Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
(Reuters) - Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related ...
US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...
Macy's was forced to delay reporting its third-quarter earnings after an employee hid up to $154 million in expenses related to delivering small packages. The retailer, which also owns Bloomingdale's ...
Shares of the Bloomingdale's parent, which was set to report results on Nov. 26, fell before the bell, as the company expects ...
The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...
Macy’s is in crisis mode after disclosing that an employee cooked the books for years, using unethical accounting practices ...