Macy’s delays posting of third-quarter results due to accounting issue, expects weaker sales
- Posted on November 25, 2024
- By The Globe and Mail
- 1 Views
Macy’s delays posting of third-quarter results due to accounting issue, expects weaker sales
A single employee ‘intentionally made erroneous accounting accrual entries’ to hide about $132-million to $154-million of delivery expenses from the fourth quarter of 2021 through third quarter of 2024, Macy’s said
