Service Corporation International
Service 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 MoreAmong the articles that we feature in today’s Afternoon Edition is a press release from the Unum Company. Unum, an insurance company, says in this release that the coronavirus pandemic has changed insurance needs of families. The results of their survey indicated that 41% of Americans say that the pandemic has changed the way that…
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 MoreI was talking to a colleague about a recent funeral home acquisition and asking what he thought of the transaction. His comment startled me in that he said, “I hope they didn’t pay too much because no one dies in that community anymore.” His implication was that the community we were discussing has became known…
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…
Read MoreIn today’s afternoon edition we bring you a Seeking Alpha article from BOOX Research that opines on and goes into the details on why it says Service Corporation International “has a positive long-term outlook supported by its market leadership position and solid fundamentals.” We also bring you information on an Iowa funeral home celebrating its…
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