Jobless rate, discounting hurt CKE’s Oct. sales

CARPINTERIA Calif. Discounting by competitors and high unemployment in California continued to take a toll on same-store sales in October at CKE Restaurants Inc.’s Carl’s Jr. and Hardee’s chains, officials said Wednesday in announcing preliminary results for the third quarter.

For the four weeks ended Nov. 2, the company reported blended same-store sales down 5.4 percent, compared with an increase of 1 percent for the same period the previous year.


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