Macy's has announced a delay in its Q3 2024 financial results due to an accounting issue involving an employee who allegedly ...
Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over three years.
Macy’s has delayed its third quarter results after discovering that one of its employees hid nearly 132 million dollars to ...
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...
Originally set on Nov. 26, Macy ( NYSE:M) postponed its Q3 earnings report claiming an accounting problem affecting delivery ...
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 ...
The deliberately misleading accounting of expenses since the fourth quarter of 2021 did not disrupt cash management or vendor ...
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.