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Macy’s Q3 Audit Reveals Employee Hid $154M
The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...
GlobalData on MSN
1 天
Macy’s delays Q3 2024 earnings after employee concealed $154m delivery expenses
The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...
1 天
on MSN
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 ...
Retail Dive
1 天
Macy’s delays full Q3 report over millions in fraudulent expense accounting
Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...
1 天
Macy's delays Q3 earnings report, says employee hid up to $154 million in expenses
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
1 天
on MSN
Macy's Q3 results delayed after employee hides millions in expenses
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
1 天
on MSN
Macy's Stock Slips After Error Leads to Q3 Earnings Delay
Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...
CFO
1 天
Macy’s delays Q3 earnings after accounting employee hid up to $154M in expenses: Trial ...
The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...
1 天
on MSN
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.
Zacks.com on MSN
1 天
Macy's Reports Preliminary Q3 Results, Postpones Earnings Release
Shares of Macy’s M fell 2.2% during the trading session yesterday, as investors digested the news of a delay in fiscal ...
1 天
Why Macy’s delayed its Q3 earnings release
Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...
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