Consumer
Discretionary
Stock Presentation
Ziwei An | Jonathan Conley | Ryan Bayonnet
Overview
Sector Recap | Stock Overview
Sector Recap
SIM
8.42%
Underweight 4.24%
S&P 500
12.66%
MATERIALS
3.17%
UTILITIES
3.05%
INDUSTRIALS
10.31%
FINANCIALS
16.28%
CONS
STAPLES
9.76%
TELECOM
SERV
2.32%
MATERIALS
2.58%
CONS
DISCRET
12.66%
ENERGY
8.07%
HEALTH CARE
14.79%
INFO TECH
19.59%
UTILITIES
0.00%
INDUSTRIALS
8.05%
FINANCIALS
19.32%
CONS
STAPLES
9.08%
TELECOM
CONS
DISCRET
8.42%
CASH & DIV
REC & NA
4.42%
ENERGY
7.26%
HEALTH CARE
15.27%
INFO TECH
22.70%
Stock Overview
Current
Weight in SIM
Fund
Current
Price
Target
Price
Return
Potential
Recommendation
Company Name
Ticker
Comcast Corporation
CMCSA
188bps
$58.42
$62.27
6.59%
HOLD
DirecTV
DTV
232bps
$87.43
$94.09
7.61%
HOLD
199bps
$62.16
$67.73
8.96%
HOLD
64bps
$27.28
$29.25
7.22%
HOLD
Michael Kors Holdings Limited KORS
Service Corp International
SCI
Fossil, Inc.
FOSL
0bps
$81.53
$78.90
-7.0%
HOLD
Harley Davidson
HOG
0bps
$61.77
$73.67
19.3%
BUY
Ralph & Lauren Corporation
RL
0bps
$136.95
$140.83
2.84%
HOLD
DIRECTV(DTV)
HOLD | Target Price: $94.09
Current Price: $87.43
% Upside: 7.61%
Key Drivers
• AT&T Acquisition of DirecTV
• Strong Customer Satisfaction
• Expansion into International Markets
Risks
• DirecTV- AT&T Merger could fail to materialize due to the FCC blocking
the merger
• Conflicts between DirecTV and AT&T culture leading to key talent leaving
the company
• Reputational risk and fees resulting from current legal proceedings
• Failure to keep up with technology
• Foreign exchange uncertainty with the dollar appreciating against most
currencies
• Threat of losing subscribers to online video providers such as Hulu or
Netflix
Financial Data – Five Year Trailing
52-Week Range
Market Cap
Shares Outstanding
1-Yr Total Return
Dividend Yield
Beta
EPS(TTM)
P/E
ROA
Operating Margin
Profit Margin
$75.50-$89.46
$43.96B
502.8M
14.47%
N/A
1.25
5.40
16.19
14.46%
16.47%
8.29%
Multiples Analysis
Multiples
DIRECTV
CMCSA
DISH
CABLEVISION
AT&T
7.46
8.39
13.46
7.67
8.35
P/CF
13.12
19.95
29.97
10.36
14.1
P/S
1.32
2.17
2.42
0.82
1.35
P/E
16.19
19.79
44.19
19.12
14.3
EV/EBITDA
Multiples
Current
Target Multiple
Target / Current
Expected EPS
Target Price
P/E
16.19
17.3
1.069
6.23
93.46
P/B
N/A
N/A
N/A
N/A
P/S
1.32
1.65
1.25
109.29
7.5
8
1.067
98.68
P/EBITDA
Average of Target Prices
Upside Potential over Current Stock Price ($58.42)
98.68
+12.87%
DCF- DTV
Sensitivity Analysis
Harley Davidson (HOG)
BUY | Target Price: $73.67
Current Price: $61.77
% Upside: 19.3%
DCF- HOG
Michael Kors
Holdings Limited(KORS)
HOLD | Target Price: $67.73
Current Price: $62.16
% Upside: 8.96%
Key Driver
