Analysts weigh in on the deal
Continued from page 1 Some analysts expect Le Duff to close some of the 145 units, which have seen average unit volumes over the past four years fall from $3.3 million to $2.5 million. “We think Le Duff will maintain the Mimi’s Café brand west of the Rockies, while converting the remaining Mimi’s Café restaurants into La Madeleine restaurants,” wrote Stephen Anderson, senior restaurant analyst at Miller Tabak + Co. LLC., in a note to investors ...
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