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Macy's Delays Q3 Earnings

Macy’s Q3 Audit Reveals Employee Hid $154M

The department store company Macy’s delayed its complete quarterly results release after finding out one of their employees “intentionally” hid approximately $154 million of expenses over a few years.

Seeking Alpha · 2d

Macy's: What Next, After An Incomplete Q3 Report?

Macy's latest challenge linked to internal accounting irregularities is not overbearing, but does not reflect well. Read my analysis of M's preliminary report.

Newsweek on MSN · 4d

Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses

An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.

1d

How Macy’s worker hid up to $154 million in fake expenses

The retail giant announced a delay in its third-quarter earnings report, postponing the release from November 26 to December ...

4d

Macy's Battles Back: Q3 Gains Marred by $154M Accounting Scandal Ahead of Holiday Season

Early sales growth sparks hope, but a $154M bookkeeping fiasco leaves investors uneasy ahead of December's full report.

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