• Strong Brand Recognition
• Expansion in Product Categories
• Expansion into International Market
Risks
• Lag of Responding to Changing Fashion in a Timely Manner
• Risks Associated With Operating in Global Markets
• Apparel, Accessories & Luxury Goods Industry Is Heavily
Influenced by Macroeconomic Cycle
Financial Data
52-Week Range
Market Cap
Shares
Outstanding
1-Yr Total Return
Dividend Yield
Beta
EPS(TTM)
P/E
ROE
Gross Margin
Profit Margin
$63.21-$98.96
12.7B
200.8M
-29.20%
N.A
1.33
4.17
15.19
45.53%
60.86%
23.10%
Trailing 12M KORS (White) Vs. SPX (Green)
DCF Valuation
(In thousands)
Year
Terminal Discount Rate =
11.00%
Terminal FCF Growth =5.00%
2015E
2016E
2017E
2018E
2019E
2020E
2021E
2022E
2023E
2024E
2025E
Revenue
% Growth
4,538,610
5,606,122
23.52%
6,308,050
12.52%
6,938,855
10.00%
7,632,741
10.00%
8,396,015
10.00%
9,235,617
10.00%
10,159,178
10.00%
10,667,137
5.00%
11,200,494
5.00%
11,760,519
5.00%
Operating Income
Operating Margin
1,296,996
28.58%
1,436,470
25.62%
1,241,186
19.68%
1,387,771
20.00%
1,526,548
20.00%
1,679,203
20.00%
1,847,123
20.00%
2,438,203
24.00%
2,560,113
24.00%
2,688,119
24.00%
2,822,524
24.00%
Interest
Interest % of Sales
(1,362)
-0.03%
(1,682)
-0.03%
(1,892)
-0.03%
(2,082)
-0.03%
(2,290)
-0.03%
(2,519)
-0.03%
(2,771)
-0.03%
(3,048)
-0.03%
(3,200)
-0.03%
(3,360)
-0.03%
(3,528)
-0.03%
Taxes
Tax Rate
453,367
35.00%
502,071
35.00%
433,648
35.00%
484,991
35.00%
533,490
35.00%
586,839
35.00%
645,523
35.00%
852,304
35.00%
843,781
33.00%
885,970
33.00%
930,269
33.00%
Net Income
% Growth
841,968
932,418
10.74%
805,346
-13.63%
900,698
11.84%
990,768
10.00%
1,089,845
10.00%
1,198,829
10.00%
1,582,851
32.03%
1,713,132
8.23%
1,798,788
5.00%
1,888,728
5.00%
108,473
2.39%
(231,965)
-5.11%
226,931
5.00%
131,744
2.35%
(197,810)
-3.53%
280,306
5.00%
145,085
2.30%
(130,067)
-2.06%
315,403
5.00%
159,594
2.30%
(143,074)
-2.06%
346,943
5.00%
175,553
2.30%
(157,381)
-2.06%
381,637
5.00%
193,108
2.30%
(173,120)
-2.06%
209,900
2.50%
212,419
2.30%
(190,431)
-2.06%
230,890
2.50%
233,661
2.30%
(209,475)
-2.06%
253,979
2.50%
245,344
2.30%
(219,948)
-2.06%
266,678
2.50%
257,611
2.30%
(230,946)
-2.06%
257,611
2.30%
270,492
2.30%
(242,493)
-2.06%
270,492
2.30%
491,545
586,045
19.23%
504,961
-13.84%
570,275
12.93%
627,303
10.00%
899,933
43.46%
989,926
10.00%
1,353,058
36.68%
1,471,849
8.78%
1,567,842
6.52%
1,646,234
5.00%
Add Depreciation/Amort
% of Sales
Plus/(minus) Changes WC
% of Sales
Subtract Cap Ex
Capex % of sales
Free Cash Flow
% Growth
DCF Valuation
5,314,405
34.37%
NPV of terminal value
10,146,119
65.63%
Projected Equity Value
15,460,524 100.00%
Free Cash Flow Yield
3.68134%
Current P/E
15.86
14.32
16.58
Projected P/E
