Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...
Macy’s third quarter earnings report was scheduled for Tuesday but will be delayed by an internal investigation.
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.
The person is no longer employed by the company, and it is unknown what the person's motivations were for hiding the expenses.
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years.
Officials with Macy's say they are delaying their earnings report, after an employee with the company was fired for allegedly ...