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Macy’s employee hid up to $154M in expenses

Macy's says an employee hid as much as $154 million in expenses

The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.

Hosted on MSN · 7h

Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years.

New York Post on MSN · 9h

A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?

While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our

16hon MSN

Macy's says an employee hid up to $154 million in expenses

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

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Macy's Thanksgiving Day Parade Boss Takes Us Behind the Scenes of This Year's Spectacle

So how will this work? Coss: So [Macy's Studios employee Matt's] doing all the programming right now, and that'll live on ...

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