CKE 1Q net dips, margins hold steady

CARPINTERIA Calif. Restaurant margins held steady at 19.9 percent for corporate Carl’s Jr. and Hardee’s restaurants, even as sales continued to slow during the chains’ May 18-ended first quarter.

Parent company CKE Restaurants Inc. said Wednesday that the Hardee’s chain drove the blended margin result with reduced food, packaging and labor expenses. Carl’s Jr. posted declining margins, but mainly because of reduced same-store sales that CKE said was a result of

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