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Macy's Q3 results delayed
Macy’s says employee hid up to $154 million in expenses, delaying Q3 earnings
Macy’s reported stronger-than-expected sales for the third quarter and said it’s delaying the release of its full quarterly results after it discovered an employee intentionally hid up to $154 million of expenses over several years.
Macy's Delays Q3 Earnings After Employee Hid up to $154M in Expenses
An internal investigation revealed that a single employee intentionally concealed these expenses over nearly three years.
Macy's Q3 results delayed after employee hides millions in expenses
Macy's M.N on Monday delayed its third-quarter results after finding that an employee hid as much as $154 million in expenses over years, instead issuing preliminary sales figures that fell short of Wall Street expectations.
Q3 Earnings Snapshot
Medicure: Q3 Earnings Snapshot
(MCUJF) on Monday reported earnings of $498,000 in its third quarter. On a per-share basis, the Winnipeg, Manitoba-based company said it had net income of 5 cents. The drugmaker posted revenue of $3.8 million in the period.
Zoom Video: Fiscal Q3 Earnings Snapshot
Zoom Video Communications Inc. (ZM) on Monday reported fiscal third-quarter earnings of $207.1 million. On a per-share basis, the San Jose, California-based company said it had profit of 66 cents. Earnings,
StealthGas: Q3 Earnings Snapshot
(GASS) on Monday reported earnings of $12.1 million in its third quarter. On a per-share basis, the Athens, Greece-based company said it had profit of 33 cents. Earnings, adjusted for stock option expense,
3h
on MSN
Best Buy expected to see improving sales in Q3 as AI products gain demand
Following its Q2 earnings results, the company updated its full-year outlook. It expected revenue to come in between $41.3 ...
7h
Bath & Body Works Surpasses Q3 Estimates, Raises 2025 Outlook
CEO Gina Boswell attributed the company's success to its "agile business model and predominantly U.S.-based supply chain." ...
FiercePharma
20h
Pfizer led industrywide sales surge in Q3 after several quarters of dominance by Eli Lilly, Novo Nordisk
After six straight quarters in which Eli Lilly or Novo Nordisk achieved the highest year-over-year revenue growth among the ...
17h
Putnam Ultra Short Duration Income Fund Q3 2024 Commentary
The Q3 of 2024 saw largely positive absolute returns across fixed income spread sectors, supported by widespread monetary ...
16h
Macy's delays Q3 report on accounting issue, sales misses in preliminary results
The company said it has identified an issue related to delivery expenses in one of its accrual accounts during preparation of ...
16h
on MSN
Nigeria's economic growth quickens to 3.46% y/y in Q3
Nigeria's economy grew 3.46% year on year in the third quarter of 2024, quicker than in the first two quarters of this year, ...
10h
Putnam Strategic Intermediate Municipal Fund Q3 2024 Commentary
Putnam Strategic Intermediate Municipal Fund’s slightly long duration positioning when compared with the benchmark ...
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