5 Things to Know About Macy's $100 Million Accounting Issue

A Macy's employee intentionally hid up to $154 million in delivery expenses over the past three years. Investors have a lot of questions.

Rogue employee at Macy's intentionally ‘hid' up to $154M in expenses

“While we work diligently to complete the investigation as soon as practicable and ensure this matter is handled appropriately, our colleagues across the company are focused on serving our customer...

Macy's Says Accounting Employee Hid Up to $154 Million in Delivery Expenses

The retailer delayed its quarterly results after it said an employee hid up to $154 million in delivery expenses over several years, prompting an investigation.

Macy's Stock Slips After Error Leads to Q3 Earnings Delay

Macy's (M) shares moved lower Monday morning after the retailer said its official third-quarter results would be delayed so that an independent investigation into an accounting issue can be completed.

Macy's (M) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

Beyond analysts' top -and-bottom-line estimates for Macy's (M), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ...

Macy's (M) Stock Dips While Market Gains: Key Facts

Macy's (M) closed the most recent trading day at $15.26, moving -1.48% from the previous trading session.

Bloomingdale's CEO on Consumer Trends Ahead of the Holidays

Bloomingdale's CEO Olivier Bron discusses consumer spending trends ahead of the holiday season, the company's growth strategy and the broader retail landscape with Scarlet Fu and Romaine Bostick on...

Macy's (M) Falls More Steeply Than Broader Market: What Investors Need to Know

In the most recent trading session, Macy's (M) closed at $15.08, indicating a -1.69% shift from the previous trading day.

Macy's (M) Stock Drops Despite Market Gains: Important Facts to Note

In the most recent trading session, Macy's (M) closed at $15.27, indicating a -0.46% shift from the previous trading day.

Q3 Net Income up 24% to US$120 Million and Lease Revenue up 15% to US$677 Million

DUBLIN--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, announces results for the third quarter (‘Q3') of 2024. 2024 THIRD QUARTER | FINANCIAL HIGHLIGHTS Income Statement (US$M)...

Macy's, Inc. Board of Directors Declares Quarterly Dividend

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. Board of Directors Declares Quarterly Dividend.

Macy's: Slimming Down Its Store Base To Restore Growth

Macy's is closing 150 stores by the end of 2026 and rolling out new initiatives in its remaining stores. The First 50 locations to see these new initiatives have outperformed Macy's other stores. M...

Myriad to Accelerate Option on Initial 50% of Copper Mountain

Vancouver, British Columbia--(Newsfile Corp. - October 21, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company"), which holds an earnable 75% interest in the C...

Macy's Announces the Opening of the Fourth Bloomie's Store

Macy's is set to celebrate the grand opening of Bloomie's on Nov. 14, 2024, introducing an exclusive all-women's assortment to the Central Jersey community.

Myriad Uranium Closes Private Placement

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it has closed the f...


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