{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-050691","form_type":"8-K","ticker":"M","cik":"0000794367","company_name":"Macy's, Inc.","filed_at":"2024-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.035312+00:00","generated_at":"2026-05-29T04:56:26.011504+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Macy's Q3 GAAP EPS $0.10, adjusted $0.04; material weakness found after employee hid $151M expenses","bullets":["Net sales $4.7B (-2.4% YoY); comparable sales down 1.3% on owned+licensed+marketplace basis.","GAAP diluted EPS $0.10 vs $0.15 prior year; adjusted diluted EPS $0.04 vs $0.21 prior year.","Single employee intentionally hid ~$151M delivery expenses from Q4 2021 to Q3 2024; no material impact on prior financials.","Material weakness in internal controls over delivery expenses identified; prior internal control reports no longer reliable.","FY 2024 guidance lowered: net sales $22.3-$22.5B, adjusted EPS $2.25-$2.50 (from $2.55-$2.90)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-050691","json":"https://secwatch.observer/filing/0001628280-24-050691.json","markdown":"https://secwatch.observer/filing/0001628280-24-050691.md","text":"https://secwatch.observer/filing/0001628280-24-050691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794367/000162828024050691/0001628280-24-050691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794367/000162828024050691/n-20241211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T04:56:26.011504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}