Macy's says internal control not effective after employee made entries to hide $154 million

Macy's reported ineffective financial controls due to hidden expenses, prompting changes and a delay in third-quarter results.

Macy's warns of 'material weakness' in internal control, cuts outlook; stock falls

Macy’s revealed internal control weaknesses, adjusted profit forecasts, and reported third-quarter financial results, leading to a 10% share drop amid restructuring and cost-cutting measures.

Macy's, Krispy Kreme, Dave & Buster's fall premarket; GameStop rises

US stock futures are steady as investors await inflation data. Key movers include Macy's, Krispy Kreme, Alphabet, and GameStop, reflecting various challenges and developments.

Macy's cuts annual profit view as weak demand overshadows holiday sales

Macy's cuts profit forecast, shares drop 10%. Weak demand and delivery expense issues impact holiday season expectations. Company plans store closures and relies on luxury outlets.

Macy's, Tesla and Workday rise premarket; Nvidia, AMD fall

US stock futures opened lower ahead of inflation data; notable stock movements include Macy’s, Tesla, Nvidia, AMD, Nokia, Workday, Apollo, and Interpublic Group.

Macy's stock leaps on report activist investor pushing for changes

Activist investor Barington Capital pushes for strategic changes at Macy's, including a real estate division, lower capital expenditures, stock buybacks, and board representation.

Activist investor Barington Capital urges Macy's to cut spending, WSJ reports

Barington Capital has taken a stake in Macy's, urging cost cuts and real estate separation as shares rise amid upcoming quarterly results.

Weather permitting, UPS, FedEx poised for on-time US holiday gift deliveries

US Black Friday spending at stores inches ahead as Americans spend more online

Inflation drives bargain hunt among Black Friday shoppers