Park Lawn Corporation
The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
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Park Lawn Corporation is expected to release the financial results of their First Quarter 2023 on May 11 — Thursday. Last week, however, we found that Seeking Alpha authors gave an opinion on the company in which they believe “Park Lawn (is) likely to resume EBIDTA and EPS growth in 2023″. The opinion article…
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Park Lawn Corporation (PLC) whose website now states, “is the fastest growing company in the industry in North America”, announced last week that they have moved into the states of Iowa and Nebraska with the acquisition of Meyer Brothers Funeral Homes. Meyer Brothers Funeral Homes has, among their five locations, locations in…
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Park Lawn Corporation (PLC) released their 2022 4th Quarter and 2022 Year-End reports last week. In doing so they announced that their Revenue numbers for both the quarter and the year increased while their Net Earnings decreased in comparison to the 2021 4th Quarter and 2021 Year-End. You can see the press…
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We will end this week with news of another acquisition in the Death Care space. This press release from earlier this week announced Park Lawn Corporation’s definitive agreement to acquire Kansas City metro area based businesses that include substantially all of the assets of Carson-Speaks Chapel in Independence, Missouri; Speaks Buckner Chapel in Buckner,…
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It was announced in a recent press release that you can access here that funeral home and cemetery operator Park Lawn Corporation (PLC) has made another acquisition in the greater Kansas City market. Just this week they have announced that they have acquired substantially all of the assets of the aptly named Park Lawn Funeral…
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As we move into the final month of the calendar year it seems like no one has the financial markets figured out. In a year of rising inflation and rising interest rates, raised with the intention of curbing the inflation, the stock market indices have looked confused as to whether the worst is past or…
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In a press release made public on the heels of the company’s 3rd Quarter report, Park Lawn Corporation (PLC), with headquarters in Houston, Texas, and Toronto, Ontario, announced that they had acquired the Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park, and Bustard & Jacoby Funerals, Cremation, Monuments and Receptions of Cheyenne and…
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The 3rd Quarter of 2022 has shown a trend of less deaths than the comparable 3rd Quarter of 2021. As a matter of fact, as you can see from this report from the Center for Disease Control (CDC), provisional deaths for 3Q 2022 numbered 751,497 as compared to 874,495 in the same quarter of 2021. …
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Just yesterday we learned that Park Lawn Corporation announced the acquisition of the assets of Muehlebach Funeral Care, Skradski-Pierce Funeral Home, and Assurance Cremation Society. All are located in Kansas City, Missouri. The acquisition of the three firms will add approximately 627 calls and $616,000 in adjusted EBITDA annually to Park Lawn Corporation’s financial…
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