macy hid delivery expenses news - Search News

Macy’s employee hid up to $154M in expenses

Macy's says an employee hid as much as $154 million in expenses

The employee "intentionally made erroneous accounting accrual entries" to hide millions of dollars, Macy's said. The error forced the company to delay reporting its third quarter results.

Intelligencer on MSN · 15h

How Did One Macy’s Employee Hide $154 Million?

The retailer’s surprise announcement that one employee concealed a fortune leaves a lot of unanswered questions.

Hosted on MSN · 6h

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,

News Nation on MSN12h

Macy’s say employee hid up to $154 million in expenses

A Macy's employee allegedly hid up to $154 million by making erroneous accounting accrual entries, according to the company.

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

WASHINGTON — Macy's reported weaker ... with responsibility for small package delivery expense accounting intentionally ...

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