Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed ...
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...
The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...
Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
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 releasing its third-quarter earnings after discovering that a former employee concealed $132 million to ...
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...