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 · 3h

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.

Newsweek on MSN · 19h

Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses

Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed up to $154 million in delivery expenses over nearly three years. The department store chain announced Monday that the issue,

20hon MSN

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

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

16hon 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 ...

20hon 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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