Funeral Director Daily
Editor’s Note: A technical glitch stopped publication this morning. But, here you go with today’s article a few hours late. Sorry. As I write articles in this forum I sometimes have to remind myself that many of my readers are 30 to 40 years younger than I am. That fact, and the experience of playing…
Many of our friends in the support service to funeral professionals offer educational experiences through white papers or webinars that are very valuable. Today I’m just taking the time to get some of the information to you. . . .If you are so inclined get these opportunities for enrichment on your schedule. From Clifton…
Service Corporation International (SCI), North America’s largest grouping of funeral homes and cemeteries reported their 1st Quarter 2022 financial results last week. The company reported increased total sales of 3.2% which resulted in 1Q 22 revenue of $1.112 billion as compared to the 1st Quarter of 2021 where they reported sales of $1.077 billion. That’s…
We’ve mentioned that many death care companies are intent on growing and right now many seem to have the cash-flow to fuel those acquisitions that lead to company growth. Just last week Wilbert, Inc. announced an acquisition of a molding and finishing manufacturer who produces casket hardware, automotive/transportation components, and other consumer products. On the…
“Blessed are those that mourn, for they shall be comforted,” It is something that always seems to be around the nexus of free enterprise and government intervention or regulation when it comes to the death care services of those poverty level citizens of our communities. The “It” is the debate about the value of what…
Carriage Services reported their 1st Quarter of 2022 last week and in doing so highlighted the strength of their funeral home operations. “Same Store” service contracts increased about 3.3% and average revenue on those services increased 1.2% over the same period of last year which led to a Funeral Home Operating Revenue increase of $3.3…
I just returned from an annual event that takes place each year and benefits the Funeral Service Foundation and the ICCFA Educational Foundation. The event, dubbed The Memorial Classic and started by Johnson Consulting Group founder Tom Johnson over 40 years ago completed its 2022 event last week. I’ve been fortunate to have been a…
After two years of absence because of the pandemic, the Berkshire Hathaway Annual Meeting was once again held in person last weekend in Omaha, Nebraska. 91-year old Berkshire Hathaway CEO Warren Buffett again presided over the meeting and, as usual, gave sage advice on many aspects of business. In responding to a question about what…
If you are like me, you might not even know where you are sitting with Continuing Education credits to keep your license current. I need to check because I know that because of the Covid pandemic some of the CE credits required for my funeral director and insurance agent requirements were temporarily suspended because of…
Matthews International, an international conglomerate which serves the death care industry with memorial products, reported their January through March 2022 financial numbers last week. Because they choose to report on a Fiscal Year that begins on October 1 each year, this report is considered their 2022 2nd Quarter Report. You can access a copy of…
