Macy’s (NYSE:M) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.19 by 173.68 percent. This is a 57.72 percent decrease over earnings of $1.23 per share from the same period last year. The company reported quarterly sales of $5.23 billion which beat the analyst consensus estimate of $5.20 billion by 0.58 percent. This is a 3.86 percent decrease over sales of $5.44 billion the same period last year.
Some Breather For Novavax’s COVID-19 Vaccine, Inks Multibillion-Dollar Deal With Sanofi And Erases Doubts About Its Going Concern
Novavax strikes co-exclusive licensing deal with Sanofi (SNY) for COVID-19 and flu-COVID-19 vaccines. Terms include upfront payment of $500M, milestone opportunities, and revenue guidance update.