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Macy's Q3 results delayed
Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years.
Macy's Q3 results delayed after employee hides millions in expenses
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations.
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
1h
on MSN
Best Buy expected to see improving sales in Q3 as AI products gain demand
Following its Q2 earnings results, the company updated its full-year outlook. It expected revenue to come in between $41.3 ...
11h
on MSN
Bath & Body Works sees strong sales in Q3, raises full-year outlook
Bath & Body Works fiscal third-quarter performance topped analysts’ estimates thanks to strong sales and the retailer boosted ...
FiercePharma
18h
Pfizer led industrywide sales surge in Q3 after several quarters of dominance by Eli Lilly, Novo Nordisk
After six straight quarters in which Eli Lilly or Novo Nordisk achieved the highest year-over-year revenue growth among the ...
2h
Leslie's (NASDAQ:LESL) Misses Q3 Sales Targets, Stock Drops 19.9%
Pool products retailer Leslie’s (NASDAQ:LESL) fell short of the market’s revenue expectations in Q3 CY2024, with sales ...
9h
Putnam Strategic Intermediate Municipal Fund Q3 2024 Commentary
Putnam Strategic Intermediate Municipal Fund’s slightly long duration positioning when compared with the benchmark ...
14h
on MSN
Nigeria's economic growth quickens to 3.46% y/y in Q3
Nigeria's economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, ...
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