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For period nine, consolidated revenue from company-operated restaurants was $82.3 million, compared to $84.4 million for the same period in the previous year. Year-to-date total revenues was $766.6 million, compared to $795.3 million in the prior-year period.
Andrew Puzder, CEO of CKE Restaurants, said: "While Hardee's continues to show improvement in company-owned same-store sales, the further weakening of California's economy continued to impact Carl's Jr. In particular, record levels of California's unemployment exceeding 12%, and 18% for the broader unofficial statistic, have negatively influenced consumers' buying habits. No doubt, this situation is also driving the increase in aggressive 99-cent discount promotions by our competitors."
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