18.36
16.58
19.20
8.82
7.91
8.94
10.32
9.25
10.46
Current EV/EBITDA
Projected EV/EBITDA
Shares Outstanding
Current Price
Implied equity
value/share
Upside/(Downside) to
DCF
210,638
$63.39
$73.40
Terminal Value
28,809,103
Free Cash Yield
5.71%
Terminal P/E
Terminal
EV/EBITDA
15.25
9.01
Terminal Discounted Rate
73.40 10.25% 10.50% 10.75% 11.00% 11.25% 11.50% 11.75%
Terminal Growth Rate
NPV of Cash Flows
Sensitivity Analysis from
DCF Valuation
4.25%
77.05
73.58
70.38
67.42
64.68
62.13
59.75
4.50%
79.52
75.81
72.40
69.26
66.35
63.66
61.16
4.75%
82.21
78.23
74.59
71.25
68.16
65.31
62.67
5.00%
85.17
80.88
76.97
73.40
70.11
67.09
64.29
5.25%
88.41
83.78
79.57
75.74
72.23
69.00
66.03
5.50%
92.00
86.97
82.42
78.29
74.53
71.08
67.92
5.75%
95.99
90.49
85.55
81.09
77.04
73.34
69.96
15.79%
DCF Target Price: $73.40
Multiple Valuation
P/E
P/B
P/S EV/EBITDA
P/CF
15.19
5.92
3.07
8.59
15.07
14.51
3.82
2.68
11.32
17.54
31.06
16.63
23.95
4.64
4.58
6.44
3.92
2.56
3.14
14.48
10.46
12.98
28.8
11.47
16.64
RALPH LAUREN CORP
PVH CORP
16.42
14.15
2.89
2.03
1.57
1.08
8.14
15.41
11.5
11.29
Range of Multiples
Minimum
Average
Median
Maximum
P/E
14.15
18.84
16.42
31.06
P/B
2.03
4.33
4.58
6.44
P/S
1.08
2.57
2.68
3.92
EV/EBITDA
8.14
11.63
11.32
15.41
P/CF
11.29
16.04
15.07
28.80
Book Value Per
EPS(TTM)
Share(MRQ)
$4.17
$10.70
Sales Per
Share(TTM)
$20.68
MICHAEL KORS HOLDINGS
LVMH MOET HENNESSY
LOU
PRADA S.P.A.
COACH INC
BURBERRY GROUP PLC
KORS Data
Price Range
Minimum
Average
Median
Maximum
P/E
$59.01
$78.58
$68.47
$129.52
P/B
$21.72
$46.35
$49.01
$68.91
P/S
$22.33
$53.24
$55.42
$81.07
EBITDA Per Cash Flow Per
Share(TTM)
Share(TTM)
6.74
$4.21
EV/EBITDA
$54.86
$78.36
$76.30
$103.86
P/CF
$47.53
$67.55
$63.44
$121.25
Football Chart
P/CF
EV/EBITDA
P/S
P/B
P/E
$0.00
$20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00
Relative Valuation Price Range: $59.01-$68.91
Ralph & Lauren(RL)
Year
Revenue
% Growth
Operating Income
Operating Margin
Interest
Interest % of Sales
Taxes
Tax Rate
Net Income
% Growth
Add Depreciation/Amort
% of Sales
Plus/(minus) Changes WC
% of Sales
Subtract Cap Ex
Capex % of sales
Free Cash Flow
% Growth
2015E
7,753
1,056
13.62%
(2)
-0.03%
326
31.00%
725
264
3.40%
(64)
-0.83%
349
4.50%
576
2016E
8,002
3.22%
1,018
12.72%
(2)
-0.03%
314
31.00%
699
-3.63%
272
3.40%
(47)
-0.59%
360
4.50%
564
-2.12%
NPV of Cash Flows
NPV of terminal value
Projected Equity Value
Free Cash Flow Yield
4,928
7,888
12,816
4.57079%
38.45%
61.55%
100.00%
Current P/E
Projected P/E
Current EV/EBITDA
Projected EV/EBITDA
17.37
17.67
9.28
9.45
18.03
18.33
9.50
9.66
Shares Outstanding
Current Price
Implied equity value/share
Upside/(Downside) to DCF
$
$
