cemetery business
Matthews International, an international conglomerate which serves the death care industry with memorial products, reported their January through March 2022 financial numbers last week. Because they choose to report on a Fiscal Year that begins on October 1 each year, this report is considered their 2022 2nd Quarter Report. You can access a copy of…
Read More
When you read this it will already be May 2022 and we will be two-thirds of the way into the 2nd Quarter of most company’s 2022 business year. As a matter of fact, the reports of January thru March have already started to roll out as Matthews International provided us information on the January thru…
Read More
Over last weekend while doing some research I stumbled across this article on Matthews International. As you may know Matthews is the parent company of Aurora Caskets and Matthews Cremation. What you maybe don’t know is that they are a world-wide conglomerate who is making a big bet on the electric car market with a…
Read More
The markets were closed on Good Friday and we thought that might be an appropriate time to take a look at how the stocks that comprise the Funeral Director Daily Death Care Index (DCI) have been doing in relation to each other and in relation to the stock market as a whole since the beginning…
Read More
Security National Financial Corporation (SNFC), the Utah based multi-pronged company with divisions in funeral homes and cemeteries and also with its insurance division involved in preneed insurance, had its full-year after-tax earnings drop from $55.5 million in 2020 to $39,5 million in 2021. It’s Earnings before taxes also dropped about $20 million for the three…
Read More
As has become our custom, in an effort that our readers don’t miss the most popular stories published on Funeral Director Daily, we re-cap them in this format for you. This month those stories include a look back in time at the Tri-State Crematory incident as well as a look right here in the present…
Read More
Funeral service company Service Corporation International (SCI), the largest owner of funeral homes in North America announced their 4th Quarter 2021 and 2021 Year-end results earlier this week. You can see a press release of the entire announcement here. Here’s how SCI’s CEO Thomas Ryan summed up the 4th Quarter of 2021 for the company,…
Read More
Matthews International, the parent company of Aurora Caskets and Matthews Cremation products reported their 1st Quarter 2022 financial results last week. It should be noted that Matthews fiscal year begins in October so these results are for the October thru December 2021 period. Of interest to us at Funeral Director Daily are the results of…
Read More
If you had any money in the stock market during 2021 it would have been hard not to grow your investment cache. During the 2021 calendar year the three indices most commonly referred to as a bellwether of the markets, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500 were up…
Read More
A New Hampshire community has again delayed – until at least Spring 2022 – the decision on an ordinance to allow “Green Burials” in two city owned cemeteries. The City Manager of Lebanon City, New Hampshire, Shaun Mulholland, was quoted in this article from Valley News as saying, “This has gone on for two years…
Read More
