Today’s Financial Briefs

CKE records 13-percent drop in 3Q profit
CARPINTERIA, Calif. — Carl's Jr. and Hardee's parent CKE Restaurants Inc. said Wednesday that reduced revenue from refranchising efforts and higher interest expenses pushed third-quarter profit down 13 percent, even as both brands posted positive same-store sales.

Pizza Hut, franchisee NPC ink deals for 97 units
OVERLAND PARK, Kan. — NPC International Inc., the largest Pizza Hut franchisee, said Thursday it agreed to another two purchase and sale agreements with franchisor Pizza Hut Inc. covering 97 restaurants and totaling $37.5 million.

Krispy Kreme's 3rd-Q loss widens
WINSTON-SALEM, N.C. — Krispy Kreme Doughnuts Inc. said increased food and equipment costs coupled with an 8.7-percent drop in revenue led to a widened net loss for the company's fiscal third quarter.

Peltz's Trian to hold 21.6% stake in Wendy's/Arby's
NEW YORK — Trian Fund Management LP, an investment fund controlled by activist investor Nelson Peltz, said Monday that its pending tender offer for shares in Wendy's/Arby's Group Inc. will give it control of 21.6 percent of the restaurant company.