The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as ...
A former employee of Macy’s has been accused by the retail company of hiding at least $132 million, but potentially as much ...
Macy's postponed its Q3 earnings after an investigation revealed that an employee concealed between $132 million and $154 ...
Macy’s third quarter earnings report was scheduled for Tuesday but will be delayed by an internal investigation.
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Macy's was forced to delay reporting its third-quarter earnings after an employee hid up to $154 million in expenses related to delivering small packages. The retailer, which also owns Bloomingdale's ...