macy's q3 news - Search News

Macy's Q3 results delayed

The Associated Press on MSN · 46m

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

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

Newsweek on MSN · 5h

Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses

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

Macy’s delays full Q3 report over millions in fraudulent expense accounting

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

2h

Macy's Delays Q3 Earnings Report Amid Investigation Over $154M Accounting Scandal; Stock Dips

Macy’s Inc. (NYSE:M) shares are trading lower premarket on Monday after the company delayed its earnings release and ...

9hon MSN

Macy's delays Q3 report on accounting issue, expects weaker sales

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

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