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 M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

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

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.

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

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

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 ...