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

Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly ...

Macy's shares moved lower Monday morning after the retailer unexpectedly posted preliminary results for the third quarter, ...

Macy's on Monday delayed the publication of its third-quarter results due to an accounting issue tied to delivery expenses ...

The company said the employee no longer works for Macy's, and that the person's actions did not affect its cash management ...

Starting in 2021 an employee hid $132 million to $154 million in delivery expenses, a disclosure overshadowing an otherwise ...

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

Macy's on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses ...

Macy's on Monday delayed its Q3 earnings release as it conducts an internal investigation into an employee hiding hundred of ...

Macy's announced a delay in releasing its full quarterly results after discovering that an employee intentionally hid $132 ...

The company said that a single employee "intentionally" made incorrect accounting entries from the fourth quarter of 2021 (Q4 ...

The retailer said the funds were not stolen, vendor payments were unaffected and the individual responsible is no longer with ...