Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

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

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

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

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 ...

The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...

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

Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...