Macy's says employee hid up to $154M in expenses, delays Q3 earnings

  • 📰 KSLcom
  • ⏱ Reading Time:
  • 26 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 56%
  • Publisher: 51%

News Nachrichten

Traffic,Weather,Sports

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.

<p>NEW YORK — Macy's reported weaker-than-expected sales for the third quarter and said it's delaying the release of its full quarterly results after it discovered an employee intentionally hid up

 An independent investigation and forensic analysis found that a single employee with responsibility for small package delivery expense accounting intentionally made erroneous accounting accrual entries to hide roughly $132&#x

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 549. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Macy’s investigates after employee hid up to $154 million in expenses, company saysMacy’s said is it delaying reporting its third-quarter earnings results to complete an independent investigation.
Herkunft: aldotcom - 🏆 82. / 68 Weiterlesen »

Macy's says employee hid up to $154 million in expenses, delays Q3 earningsMacy’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
Herkunft: ABC - 🏆 471. / 51 Weiterlesen »

Macy's says employee hid up to $154 million in expenses, delays Q3 earningsMacy’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.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

Macy's says employee hid up to $154 million in expenses, delays Q3 earningsMacy’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.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »