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CKE Restaurants

  1. The Milken Rule and Wide/Sustainable Moats

    After reviewing CKE Restaurants' CKR recent sales results, we are maintaining our fair value estimate. Blended same-store sales rose by 7.4% for the four weeks that ended Jan. 1 (up from a 2.9% increase for the four weeks that ended Dec. 4). This was a very strong result, but we still question how ...

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