Investigation Reveals Loan Wolf Ex-Employee Cost Macy’s $151 Million
Department store chain Macy’s has been forced to slash its annual profit outlook after discovering that an employee concealed ...
Macy's gives update on employee who hid $151M
Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and ...
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Macy's is claiming a lack of serious impact after an independent investigation determined that an employee had hid $151 ...
Macy's confirms rogue employee hid $151 million in expenses over three years
A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy's ...
Macy’s tightens financial controls after employee covered up what became a $151 million mistake
Macy’s profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...
Macy's says internal control not effective after employee made entries to hide $154 mln
Macy's said on Thursday a re-evaluation of its financials showed that the department store chain's internal control, ...
Here’s what one employee hiding money is doing to Macy’s stock and profit view
Macy’s cut its full-year earnings outlook, after making adjustments to reflect the impact of misstated delivery expenses.
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
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Here’s how a Macy’s employee hid more than $150M worth of expenses
Macy’s said it has concluded its investigation into an employee who intentionally hid more than $150 million in expenses.