cemetery business
Matthews International, the Pittsburgh based tri-partite conglomerate with the largest percentage of their sales in what they refer to as their “Memorialization Segment” saw an increase in total sales and Memorialization Segment sales for their 2021 Fiscal Year. As you can see from this 4th Quarter (July, August, September) and Year End report sales in…
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StoneMor Inc., the Pennsylvania cemetery/funeral home consolidator and operator reported their 3rd Quarter results for 2021 earlier this week. In a prepared statement, company CEO Joe Redling stated, “The third quarter continued to build on the positive performance trends of the past year and half, with top-line revenue growth of 13.2% and 19.2% for the…
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Writing on “Death Care” gives me very wide latitude. There’s a lot to it — and it’s not only about funerals and cremations, funeral homes and crematories, cemeteries and burials, but there is the finances of the industry, the manufacturing of the industry, the mortuary training of the profession, and all of the interesting people…
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Publicly traded funeral home and cemetery operator Park Lawn Corporation (PLC) released their 3rd Quarter 2021 results last week and CEO Brad Green said this in a prepared press release statement, “The third quarter exceeded our expectations, especially given the continued decline of COVID-19 deaths served by our businesses. Despite this, we saw an increase…
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The World Series has been played for the past two weeks and I’m a baseball fan. . . and former little league coach. I’m “Old School” and don’t particularly like the “data-driven” strategy decisions used in today’s game of baseball. I like the past when you watched a hitter’s feet move to determine if they…
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Service Corporation International (SCI), the largest funeral home and cemetery operator in North America reported their 3rd Quarter 2021 financial results on Wednesday. You can see them for yourself here. Here’s some of what Tom Ryan, Service Corporation’s CEO said of the 3Q 2021 results, “Today we are reporting another strong quarter with earnings .…
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Security National Financial Corporation of Utah revealed their 2nd Quarter 2021 financial numbers earlier this month. Total revenues for the entire company were actually down about 2% overall as their Mortgage Division saw an overall 8% decline in revenues as compared to the same quarter of 2020. However, the company’s Life Insurance division, which included…
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If you have followed my articles for any length of time you know that I enjoy business and the many facets that enter into being a profitable company. I like to think I know the funeral home business pretty well as I operated my own funeral home for 33 years creating budgets that lead to…
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StoneMor, Inc. the Pennsylvania based operator of cemeteries and funeral homes last week announced a partnership with end-of-life technology support start-up Empathy. Empathy is, as they say, powered by technology and driven by purpose in helping grieving families handle countless tasks following the death of a loved one. The company describes itself as “a service…
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President James Monroe was one of the founding father’s of American history and from 1817 to 1825 he served as the country’s 5th President. It was during his presidency that David Ross began building coffins in the Shanksville, Pennsylvania, area. The legacy of that business, the Deaner Funeral Home recently celebrated its 200th year of…
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