Macy's Employee Hid $151 Million In Costs Over Several Years
Macy's Employee Hid $151 Million In Costs Over Several Years
While Macy's terminated the employee responsible, the company stated the individual did not gain financially from the misconduct, WSJ reports.Macy's Inc. (NYSE:M) revealed the findings of its investigation into a significant accounting mishap that impacted its financial reporting over several years.
梅西百货公司（纽交所：M）公布了对其财务报告中影响多年的重大会计失误的调查结果。
The inquiry determined that a single employee's repeated errors and subsequent coverup led to $151 million in falsely recorded expenses, The Wall Street Journal reports.
调查确定，一名员工的重复错误和随后的掩盖导致了15100万美元的虚假记录费用，《华尔街日报》报道。
What Happened: The discrepancies, which stemmed from understated small package delivery expenses starting in late 2021, were perpetuated by intentional erroneous entries and falsified documentation. This manipulation concealed the true costs until its discovery in the fall of 2024.
发生了什么：这些差异来源于自2021年底以来低估的小包裹运输费用，且通过故意错误的条目和伪造的文件得以延续。这种操控掩盖了真实成本，直到2024年秋季才被发现。
While Macy's terminated the employee responsible, the company stated the individual did not gain financially from the misconduct, WSJ reports.
虽然梅西百货解雇了负责的员工，但公司表示该个人并未因不当行为获得经济利益，《华尔街日报》报道。
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Why It Matters: The timing of the investigation and its fallout couldn't be more critical, given the holiday shopping season's importance to retail. With net sales declining by 2.4% to $4.7 billion for the recent quarter, the company is striving to rebuild investor trust and refocus on operational improvements.
为何这很重要：考虑到假日购物季对零售业的重要性，调查及其后果的时机显得尤为关键。最近一个季度，净销售额下降了2.4%，降至47亿美元，公司正努力重建投资者的信任，并重新关注运营改进。
On Wednesday, the company announced adjusted earnings per share for the third quarter that still managed to beat expectations despite the scandal, coming in at $0.04 versus a consensus of $0.03. Macy's highlighted sales strength at its first 50 locations, Bloomingdale's and Bluemercury, partially offsetting broader declines.
周三，公司宣布第三季度调整后的每股收益尽管在丑闻中仍超出预期，达到了0.04美元，而市场共识为0.03美元。梅西百货强调其前50个门店、Bloomingdale's和Bluemercury的销售表现较强，部分抵消了更广泛的下滑。
According to The Journal, CEO Tony Spring emphasized the need to "strengthen existing controls" to prevent future errors of this magnitude.
根据《华尔街日报》的报道，首席执行官托尼·斯普林强调需要"加强现有控制措施"，以防止未来发生类似规模的错误。
Macy's also announced plans to close 65 stores this year, surpassing its initial estimate of 55, and raised $66 million through asset sales during the quarter. Despite these measures, activist investors continue to pressure the retailer to unlock more value, including considering a real estate spinoff.
梅西百货还宣布计划在今年关闭65家门店，超过最初评估的55家，并在本季度通过资产出售筹集了6600万美元。尽管采取了这些措施，激进投资者仍然继续向这家零售商施压，要求其释放更多价值，包括考虑拆分房地产业。
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Photo: Shutterstock
图片：Shutterstock
