The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of ...
Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...
The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
Macy's on Monday delayed its third-quarter results after finding that 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 ...
Macy’s said an employee hid as much as $154 million in delivery expenses over a three-year period, prompting the retailer to ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.