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Employee hid upwards of $154M in delivery expenses
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
Macy's: Employee hid upwards of $154M in delivery expenses
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.
Macy's delays results after finding employee hid millions in delivery expenses
Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations.
Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses
Macy's posted preliminary third-quarter results but delayed its full earnings report as it investigates up to $154 million in erroneously reported expenses. The company said it discovered the issue when it was preparing its earnings,
Macy’s employee hid up to $154 million in expenses
The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars in delivery expenses over the last three years.
Macy's Delays Earnings Release As It Investigates An Employee's $154 Million Delivery Expense Fraud
Macy's delayed its earnings release as it investigates an employee's alleged concealment of up to $154 million in delivery expenses over nearly two years. The company emphasized that cash management and vendor payments were unaffected,
Macy's says employee hid up to $154 million in expenses, delays Q3 earnings
Macy's said is it delaying reporting its third-quarter earnings results to complete an independent investigation.
Macy’s uncovers shocking $154M hidden expense scheme
Macy’s, one of the leading retail giants in the United States, has recently made headlines after revealing a significant financial discrepancy.
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Is the post office open on Thanksgiving 2024? Is there mail delivery? Does the mail run?
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Burrito delivery from Uber Eats had marijuana hidden inside, South Jersey police say
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