks and uncertainties
that are often difficult to predict and beyond the Company’s control.
Factors that could cause the Company’s results to differ materially from
those described include, but are not limited to, the Company’s ability
to compete with other restaurants, supermarkets and convenience stores;
changes in economic conditions which may affect the Company’s business
and stock price; the effect of restrictive covenants in the Company’s
credit facility on the Company’s business; the Company’s ability to
attract and retain key personnel; the Company’s franchisees’ willingness
to participate in the Company’s strategy; the operational and financial
success of the Company’s franchisees; changes in consumer preferences
and perceptions; changes in the price or availability of commodities;
changes in the Company’s suppliers’ ability to provide quality products
to the Company in a timely manner; the effect of the media’s reports
regarding food-borne illnesses and other health-related issues on the
Company’s reputation and its ability to obtain products; the seasonality
of the Company’s operations; increased insurance and/or self-insurance
costs; the Company’s ability to select appropriate restaurant locations,
construct new restaurants, complete remodels of existing restaurants and
renew leases with favorable terms; the Company’s ability to comply with
existing and future health, employment, environmental and other
government regulations; and other factors as discussed in the Company’s
filings with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date they are made. The
Company undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise, except as required by law or the rules of
the New York Stock Exchange.
CKE Restaurants, Inc.
Lisa Riordan
Vice President, Investor
Relations
805-745-7750