91.0
136.95
140.83
2.84%
2017E
8,276
3.42%
1,135
13.72%
(2)
-0.03%
345
31.00%
768
9.86%
281
3.40%
(52)
-0.63%
372
4.50%
625
10.88%
2018E
8,607
4.00%
1,192
13.85%
(3)
-0.03%
369
31.00%
821
6.87%
293
3.40%
(54)
-0.63%
387
4.50%
672
7.53%
2019E
8,951
4.00%
1,240
13.85%
(3)
-0.03%
383
31.00%
854
4.00%
269
3.00%
(56)
-0.63%
269
3.00%
797
18.65%
2020E
9,354
4.50%
1,296
13.85%
(3)
-0.03%
388
30.00%
905
6.01%
281
3.00%
(59)
-0.63%
281
3.00%
846
6.12%
16.41
16.69
8.65
8.80
Terminal Discount Rate =
Terminal FCF Growth =
9.75%
4.25%
2021E
9,775
4.50%
1,357
13.88%
(3)
-0.03%
406
30.00%
948
4.73%
293
3.00%
(61)
-0.63%
293
3.00%
886
4.74%
2022E
10,215
4.50%
1,418
13.88%
(3)
-0.03%
424
30.00%
990
4.50%
306
3.00%
(64)
-0.63%
306
3.00%
926
4.50%
2023E
10,674
4.50%
1,482
13.88%
(3)
-0.03%
444
30.00%
1,035
4.50%
267
2.50%
(64)
-0.60%
267
2.50%
971
4.80%
2024E
11,128
4.25%
1,545
13.88%
(3)
-0.03%
462
30.00%
1,079
4.25%
278
2.50%
(67)
-0.60%
278
2.50%
1,012
4.25%
2025E
11,601
4.25%
1,610
13.88%
(3)
-0.03%
482
30.00%
1,125
4.25%
290
2.50%
(70)
-0.60%
290
2.50%
1,055
4.25%
Terminal Value
19,999
Free Cash Yield
5.28%
Terminal P/E
17.78
Terminal EV/EBITDA
10.34
SERVICE CORP
INTERNATIONAL(SCI)
HOLD | Target Price: $29.25
Current Price: $27.28
% Upside: 7.2%
Financial Data
52-Week Range
Market Cap
$18.52-$27.35
5,581.7M
Shares Outstanding
204.6M
1-Yr Total Return
Dividend Yield
Beta
EPS(TTM)
P/E
ROE
Gross Margin
Profit Margin
Bloomberg 12M
Target Price
46.98%
1.47%
0.8
0.27
101.13
12.2%
22.60%
2.0%
$29.25
Trailing 12M Stock Price of SCI(White) Vs. SPX (Green)
COMCAST
CORPORATION(CMCSA)
HOLD| Target Price: $62.27
Current Price: $58.23
% Upside: 6.59%
Key Drivers
• Time Warner Cable: Possible Merger
• Comcast Cable
• NBCUniversal
Risks
• Comcast Cable: pressure from satellite & internet providers
• Regulation: Operations and TWC merger
• Net Neutrality Violations
• Increasing Content Cost
Financial Data – Five Year Trailing
52-Week Range
Market Cap
Shares Outstanding
1-Yr Total Return
Dividend Yield
Beta
EPS(TTM)
P/E
ROE
Gross Margin
Profit Margin
$47.74-$60.70
$151.07B
2.54B
17.22%
1.7%
0.94
3.2
18.27
16.12%
12.19%
23.10%
CMCSA vs. Consumer Discretionary and S&P500
Multiples Analysis
Multiples
CMCSA
DIRECTV
DISH
CABLEVISION
AT&T
EV/EBITDA
8.39
7.46
13.46
7.67
8.35
P/CF
19.95
13.12
29.97
10.36
14.1
P/S
2.17
1.32
2.42
0.82
1.35
P/E
19.79
14.57
44.19
19.12
14.3
Multiples
Current
Target Multiple
Target / Current
Expected EPS
Target Price
P/E
19.97
20
1.002
2.94
60.00
P/B
2.73
2.5
0.916
51.48
P/S
2.17
22
1.014
55.00
P/EBITDA
8.39
9.4
1.12
54.52
Average of Target Prices
55.25
Upside Potential over Current Stock Price ($58.42)
-5%
Discounted Cash Flow
