Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings
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 delays Q3 report on accounting issue, expects weaker sales
Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...
Macy's: What Next, After An Incomplete Q3 Report?
Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my ...
Providence Place Macy’s up for sale as mall hits financial troubles
Providence Place Mall’s Macy’s store is up for sale while the chain evaluates the potential real estate value and the ...
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's delays results after finding employee hid millions in delivery expenses
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
What’s happening with Macy’s? Stock down, earnings and sales data delayed, employee accused of fraudulent accounting
The department store chain said on Monday that it is investigating an employee who allegedly concealed tens of millions of ...
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's Q3 Net Sales, Comps Down; To Delay Earnings Report; Stock Down In Pre-market
Department store chain Macy's Inc. (M) on Monday reported that its third-quarter net sales decreased 2.4 percent from last year to ...
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.
Macy’s Says Employee Allegedly Hid Up to $154 Million in Expenses Since 2021
The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...
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5 Black Friday Scams to Watch Out For
Black Friday is the day when most of us have bargains on our minds, but for some, it's one of the biggest days of the year to profit from scams. Thieves come out of the woodwork to capitalize on ...