Estee Lauder 2012 Annual Report Download - page 98

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96
2012 Net Sales
By Distribution
Channel
$706.0 Million
Free Cash Flow
Net Cash Flow From Operations
Less Capital Expenditures
Compound Annual
GrowthRate฀20.7%
(In millions)
Does not represent a measure of the Company’s operating results as defined under U.S. generally accepted accounting principles.
Other 8%
Salon/Spas 4%
Travel Retail 11% 10% Retail Stores
13% Perfumeries
27% International
Department Stores
North American 27%
Department Stores
332.3 416.2 686.1 676.0 706.0
2008 2009 2010 2011 2012