Shares of Macy’s M fell 2.2% during the trading session yesterday, as investors digested the news of a delay in fiscal ...
The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...
Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over three years.
Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...
Macy’s disclosed yesterday that an employee had hidden up to US$154 million (RM687 million) in expenses through false accounting entries over more than ...
The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...
The individual responsible is no longer with the company, and no other employees were implicated. Macy’s now expects to ...
Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...
The retailer said Monday that it identified an issue related to delivery expenses in one of its accrual accounts earlier this ...
Macy’s, Inc. has reported its preliminary financial results for the third quarter of 2024, revealing some notable highlights and changes compared to the same period in 2023.
Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...