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Macy's Delays Q3 Earnings

Rolling Out · 32m

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.

Newsweek on MSN · 23h

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,

CBC Online 1380 KCIM · 6h

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.

14hon 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 ...

1don 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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