An internal investigation revealed that a single employee intentionally concealed these expenses over nearly 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 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 ...

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

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 on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for nearly three years.

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...