Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed ...
Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over 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 on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
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 Inc. (NYSE:M) shares are trading lower premarket on Monday after the company delayed its earnings release and ...
Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...
Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...
Macy's delays earnings release due to accounting issue. Independent investigation reveals employee hid delivery expenses.
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 ...