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 says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
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 Inc. (NYSE:M) shares are trading lower premarket on Monday after the company delayed its earnings release and ...
Key Takeaways Macy's stock retreated Monday morning after the retailer said it would delay its third-quarter earnings report ...
(Reuters) - Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related ...
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
Macy's has delayed Q3 earnings as it investigates over $130 million in hidden expenses. Macy's said a single employee was ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
An independent investigation and forensic analysis found that a single employee hid roughly $132 million to $154 million of ...
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...