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 ...
Macy's postponed its Q3 earnings after an investigation revealed that an employee concealed between $132 million and $154 ...
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.
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
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 its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
Preliminary findings revealed that the employee intentionally made erroneous accounting entries from Q4 2021 through Q3 2024.
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 announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...