Macy's Delays Q3 Report on Accounting Issue, Sales Misses in Preliminary Results
Macy's on Monday delayed publication of its third-quarter results after discovering an accounting issue related to delivery expenses and instead reported preliminary results in which its sales missed Wall Street expectations.
Thanksgiving Day parade, Macy
The department store chain had to delay its third quarter financial statements after uncovering 'erroneous accounting accrual ...
Macy’s Inc. said it would delay its third-quarter earnings release after an investigation revealed an employee hid more than ...
Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...
Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was ...
The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error ...
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's says it will push back its third-quarter earnings report after discovering an employee "intentionally" hid as much as ...
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 department store chain said it had found the erroneous accounting entries while preparing its results for the third ...
Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.
Shares of Super Micro Computer extend last week’s sharp gains, Snowflake stock is upgraded, and MicroStrategy buys more ...
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