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Macy’s employee hid up to $154M in expenses
Macy’s employee hid up to $154 million in expenses
The retail giant delayed the results of its third quarter earnings after discovering that an employee hid millions of dollars in delivery expenses over the last three years.
Macy's: Employee hid upwards of $154M in delivery expenses
Macy's announced an employee has "hid" up to $154 million, prompting the U.S. department store chain to delay the release of its third-quarter earnings report.
Macy’s Discovers Employee Hid Millions in Delivery Expenses
The department store chain said it had found the erroneous accounting entries while preparing its results for the third quarter.
1d
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 ...
1d
on 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
on MSN
Macy's says employee hid up to $154 million in expenses since 2021
Macy's said a former employee concealed up to $154 million in delivery expenses over the course of nearly three years.
The Business Journals
1d
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 ...
1d
on MSN
Macy’s says employee hid as much as $154 million in expenses
Macy’s said an employee hid as much as $154 million in delivery expenses over a three-year period, prompting the retailer to ...
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