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 M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee ...

Macy’s has delayed its Q3 results after discovering an employee hid millions of dollars of expenses for nearly three years.

Shares of Macy’s M fell 2.2% during the trading session yesterday, as investors digested the news of a delay in fiscal ...

Originally set on Nov. 26, Macy ( NYSE:M) postponed its Q3 earnings report claiming an accounting problem affecting delivery ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...