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Macy’s employee hid up to $154M in expenses
Macy's: Employee hid upwards of $154M in delivery expenses
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.
Macy's says 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 forced the company to delay reporting its third-quarter results.
Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in erroneously reported expenses. The company said it discovered the issue when it was preparing its earnings,
1d
on MSN
Macy’s says employee hid as much as $154 million in expenses
Macy’s said an employee hid as much as $154 million in delivery expenses over a three-year period, prompting the retailer to ...
4h
Macy’s employee hid up to $154 million in expenses
The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars ...
1d
on MSN
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.
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