Macy’s Says Accounting Employee Hid Up to $154 Million in Delivery Expenses
Macy’s delayed its quarterly results after the company discovered that an employee had hidden up to $154 million in delivery expenses over several years, prompting an investigation.The retailer said Monday that a single employee,
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in erroneously reported expenses. The company said it discovered the issue when it was preparing its earnings,
Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue
Macy's finds employee hid $154 million in expenses, report delayed
Macy's announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, sending its stock plummeting in early trading.
Macy's says an employee hid up to $154 million in delivery expenses
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
Macy's says employee 'intentionally' hid up to $154M in expenses
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as $154 million in shipping expenses.
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Don't fall for delivery tracking scams this holiday season
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‘Yeah!’ Cesily Collette Taylor, who plays young Nessarose, praised for the ‘single greatest’ line delivery in ‘Wicked’
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Space on MSN9h
Russian cargo spacecraft's 'unexpected odor' delays delivery to astronauts on ISS
A Progress spacecraft at the ISS has a strange smell and unusual droplets after arriving at the ISS, NASA reported.