macy's q3 news - Search News

Macy's Delays Q3 Earnings

Macy’s delays full Q3 report over millions in fraudulent expense accounting

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise decent quarter.

YAHOO!Finance · 8m

Macy's Delays Q3 Earnings Report Amid Investigation Over $154M Accounting Scandal; Stock Dips

Macy’s Inc. (NYSE:M) shares are trading lower premarket on Monday after the company delayed its earnings release and conference call regarding the third quarter of 2024 to allow for the completion of an independent investigation.

USA Today · 2h

Macy's Q3 results delayed after employee hides millions in expenses

Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations.

5hon MSN

Macy’s says employee hid up to $154 million in expenses, delays Q3 earnings

Macy’s reported weaker-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

3hon MSN

Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results