Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...
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.
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 ...
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...
The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...
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 ...