Terminal Discount Rate =
Year
Revenue
% Growth
Operating Income
Operating Margin
11.0%
FY2015
$ 70,838
3.0%
$ 15,596
2.9%
Interest
Interest % of Sales
Taxes
Tax Rate
Net Income
% Growth
Add Depreciation/Amort
% of Sales
$ (2,664) $ (2,704) $
1.8%
1.5%
$ (3,100) $ (3,569) $
29.0%
29.0%
$ 7,589 $ 8,738 $
9.0%
$ 6,394 $ 6,458 $
9.0%
8.8%
Plus/(minus) Changes WC
% of Sales
Subtract Cap Ex
Capex % of sales
Free Cash Flow
% Growth
(1,243)
-1.8%
FY2016
$ 73,672
4.0%
$ 17,172
3.0%
(1,330)
-1.8%
FY2017
$ 76,987
5.0%
$ 19,207
3.1%
Terminal Growth =
FY2018
$ 80,836
4.5%
$ 21,806
3.0%
3.00%
FY2019
$ 84,474
4.5%
$ 22,460
3.0%
(2,745)
1.5%
(4,167)
29.0%
10,202
9.0%
6,529
8.5%
$ (2,786) $
1.5%
$ (4,924) $
29.0%
$ 12,056 $
9.0%
$ 6,607 $
8.2%
(1,593)
-2.1%
(1,541)
-1.9%
$ (8,681) $ (10,244) $ (12,395)
-12.3%
-13.9%
-16.1%
4,058
3,622
2,742
-10.7%
-24.3%
FY2020
$ 88,275
4.5%
$ 23,134
3.0%
(2,828) $
1.5%
(6,352) $
29.0%
13,141 $
9.0%
6,938 $
5.0%
$ (1,566)
1.6%
FY2021
$ 92,248
4.5%
$ 23,828
3.0%
FY2022
$ 95,938
4.0%
$ 24,543
3.0%
FY2023
FY2024
$ 98,816 $ 101,780
3.0%
3.0%
$ 25,279 $
26,037
3.0%
3.0%
(2,870) $ (2,913) $ (2,957) $ (3,001) $
(3,046)
1.5%
1.5%
1.5%
1.5%
1.5%
(8,194) $ (10,571) $ (13,636) $ (17,591) $ (22,692)
29.0%
29.0%
29.0%
29.0%
29.0%
14,337 $ 15,756 $ 17,284 $ 18,840 $
20,535
9.1%
9.9%
9.7%
9.0%
9.0%
7,250 $ 7,540 $ 7,766 $ 7,921 $
7,921
4.5%
4.0%
3.0%
2.0%
0.0%
$ (1,591)
1.6%
$ (1,616)
1.6%
$ (1,642)
1.6%
$ (1,669) $
1.6%
(1,695)
1.6%
$ (15,122) $ (13,308) $ (11,711) $ (10,305)
-18.7%
-12.0%
-12.0%
-12.0%
$ 1,999 $ 5,205 $ 8,285 $ 11,374
-27.1%
160.3%
59.2%
37.3%
$ (9,069)
-12.0%
$ 14,339
26.1%
$ (7,981) $
-12.0%
$ 17,112 $
19.3%
(7,023)
-12.0%
19,739
15.3%
Comcast Corporation (CMCSA)
Termial FCF
Growth
NPV of Cash Flows
NPV of terminal value
Projected Equity Value
Free Cash Flow Yield
Current P/E
Projected P/E
Current EV/EBITDA
Projected EV/EBITDA
Shares Outstanding
Current Price
Implied equity value/share
Upside/(Downside) to DCF
Debt
42,778
122,406
165,184
2.69%
19.9
21.8
10.6
11.3
2,580
$ 58.42
$ 64.02
9.6%
82,334
$ 64.02
2.0%
2.5%
3.0%
3.5%
4.0%
$
$
$
$
$
26%
74%
100%
17.2
18.9
9.9
10.5
14.8
16.2
9.1
9.6
12.5
13.7
8.2
8.7
Terminal Discount Rate
9.0% 10.0% 11.0% 12.0%
79.69 $ 67.66 $ 58.34 $ 50.94
84.70 $ 71.26 $ 61.02 $ 52.98
90.55 $ 75.37 $ 64.02 $ 55.24
97.46 $ 80.11 $ 67.43 $ 57.78
105.76 $ 85.65 $ 71.33 $ 60.63
$
$
$
$
$
Terminal Value
$ 254,134
Free Cash Yield
Terminal P/E
7.77%
12.4
Terminal EV/EBITDA
11.3
13.0%
44.92
46.51
48.26
50.20
52.35
Conclusion
• Current Price: $58.42
• Multiples Price: $55.25
• DCF Price: $64.02
• Weighted Price (80/20): $62.27
• Hold
• Target Price: 6.59% upside
