Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...
Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for nearly three years.
Macy's reports 3Q preliminary results with a 2.4% decline in net sales, weak performance in non-First 50 locations and ...
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...
Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...