Matthews International

Making today a “Finance Day” at Funeral Director Daily

By Funeral Director Daily / March 26, 2024 /

    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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Matthews International First Quarter 2024 Earnings Call highlights

By Funeral Director Daily / February 12, 2024 /

  On February 1, 2024, Matthews International reported its 1st Quarter 2024 results.  We reported on that on February 5 with this article.  A day later they had an earnings call with investment advisors and today we bring you some quotes from that call.  You can access the entire transcript of the 1Q 2024 Earnings…

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Matthews reports 1Q 2024 — Sales flat, EBITDA and Profit declines

By Funeral Director Daily / February 5, 2024 /

    Matthews International, the conglomerate company with their largest portion of sales in Death Care, or what they call their Memorialization Segment, reported gross sales for their First Fiscal Quarter (October thru December 2023) of 2024 coming in at $450 million as compared to $449.2 million for the same period one year ago.  …

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Matthews International and the “Call to the Hall”

By Funeral Director Daily / February 2, 2024 /

  I’m a baseball fan and if you are a baseball player there is nothing so crowning to one’s career as what is termed as the “Call to The Hall”.  That phrase is known in baseball circles as what happens when an incredible talented player, coach, or other baseball executive is notified by the Baseball…

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Seeking Alpha author suggests that Matthews Memorialization Segment could be “spun off”

By Funeral Director Daily / December 8, 2023 /

      It’s Friday and going into the weekend it’s always nice to have something to think about. . . . How about this for today. .   This article from Seeking Alpha looks at the past fiscal year for Matthews International and uses that information as well as what they gleaned from the…

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Have investors lost faith in Death Care?

By Funeral Director Daily / December 4, 2023 /

  If you are an investor — and with IRA’s and 401K plans virtually everyone is in today’s world — the month of November 2023 gave you reason for optimism.   After a couple of sluggish years of investor equity growth there now seems to be a light at the end of the tunnel with…

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Matthews Memorialization segment reports 4Q of lower sales, improved EBITDA

By Funeral Director Daily / November 27, 2023 /

Here’s what Matthews International CEO Joseph C . Bartolacci had to say in this prepared press release about the company’s 4th Quarter (reflecting an October 1 Fiscal Year beginning) operations of their Memorial segment, “The Memorialization segment also performed well again in the fiscal 2023 fourth quarter, completing a very good year. Despite the continued…

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Matthews International. . . its history and its business

By Funeral Director Daily / October 23, 2023 /

A recent article in Smart Business Pittsburgh magazine featured the Death Care conglomerate Matthews International.  Matthews is known in Death Care from Matthews Memorialization which includes the ability to supply to funeral homes and cemeteries products such as caskets, cremation equipment, and cemetery markers among a host of products.   The article, which you can…

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Matthews International: Seeking Alpha opines on stock price “There is still a little life left”

By Funeral Director Daily / August 21, 2023 /

      Death care company Matthews International has had quite a stock run up so far in 2023.  And, this August 2, 2023, article from Seeking Alpha seems to say there is still room to move up for the company.  The article, entitled, Matthews International:  The easy money has been made, but there is…

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Matthews CEO Bartolacci: “This is a different business than it was just 3 years ago”

By Funeral Director Daily / July 31, 2023 /

  Matthews International, parent company of Aurora Casket and Matthews Cremation, reported their 3rd Quarter 2023 results and 9-Month results for 2023 last week.  I think the overriding take on that report is that Matthews International has continued their growing revenue spurt moved mostly by their recent entrance into the energy storage solutions business.  …

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