macy q3 news - Search News

Macy's Q3 results delayed

The Associated Press on MSN · 1h

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

Newsweek on MSN · 3h

Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses

Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed up to $154 million in delivery expenses over nearly three years. The department store chain announced Monday that the issue,

YAHOO!Finance · 1h

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.

42m

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 ...

AOL11h

Macy's delays earnings to complete investigation into a worker hiding over $130 million in expenses

Macy's has delayed Q3 earnings as it investigates over $130 million in hidden expenses. Macy's said a single employee ...

9h

Macy’s falls after delay in Q3 results on accounting issue, preliminary sales lag

Macy's delays earnings release due to accounting issue. Independent investigation reveals employee hid delivery expenses.

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