sci
Service Corporation International (SCI) sometimes takes shots from others in the industry simply because of their size. Being the largest in any business category simply makes you an easy target. Being the largest also means you need great leadership to get on top and eventually stay there. SCI reported record revenues and earnings in the…
Read MoreService Corporation International (SCI) 3rd Quarter 2020 revenue jumped almost 20% (19.37% actual) over the same period from 2019. In a statement issued yesterday, October 28, here is what SCI’s President and CEO Tom Ryan said of the results: ” . . . the impact of COVID-19 has increased the number of funeral services performed…
Read MoreIf you watched the stock market last week you would see that it bounced around a little bit. That happens all the time dependent on world events and the business environment, but also four times per year we get in a period where public companies report the business results for the past three month period. …
Read MoreLast week Vrishali Bagree of Zacks presented an article that appeared on Nasdaq.com. It was entitled “Rising demand keeps funeral industry going: Four stocks to watch”. You can read that article here. In essence the article tells that the Zacks Funeral Services industry is housed within the broader Zacks Consumer Staples sector. According to the…
Read MoreI came across this recent article from Seed Investor entitled “Solace co-founder David Odusanya on the impact of COVID-19”. The article intrigued me, not because of the COVID-19 fact, but because I knew that Solace was the company founded in Portland, Oregon, by two Nike executives to enter the low-cost direct cremation market. According to…
Read MoreTo our readers: Before we get into our feature article of the day I want to apologize to readers who did not receive distributed copies of Funeral Director Daily last Wednesday and Thursday. Unfortunately, we ran into issues where we simply outgrew our former distributor of Funeral Director Daily emails, Twitter, and Facebook postings. The…
Read MoreIn this day and age it seems that when you are reading a newspaper or watching television for the news, it is not only enough to read or watch, but you may find it necessary to know the political persuasion of the entity presenting the news to get an accurate read on it. You have…
Read MoreThe 2nd Quarter of 2020, that period that encompasses the months of April, May, and June, was looked at as a quarter which would produce financial results that would be unique, maybe in the entire last century, simply because it was the first 3-month period of the COVID-19 pandemic. As the United States went into…
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