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 ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com