Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
While Macy's says a single employee was responsible for the error, accounting and auditing experts told BI it should have ...
Macy's announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report.
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 employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
A former employee of Macy’s has been accused by the retail company of hiding at least $132 million, but potentially as much ...
U.S. stocks climbed Monday as investors cheered President-elect Donald Trump’s choice for Treasury secretary ahead of a ...
While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately ...
During a week that all eyes are on Macy’s the iconic department store chain is making headlines for a reason outside of its ...