Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...
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.
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and delayed the release of its quarterly earnings results after discovering an accounting-related issue.
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...
A former employee of Macy’s has been accused by the retail company of hiding at least $132 million, but potentially as much ...
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately ...
The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...
The department store chain had to delay its third quarter financial statements after uncovering 'erroneous accounting accrual ...
The deliberately misleading accounting of expenses since the fourth quarter of 2021 did not disrupt cash management or vendor ...
NEW YORK — Macy's reported weaker-than-expected sales for the third quarter Nov. 25 and said it's delaying the release of its ...
Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.