Fossil, Inc. (FOSL)
Terminal Discount Rate =
FY2015
$ 3,458,503
3.0%
$
669,328
3.1%
$
9,837
1.5%
12.0%
FY2016
$ 3,562,258
3.0%
$ 733,547
3.0%
$
9,984
1.5%
FY2017
$ 3,669,126
3.0%
$ 801,380
2.9%
$
10,164
1.8%
FY2018
$ 3,834,237
4.5%
$ 825,422
3.0%
$
10,316
1.5%
Terminal Growth =
FY2019
$ 4,006,777
4.5%
$ 850,184
3.0%
$
10,471
1.5%
3.00%
FY2020
$ 4,187,082
4.5%
$ 875,690
3.0%
$
10,628
1.5%
FY2021
$ 4,354,566
4.0%
$ 901,961
3.0%
$
10,788
1.5%
FY2022
$ 4,485,203
3.0%
$ 929,019
3.0%
$
10,949
1.5%
FY2023
$ 4,619,759
3.0%
$ 956,890
3.0%
$
11,114
1.5%
$
(179,827)
26.9%
$
486,292
10.5%
$ (196,987)
26.9%
$ 533,350
3.0%
$ (215,174)
26.9%
$ 582,932
3.0%
0.0%
(92,184)
-2.7%
0.0%
(95,841)
-2.7%
0.0%
(101,800)
-2.8%
$ (273,056)
26.9%
$ 600,420
3.0%
$
5.0%
$ (100,172)
-1.6%
$ (346,508)
26.9%
$ 618,433
3.0%
$
4.5%
$ (98,569)
-1.6%
$ (439,718)
26.9%
$ 636,986
3.0%
$
4.0%
$ (96,992)
-1.6%
$ (558,002)
26.9%
$ 656,095
3.0%
$
3.0%
$ (95,440)
-1.6%
$ (708,105)
26.9%
$ 675,778
3.0%
$
2.0%
$ (93,913)
-1.6%
$ (898,585)
26.9%
$ 696,052
3.0%
$
0.0%
$ (92,410)
-1.6%
$ (165,890)
-4.7%
271,620
7.1%
$ (194,091)
-5.3%
$ 287,041
5.7%
$ (188,268)
-3.0%
$ 311,981
8.7%
$ (182,620)
-3.0%
$ 337,244
8.1%
$ (177,141)
-3.0%
$ 362,853
7.6%
$ (171,827)
-3.0%
$ 388,828
7.2%
$ (166,672)
-3.0%
$ 415,193
6.8%
$ (161,672)
-3.0%
$ 441,969
6.4%
1,742,161
(140,584)
-4.1%
253,523
11.4%
43%
2,288,024
4,030,185
57%
100%
Terminal Value
$ 5,058,092
Free Cash Yield
8.74%
Year
Revenue
% Growth
Operating Income
Operating Margin
Interest
Interest % of Sales
FY2014
$ 3,357,770
3.0%
$ 599,418
3.0%
$
9,691
1.5%
Taxes
Tax Rate
Net Income
% Growth
Add Depreciation/Amort
% of Sales
Plus/(minus) Changes WC
% of Sales
$ (161,122)
26.9%
$ 435,063
Subtract Cap Ex
Capex % of sales
Free Cash Flow
% Growth
NPV of Cash Flows
$ (116,185)
-3.5%
227,599
0.0%
(91,279)
-2.7%
NPV of terminal value
Projected Equity Value
Free Cash Flow Yield
5.25%
Current P/E
Projected P/E
Current EV/EBITDA
Projected EV/EBITDA
Shares Outstanding
Current Price
Implied equity value/share
$
10.0
9.3
8.9
8.3
8.1
7.6
7.4
6.9
Terminal P/E
7.3
8.0
7.5
7.2
6.8
6.6
6.2
6.0
5.6
Terminal EV/EBITDA
6.9
51,080
$
$
81.53
78.90 Downside to DCF
-7.0%
Recommendation
Recommendation
Target
Price
Current
Weight in SIM
Fund
Recommended
Weight
Company Name
Ticker
Current
Price
Comcast Corporation
CMCSA
$58.42
$62.27
188bps
276bps
DirecTV
DTV
$87.43
$94.09
232bps
332bps
Michael Kors Holdings Limited KORS
$62.16
$67.73
199bps
199bps
Service Corp International
SCI
$27.28
$29.25
64bps
0bps
Fossil, Inc.
FOSL
$81.53
$78.90
0bps
0bps
Harley Davidson
HOG
$61.77
$73.67
0bps
200bps
Ralph & Lauren Corporation
RL
$136.95
$140.83
0bps
0bps
Thank You!