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Macy's Delays Q3 Earnings
Macy’s uncovers shocking $154M hidden expense scheme
Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant financial discrepancy.
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
Macy's Inc. has delayed its third-quarter earnings release after discovering that a single employee intentionally concealed up to $154 million in delivery expenses over nearly three years. The department store chain announced Monday that the issue,
Macy’s finds that employee hid $154 million in expenses, Q3 earning report is delayed
Iconic retailer Macy’s announced Monday that it would delay its full third-quarter earnings report because of an employee hiding up to $154 million in expenses, which sent its stock plummeting in early trading.
14h
on MSN
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 ...
1d
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, ...
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