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An ex-employee is accused of hiding expenses totaling as much as $154 million ... The discovery forced Macy's to delay its quarterly earnings report and conference call with investors, the ...
Nov. 26 (UPI) --Macy's announced that an employee "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report. The iconic U.S ...
During that time period, Macy’s announced $4.36 billion in delivery expenses. The fraudulent accounting did not affect daily business, according to the company. In a preliminary report Monday ...
Company officials said its quarterly report for the third part of the year was delayed after it was discovered a single employee hid up to $154 million in expenses over several years, The ...
Macy’s said it would delay its third-quarter earnings release after an investigation revealed an employee hid more than $100 million of expenses ... its earnings report and hold a call with ...
By Jordyn Holman and Danielle Kaye Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years ...
A news release from the HBCU in Raleigh said it has reduced expenses by $17 million this fiscal year by cutting half of the university’s employees, including 67 staff positions, 37 full-time ...