CKE deflects critics as profit rises despite tough economy

CKE deflects critics as profit rises despite tough economy

While deflecting a big investor’s criticisms about depressed stock values and purportedly unchecked corporate overhead and capital spending, the parent of the Carl’s Jr. and Hardee’s brands posted trend-busting first-quarter results that exceeded expectations.

That earnings report came just days after the chief executive of CKE Restaurants Inc. and three other directors were re-elected to its board as shareholders rejected a call for thei

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish