macy's delivery expenses news - Search News

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.

Hosted on MSN · 11h

Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses

Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in erroneously reported expenses. The company said it discovered the issue when it was preparing its earnings,

21hon 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 ...

17hon MSN

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

By MICHELLE CHAPMAN Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an ...

21hon 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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