CKE Restaurants, Inc. (CKE) owns, operates, franchises or licenses 3,116 quick-service restaurants, which are referred to in the Company’s industry as QSRs, primarily under the brand names Carl’s Jr. and Hardee’s. Carl’s Jr. restaurants are primarily located in the Western United States. The Hardee’s restaurants are located in the Southeastern and Midwestern United States. During the fiscal year ended January 26, 2009 (fiscal 2009), CKE opened seven company operated restaurants, acquired 37 restaurants from franchisees, sold 102 restaurants to franchisees and closed 20 restaurants.