An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
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 ...
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
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 ...
Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
Preliminary findings revealed that the employee intentionally made erroneous accounting entries from Q4 2021 through Q3 2024.
Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...
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 the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...