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

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

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

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

Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

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

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

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 ...