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

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.

UPI News on MSN · 4h

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.

The Associated Press on MSN · 19h

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million accounting-related issue

2h

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

Macy’s is delaying its third-quarter earnings release and conference call because of a single employee’s intentional ...

21hon 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.

22hon MSN

Macy’s finds ‘erroneous’ accounting entries, leading to delay of earnings report

Macy’s identified a single employee who made “erroneous” accounting entries to hide up to $154 million in delivery expenses ...

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