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

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

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

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, Inc. has reported its preliminary financial results for the third quarter of 2024, revealing some notable highlights and changes compared to the same period in 2023.

An independent investigation and forensic analysis found that a single employee hid roughly $132 million to $154 million of ...

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

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

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

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...