Macy’s Delays Results After Finding Employee Hid Millions in Delivery Expenses

A single employee “intentionally” made wrong accounting entries to hide about $132 million to $154 million of delivery expenses between the fourth quarter of 2021 through third quarter of 2024, Macy’s said.

Macy’s Delays Results After Finding Employee Hid Millions in Delivery Expenses
A single employee “intentionally” made wrong accounting entries to hide about $132 million to $154 million of delivery expenses between the fourth quarter of 2021 through third quarter of 2024, Macy’s said.

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