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shoppers, although the retailer hasdiscounted clearance items. The apparel retailer also said it was conducting astrategic review of its Ruehl chain, whose sales at stores openat least a year declined 34 percent in the quarter. Penney Company, Inc.Investor RelationsPhil Sanchez, orKristin Hays, orMedia RelationsDarcie Brossart, orCorporate Website Business Wire 2009. * Q1 loss 31 cents/shr below St view loss 12 cents/shr Stocks * Q1 revenue down 24 percent * Undertaking strategic review of Ruehl operations * Shares down 7.5 percent before markets open (Adds Reuters Estimates, CEO comment, stock activity,background) NEW YORK, May 15 (Reuters) - Abercrombie & Fitch Co (ANF.N)posted a much bigger-than-expected quarterly net loss ascost-cutting efforts failed to offset a sales decline,HIM and itsshares fell 7.5 percent in premarket trading. 2009 2008 (Dec.) Operating income$106 $248 (57.3)% As a percent of sales2.7 %6.0 %Add/(deduct): Qualified pension plan expense/(income)81 (33 )Operating income excluding qualified pension plan (non-GAAP)$187 $215 (13.0)% As a percent of sales4.8 %5.HIM tickets 2 % The following table reconciles net cash flow from operating activities, the most directly comparable GAAP measure, to free cash flow, a non-GAAP financial measure: 13 weeks ended May 2, May 3,2009 2008Net cash provided by/(used in) operating activities $66$(131)Less:Capital expenditures (156)(269)Dividends paid (89 )(87 )Free cash flow (non-GAAP) $(179) $(487) J C.
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HIM tickets- A Musical Legend is On Tour!
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