Macy’s Inc. said it would delay its third-quarter earnings release after an investigation revealed an employee hid more than ...
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...
Macy’s reported stronger-than-expected sales recently, adding the discovery of an employee who intentionally hid up to $154 ...
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
The person is no longer employed by the company, and it is unknown what the person's motivations were for hiding the expenses.
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
Macy's disclosed Monday that an employee had hidden up to $154 million in expenses through false accounting entries over more than three years.
Wall Street experienced significant gains on Monday as investors reacted positively to President-elect Donald Trumps ...
In the stock market, Bath & Body Works jumped 19.1% after delivering stronger profit for the latest quarter than analysts ...