There is no better way to prepare for the Macy's Thanksgiving Day Parade than with the Macy's Delayed Earnings Release.
Get the full story (plus plenty of speculation) about how Macy's failed to catch an employee who "intentionally made erroneous accounting accrual entries to hide approximately $132 to $154 million" over 3 years.
What was the motive? Was the employee really acting alone? If so, why?
As always, we ask (and answer) the eternal question: 𝓦𝓱𝓮𝓻𝓮 𝔀𝓮𝓻𝓮 𝓽𝓱𝓮 𝓪𝓾𝓭𝓲𝓽𝓸𝓻𝓼?
