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Wednesday, 05/16/2012 8:06:09 AM

Wednesday, May 16, 2012 8:06:09 AM

Post# of 212
Earnings out this morning.

Chicos cranks it out of the ballpark. 32¢ per share is by far the best quarter ever for them, and that number should knock the P/E ratio down to the mid-teens at today's share price.

No significant debt, and cash and cash equivalents total $147 million. That's about 88¢ cash per outstanding common share. That's down considerably from a year ago, reflecting the all cash (not leveraged) buy out of Boston Proper.

Very solid, very healthy little company.

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