The retailer delayed its quarterly results after it said an employee hid delivery expenses over several years, prompting an ...
The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
US department store Macy's has said a rogue staffer concealed more than $130m (£103m) in company costs over roughly three ...
The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Over some three years over which the inaccurate financial reporting took place, Macy's incurred $4.36 billion in delivery ...
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.