$BBBY Will Re-Test Highs?

"Revenue at stores open at least a year rose 7 percent. That's an important retail measurement because it excludes the effects of stores that open or close during the year.
The company reported net income of $180.6 million, or 72 cents per share, for the quarter, compared with $137.6 million, or 52 cents per share, in the same quarter last year. Revenue rose nearly 10 percent to $2.11 billion.
The results beat analyst expectations of 62 cents per share on revenue of $2.07 billion, according to FactSet.
Bed Bath & Beyond said it now expects to earn 77 to 82 cents per share for the second quarter. Analysts had expected 82 cents per share.
In raising its full-year forecast, Bed Bath & Beyond said it expects earnings to rise 15 percent to 20 percent from last year. In April, the company said it expected a 10 percent to 15 percent increase." AP

Good results; 15P/E for a 10% sales grower seems reasonable which gives something in the area of $55.00 to 57.00 . (No debt...full of cash).

$ADBE Overreaction? Second Day Levels.

"Profit excluding certain costs in the second quarter, which ended June 3, rose to 55 cents a share, Adobe said in a statement yesterday. That compared with the 51-cent average analyst projection in a Bloomberg survey. Revenue increased 8.5 percent from a year earlier to $1.02 billion, topping analysts’estimates for $995.7 million.
In the current quarter, profit before some expenses will be 50 cents to 56 cents a share, Adobe said. That compares with a 54-cent average analyst prediction. Revenue will be $1 billion to $1.05 billion, the company said, while analysts had estimated $1.02 billion" BLOOMBERG

IMHO seems to me there was some overreaction

$KMX Second Day Levels.

"...posted net income of $126.3 million, or 55 cents per share for the three months ended May 31. That's up from $101.1 million, or 44 cents per share, a year ago. Earnings included a 3 cents per share gain related to its financing arm.Revenue rose 18 percent to $2.68 billion on strong used car sales and higher prices. Sales at stores open at least one year increased 6 percent.
Analysts surveyed by FactSet forecast adjusted earnings of 47 cents per share on $2.52 billion in revenue"