Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

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

Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...

Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for nearly three years.

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 ...