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

New York Post · 19h

A Macy’s employee ‘hid’ up to $154M in expenses over three years — but why?

While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our

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.

CNN on MSN · 22h

Macy’s found a single employee hid up to $154 million worth of expenses

Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had planned to release Tuesday.

The Business Journals18h

Macy’s says employee hid as much as $154M in expenses

Macy’s is delaying its third-quarter earnings release and conference call because of an employee’s intentional accounting ...

1don MSN

Macy's says an employee hid up to $154 million in expenses

Macy's delays its quarterly earnings report after discovering that an accounting unit employee concealed delivery expenses.

1d

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 ...

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