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

<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

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: aldotcom - 🏆 82. / 68 Lire la suite »

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
La source: ABC - 🏆 471. / 51 Lire la suite »

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.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

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.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »