cremation business
It took awhile, but Security National Financial Corporation (SNFC) finally got around to posting the results of the company’s 2023 year just last week. And, there is no doubt that SNFC’s Memorial Segment was one of the highlights of that report as that segment reported 10% revenue growth and 38% Earnings before Taxes growth…
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The American economy keeps spending, yet we hear that families are getting squeezed by the combination of high prices and high interest rates. We also hear that high interest rates don’t seem to be stopping the consumer which in turn would put a turn-down on the economy making a reason for lowering interest…
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While I was researching this morning’s article on the most recent financial performance of Propel Funeral Partners I was made aware that the people of Seeking Alpha had written some opinion pieces on North American Death Care companies within the past month. Without any opinion or other action I present them to the…
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Kansas United States Senator Jerry Moran recently testified at a United States Senate Veterans Affairs Committee meeting that “When mourning a death the last thing a grieving family needs is some bureaucratic hurdle or some substandard support.” That comment came in response to the information provided, according to this article, that “there…
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If you are an independent funeral home owner you know it is not all about just being a great funeral director and/or embalmer anymore. You need to be a solid business-person and understand how the revenue you take in for your services moves to the bottom line as profits without getting gobbled up…
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Back in 2017 when I served on the board of the University of Minnesota I had a hand in the hiring of new Head Football Coach P.J. Fleck. Coach Fleck is still there and has had some success coaching in the Big Ten. Outside of the improvement of our team, I have…
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I’ve talked about the book, Megatrends, by John Naisbitt before. It was published in 1982 and sold 14 million copies and after reading it about the time it was written, its “Social Forecasting”, and my belief in that concept, played a major role in building my funeral business and other businesses I…
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Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the comparable quarter and year. They…
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As you get older and older time seems to move faster and faster. For those of us who were in the business back in 2013 we saw the acquisition of Stewart Enterprises, then the 2nd largest funeral home and cemetery operator in the country, being acquired by the largest operator, Service Coporation International.…
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American funeral home and cemetery operator Carriage Services recently shared the results of their 4th Quarter and Year-End financials with the public. In doing so, and in spite of a continuing COVID “pull forward” impact resulting in modest declines in funeral contract volume experienced during the year, the company reported total 2023 revenues 3.3%…
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