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Macy’s employee hid up to $154M in expenses

UPI News on MSN · 2h

Macy's: Employee hid upwards of $154M in delivery expenses

Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.

Macy's says an employee hid as much as $154 million in expenses

The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.

The New York Times · 20h

Macy’s Discovers Employee Hid Millions in Delivery Expenses

The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.

Yahoo Finance42m

Macy’s delays Q3 2024 earnings after employee concealed $154m delivery expenses

Macy's has announced a delay in its Q3 2024 financial results due to an accounting issue involving an employee who ...

19hon MSN

Macy's says an employee hid up to $154 million in expenses

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

19hon MSN

Macy’s says employee hid as much as $154 million in expenses

Macy’s said an accounting employee hid as much as $154 million in delivery expenses over a three-year period, prompting the ...

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