Chico's up 14% on Strong Q4 Earnings

Chico's FAS

is trading higher on the session following its Q4 earnings announcement. The company reported EPS of $0.15 vs $0.11 estimate and revenues of $569.20 million vs $546.66 million estimate. The clothing retailer also guided 2012 sales higher than expected. The stock broke above its 200-day moving average of $12.85 this morning and is trading at the highest levels since August, 2011. Chico's FAS is currently trading at $14.57, a gain of $1.76 or 13.74%.