CKE Restaurants (CKR)

CKE Restaurants today announced two franchise agreements that will bring an additional 31 Carl's Jr.(R) restaurants to Texas over the next nine years. Frontera Star Foods has committed to opening 20 units in the Laredo, Brownsville, McAllen, and Harlingen areas in Southeast Texas. The second franchisee, Burger Barons, has agreed to open 11 units throughout the Waco, Killeen, Temple, College Station and Bryan, Texas communities. Both franchisees are new members of the Carl's Jr. franchise community.
As of the end of its fiscal 2010 third quarter, CKE Restaurants, Inc., through its subsidiaries, had a total of 3,147 franchised, licensed or company-operated restaurants in 42 states and in 14 countries, including 1,221 Carl's Jr. restaurants and 1,913 Hardee's(R) restaurants.

Jan 12 · 2:58:00 PM · Source: Company Press Release
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by Rich Pike