CKE's profit surges in 4Q

CARPINTERIA Calif. Aggressive cost management and a focus on premium products helped drive up fourth-quarter net income at CKE Restaurants Inc., despite a slight drop in revenues, officials said Wednesday.

For the fourth quarter ended Jan. 31, net income for the parent of the Carl’s Jr. and Hardee’s brands was $2.6 million, or 5 cents per share, compared with $98,000, or nil per share, the year earlier. Revenues for the quarter fell about 3 percent to $327.4

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