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Macy's Delays Q3 Earnings
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 “intentionally” hid approximately $154 million of expenses over a few years.
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 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 and instead posted preliminary results in which its sales missed Wall Street expectations.
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Macy's Battles Back: Q3 Gains Marred by $154M Accounting Scandal Ahead of Holiday Season
Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.
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on MSN
Macy's delays Q3 report on accounting issue, sales misses in preliminary results
Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...
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