Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal ...

Macy's on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of ...

Shares did recover in late-day trading ... 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 profit and sales declined in the third quarter as the department store chain wrestled with cautious spending amid ...

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 (M) on Wednesday posted its official third quarter results after it concluded an internal investigation into an employee hiding up to $151 million of expenses that led to a delay in reporting.

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 ...

The popular department store chain Macy’s said that an employee allegedly hid between $132 million and $154 million in ...