Due to employees underreporting delivery fees, Macy's (M.US) has lowered its full-year profit guidance.

Macy's announced its latest performance on Wednesday and lowered its full-year profit forecast after concluding an investigation into an employee who deliberately concealed millions of dollars in expenses.

Zhitong FinanceDec 11 20:56

Macy's Continues to Face Challenges Versus Peers, Potentially Leading to Steady Share Losses, UBS Says

MT Newswires03:49

Macy's Analysts Remain Cautious After Q3 Earnings: 'Visibility Limited In The Near Term'

Benzinga00:36

Macy's in Need to Prove It Can Apply Capital-Light Changes -- Market Talk

WSJ00:19

Guggenheim Reiterates Neutral on Macy'sto Neutral

BenzingaDec 12 23:34

Macy's Analyst Ratings

BenzingaDec 12 23:33 · Ratings