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

Hosted on MSN · 1h

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 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.

New York Post · 12h

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

18hon 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.

7hon MSN

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

Macy’s says it’s delaying the release of its fiscal third-quarter earnings results after it discovered an up to $154 million ...

18hon MSN

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

Macy’s said an accounting employee hid as much as $154 million in delivery expenses over a three-year period, prompting the ...

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