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Macy's delays Q3 earnings due to accounting issues, reports sales drop, causing stock to fall.
Macy's has delayed its third-quarter earnings report due to an accounting issue related to delivery expenses.
The company also reported a 2.4% drop in net sales to $4.74 billion, missing analyst forecasts.
This delay comes amid an investigation into a potential $154 million accounting issue, leading to a drop in Macy's stock.
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Los retrasos de Macy Q3 ganancias debido a problemas de contabilidad, informes de caída de ventas, causando la caída de las acciones.