I think you are right. This time I am not at all worry though. They proved to be able to increase earnings at the tune of 16% per year during the peak of the downturn.

Now that things are slowly getting better they are likely to at least continue on their good performance. Now, plus, they have an enlarged clients database, new store openings and plenty of cash.

Think all the ingredients are in to expect steady earnings growth for the next few years. We should see the upper 60s or 70s (or more) by then.