An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my ...
The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...
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 shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...
Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for nearly three years.
Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...