CKE Restaurants Announces Hardee's Expansion Plans Across Charlotte, N.C.

Executive Roundtable to Learn About Hardee's Franchise Opportunities Planned for June 7

CARPINTERIA, Calif., May 25, 2012 // PRNewswire // -- CKE Restaurants, Inc., announced today its intent to develop new Hardee's® restaurants throughout the Charlotte, N.C. area. The company is seeking to expand its Charlotte footprint over the next several years and sees the potential to develop more than 35 new restaurants in the market. Currently, Hardee's operates 51 locations within the Charlotte metro-area.

Actively seeking new franchisees, Hardee's will host an Executive Roundtable on June 7 in Charlotte from 12:00 p.m. to 2:00 p.m. to share information about the benefits of owning a Hardee's restaurant and specific opportunities in Charlotte. To attend the Roundtable or schedule an individual meeting, please visit www.ckefranchise.com/Success to complete the registration form.

"Hardee's is ranked among the highest quality and best tasting brands in the burger segment and is recognized for our consistent track record of sales growth and solid unit economics," said Ned Lyerly, CKE's Executive Vice President of Global Franchise Development. "We are excited to expand in the Charlotte area, and we're now looking for experienced multi-unit operators to join the brand."

Qualified candidates should possess a minimum net worth of $1 million and a minimum liquidity of $300,000. Franchisees can expect an initial investment of $1.1 million, including the franchise fee. Additional franchise information is available at www.ckefranchise.com.

"Our commitment at Hardee's to serve premium-quality, great-tasting food is rivaled only by our commitment to the success of our franchisees." continued Lyerly. Started in North Carolina in 1960, Hardee's has been a local favorite for more than 50 years. Although most people know Hardee's for its Made from Scratch Biscuits™, all that changed in 2003 with the launch of the 100% Black Angus Beef Thickburger® line. The sit-down-restaurant-quality Thickburgers established Hardee's as a leader in the quick service industry in quality and taste. Today, Hardee's forges ahead with an attractive franchise centric business model featuring a strong brand heritage, iconic memorable ads, an innovative menu, solid unit economics and dual branding options with Red Burrito (C).

About Hardee's

Celebrating more than 50 years in the quick-service industry, Hardee's Food Systems is a wholly owned subsidiary of CKE Restaurants, Inc. of Carpinteria, Calif. At of the end of fiscal 2012, the Company, through its subsidiaries, had a total of 3,243 franchised or company-operated restaurants in 42 states and in 25 countries, including 1,313 Carl's Jr.® restaurants and 1,912 Hardee's restaurants. For more information, or to find a Hardee's near you, go to www.hardees.com. Hardee's social media sites includewww.facebook.com/hardees, www.twitter.com/hardees, and www.youtube.com/hardees.

Contact:

Carolyn Popescu
Fish Consulting
954.893.9150
cpopescu@fish-consulting.com

Source: PR Newswire (http://s.tt/1cKFJ)

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