A Macy’s employee intentionally hid up to $154 million in delivery expenses over the past three years. Investors have a lot of questions.
Macy’s third quarter earnings report was scheduled for Tuesday but will be delayed by an internal investigation.
The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
The department store chain had to delay its third quarter financial statements after uncovering 'erroneous accounting accrual ...
NEW YORK — Macy's reported weaker-than-expected sales for the third quarter Nov. 25 and said it's delaying the release of its ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
The person is no longer employed by the company, and it is unknown what the person's motivations were for hiding the expenses.
The Macy’s employee, who is no longer with the company, hid delivery expenses during the course of almost three years.
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...
During a week that all eyes are on Macy’s the iconic department store chain is making headlines for a reason outside of its ...