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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 ...
In addition to developing leadership skills, attending social events, and serving the community, being in a fraternity or sorority is about forging friendships that will last far beyond the college ...
2. 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 ...
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Macy's said that it found an issue with delivery expenses in an accrual account and launched an independent investigation, according to a preliminary report on its third quarter earnings.
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 ...