An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees ...

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

A single employee "intentionally" made wrong accounting entries to hide about $132 million to $154 million of delivery ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...

Macy's cites erroneous accounting accrual entries and delays Q3 results. The retailer's preliminary third-quarter sales ...

Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...