PLC

Seeking Alpha publishes mutltiple articles on Park Lawn Corporation

By Funeral Director Daily / December 21, 2023 /

  Earlier this week I mentioned in an article that I believe that 2024 could see major merger and acquisition moves in the Death Care space.  First of all, I opined that there is a lot of private equity dollars sitting on the sidelines and I coupled that with the fact that I seem to…

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Seeking Alpha gives positive review of Park Lawn Corporation

By Funeral Director Daily / October 11, 2023 /

    In an article that was published on October 1, and I’ll remind our readers that was before Park Lawn Corporation (PLC) had publicly withdrawn its $34 per share offer for Carriage Services, Seeking Alpha authors gave a positive review of Park Lawn Corporation.   The article, which you can read here is entitled,…

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Park Lawn Corporation discussed in Seeking Alpha article

By Funeral Director Daily / September 20, 2023 /

  Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward.  In my 35 years of owning and operating a funeral home I tried to…

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Park Lawn moves into Iowa and Nebraska with recent acquisition

By Funeral Director Daily / March 24, 2023 /

    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 announces another acquisition

By Funeral Director Daily / October 13, 2022 /

  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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It’s a common theme — Park Lawn reports higher sales, lower margins in 2Q 2022 report

By Funeral Director Daily / August 15, 2022 /

Park Lawn Corporation (PLC) reported their financial results for the 2nd Quarter of 2022 (April thru June) last week and their report was like many others we have seen  — higher revenues, lower margins.  You can see the press release here. For the quarter PLC reported Net Revenue of $75.9 million as compared to last…

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Park Lawn makes earning season splash with large aquisition

By Funeral Director Daily / August 4, 2022 /

Park Lawn Corporation announced yesterday in this press release that they have acquired substantially all of the assets of the Schackelford Corporation based in Western Tennessee.  The Schackelford Corporation encompasses a fifth-generation company that has served Western Tennessee for 90 years.  According to the press release the acquisition includes eight stand-alone funeral homes, two stand-alone…

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Park Lawn Corp sees increased revenue and earnings despite call volume dip

By Funeral Director Daily / May 19, 2022 /

Last week Park Lawn Corporation (PLC) announced their 1st Quarter of 2022 earnings results.  For the period ended on March 31, 2022, the company increased their revenue 17.5% to $83.1 million as compared to the 1Q of 2021 when they reported $70.5 million in revenue.  The company also reported Net Earnings of $8.7 million in…

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Park Lawn adds Mississippi operations

By Funeral Director Daily / March 31, 2022 /

A press release from Park Lawn Corporation dated March 30, 2022, announced the acquisition of Chancellor Funeral Home and Garden of Memories located in Byram and Florence, Mississippi. You can access the press release here. The acquisition includes one stand-alone funeral home and one combination funeral home and cemetery operation.  The press release also states…

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Park Lawn Corporation reports Year End 2021 — Revenues grow, Acquisitions total $125 million, tell of 5-year aspirations

By Funeral Director Daily / March 8, 2022 /

Park Lawn Corporation (PLC) the public company whose website tells of the company owning and operating 138 funeral homes and 135 cemeteries located in 16 states and 3 Canadian provinces, reported their 4th Quarter and Year End 2021 results last week.  And, like other public companies they were able to report success in almost all…

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