Macy's announced a delay in its fiscal third-quarter earnings report to December 11 as it investigates an employee's misconduct that hid $132 to $154 million in delivery expenses over nearly three years. The forensic investigation found that the employee mismanaged accounting entries related to small package deliveries, although there was no impact on cash management or vendor payments. Preliminary results show a 2.4% decline in sales to $4.74 billion. The company emphasizes its commitment to ethical conduct while focusing on its holiday strategy.