Macy's employee who hid $151 million in delivery expenses was trying to mask initial mistake, sources say
Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...
Macy's offers a mixed outlook after reporting third quarter profit and sales declines
Macy’s is tightening financial accounting measures after completing a probe of a rogue employee who hid $151 million in delivery expenses over a span of nearly three years ...
Washington Times7d
Macy’s third-quarter profit and sales slide and so does its shares
Comparable store sales fell 1.3%, better than the decline of 3.3% during the previous quarter. Macy’s stores had a 2.2% comparable sales decline while Bloomingdale’s had a 2% increase.
Macy's Financial Woes Continue as Shares, Profit and Sales Slump
Macy's financial woes continue with the company reporting a notable dip in third-quarter profits and sales, reflecting a consumer trend toward prioritizing essentials like groceries over discretionary ...
Yahoo Finance5d
Macy's Q3 Earnings Miss Estimates, Comparable Sales Decline Y/Y
The metric represented 0.9% of sales, up 20 basis points from the year-ago quarter. Comps across Macy’s declined 3% year over year on an owned basis and 2.2% on an owned-plus-licensed-plus ...
Hartford Courant7d
Macy’s third quarter profit and sales slide and so do its shares
Comparable store sales fell 1.3%, better than the decline of 3.3% during the previous quarter. Macy’s stores had a 2.2% comparable sales decline while Bloomingdale’s had a 2% increase.