sci

Seeking Alpha on the Coronavirus and SCI

By Funeral Director Daily / March 3, 2020 /

Yesterday I received an opinion article from Seeking Alpha entitled, “The Cornovirus’ Potential Impact on Service Corporation International’s Stock Price”.  I will say that I do not have a personal opinion on this article but make it available simply because it is a public article on the virus and its potential impact on funeral services,…

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An update on some recent articles. . . .bus casket, SCI buildings

By Funeral Director Daily / February 24, 2020 /

Just last week we wrote of a Minnesota funeral director who had taken the time, effort, and expense to customize a casket to look like a school bus for one of the beloved citizens of his community.  That person, who drove a school bus in the small community for 55 years, recently died and his…

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Carriage Services reports 4th Quarter and Year End 2019

By Funeral Director Daily / February 24, 2020 /

  Last week funeral service and cemetery consolidator and operator Carriage Services, based in Houston, Texas, reported 4th Quarter and Year End results for 2019.  They also provided commentary on how they believe that the company will move in the next three years.  I will provide some factual information in this report but also my…

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Park Lawn CEO Andrew Clark announces departure

By Funeral Director Daily / February 19, 2020 /

Members of the death care media were informed yesterday via press release that the CEO and Chairman of Toronto based Park Lawn Corporation (PLC), Andrew Clark, would be stepping down as Chairman and CEO of the company.  You can read the press release here. The release quoted Clark as saying, “It has been a tremendous…

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SCI reports 4th Qtr and Year End numbers

By Funeral Director Daily / February 18, 2020 /

Even though yesterday was the President’s Day holiday and the markets were closed across America, Service Corporation International took the opportunity to report their financial numbers for the 4th Quarter of 2019 and also for the Year End 2019.  We will just report some of the numbers today and after we have a chance to…

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Chinese funeral directors working 24/7

By Funeral Director Daily / February 5, 2020 /

Simply because this is happening in real time we thought we would link our readers to an article that appeared in the Epoch Times yesterday relating to an interview with a funeral director in Wuhan, China, and the work he has been doing, because of the coronavirus,  over the past week. A Mr. Yun is…

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Park Lawn Corporation completes acquisition

By Funeral Director Daily / February 3, 2020 /

Last Friday the Park Lawn Corporation, headquartered in Toronto, issued this press release which confirms that they have completed an  acquisition announced earlier in the year.  The press release tells of the completion of the Nashville, Tennessee area acquisition which includes Family Legacy, LLC, a business with 12 locations.  The acquisition also includes the membership…

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SCI lists another iconic chapel for sale

By Funeral Director Daily / January 27, 2020 /

Not so long ago we told you in this article about Service Corporation International (SCI) closing and selling the historic designated landmark H.M. Patterson & Son Chapel in Atlanta, Georgia.  That chapel had served for 91 years as the flagship chapel for H.M. Patterson in the Atlanta area. We recently learned that SCI has listed…

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Public funeral home companies and 2019

By Funeral Director Daily / January 13, 2020 /

I will preface this article to say that it is being written on Friday, January 10.  Because of that all prices quoted come from the end of the day on Thursday, January 9.  I will also say I am not a stock security analyst and all opinions are mine alone.  Finally, I do own stock…

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Landmark SCI chapel to close today

By Funeral Director Daily / January 10, 2020 /

According to this article from the Atlanta Journal-Constitution, the 91-year old H.M. Patterson and Son Spring Hill Chapel in Midtown will be closing at the end of business today – Friday, January 10.  The funeral business and its adjacent gardens, which had reached “Landmark Status” was purchased by a developer in December. The new owners,…

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