Macy’s delayed its Q3 results after discovering an employee hid $132M-$154M in delivery expenses over three years.

It found a single employee had intentionally hid up to $154 million in delivery expenses, and it needs more time to complete ...

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 posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in ...

While Macy's says a single employee was responsible for the error, accounting and auditing experts told BI it should have ...

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and delayed the release of its quarterly earnings results after discovering an accounting-related issue.

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

A former employee of Macy’s has been accused by the retail company of hiding at least $132 million, but potentially as much ...

U.S. stocks climbed Monday as investors cheered President-elect Donald Trump’s choice for Treasury secretary ahead of a ...

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...

The department store chain said it had found the erroneous accounting entries while preparing its results for the third ...