Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
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 the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...
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 cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...
Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for 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 announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
The individual responsible is no longer with the company, and no other employees were implicated. Macy’s now expects to ...