Funeral Director Daily

The new casket merchants seek to raise funds

By Funeral Director Daily / December 2, 2021 /

The Cremation Association of North America (CANA) says the 2020 cremation rate in the United States was 56.1%.  That same reliable group says that within the next decade – in 2030 – the national cremation rate will rise to 72.8%.  Considering the fact that the vast majority of cremations in the United States do not…

Security National Memorial segment increases earnings 125% for first nine months of 2021

By Funeral Director Daily / December 1, 2021 /

Security National Financial Corporation (SNFC) released this press release earlier in November which memorialized their operations for the 3rd Quarter of 2021 as well as the first nine-months of 2021.  The Utah based company operates in three business segments with one of those segments being what they call their Memorial Segment. For the nine months…

Park Lawn enters state of Georgia with acquisition

By Funeral Director Daily / November 30, 2021 /

Park Lawn Corporation (PLC), the Canadian based funeral and cemetery operator announced in this press release yesterday that they had entered the state of Georgia with an agreement to purchase the Ingram Funeral Home & Crematory located in Cumming, Forsythe County.  The press release stated that the acquisition is scheduled to close in December of…

The coming Unstoppable Force Paradox of Funeral Service

By Funeral Director Daily / November 30, 2021 /

The other day I came across this article from a publication called Mic.  The article was entitled, “I feel like a Survivor – inside the Funeral Industry’s 2021 National Convention”.  To say the article was interesting. . .and even somewhat eye-opening might actually be an understatement. You can read the article here. The article is…

Podcasts that you may enjoy

By Funeral Director Daily / November 29, 2021 /

Over the holiday weekend we came across the following podcasts that you may enjoy: From Deathcare Decoded: “Core Values – Gratitude” Kicking off the 2021 holiday season with this special episode of Deathcare Decoded, Alexandra explores the concept of gratitude, which is one of Parting Stone’s four core company values. She explains how Parting Stone…

Matthews sees Memorialization revenue increase, backlog in cemetery orders and delay in cemetery capex

By Funeral Director Daily / November 29, 2021 /

Matthews International, the Pittsburgh based tri-partite conglomerate with the largest percentage of their sales in what they refer to as their “Memorialization Segment” saw an increase in total sales and Memorialization Segment sales for their 2021 Fiscal Year.  As you can see from this 4th Quarter (July, August, September) and Year End report sales in…

The Seasonality of Death

By Funeral Director Daily / November 26, 2021 /

I came across this article titled, “It’s funeral homes’ busy season, here’s what to be careful for”.  Seeing that title I didn’t really know what to expect so I looked into the article.  It’s a short article with some good thoughts — one of those thoughts was entitled, “The Myth of Holiday Suicides”. Now, over…

Happy Thanksgiving. . . .a day of Gratitude

By Funeral Director Daily / November 25, 2021 /

Maybe it is just because I’m getting older. . . maybe its because as I get older I see younger and younger people stepping forward to do some of the things I used to do. . . . maybe it is because as you get older you recognize that as much as you may have…

Batesville reports Fiscal 2021 Revenue increase, suggest less Covid deaths possible in 2022

By Funeral Director Daily / November 24, 2021 /

Batesville Casket’s parent company, Hillenbrand Industries, reported Fiscal Year 2021 and FY 4th Quarter 2021 results last week.  In that report, that you can read here, they reported that the Batesville segment produced revenue of $623 million for the year. . . a 13% increase over FY2020.  It should be mentioned here that FY2020 included…

StoneMor continues transformation according to 3Q results, comments on expected growth mode

By Funeral Director Daily / November 23, 2021 /

StoneMor Inc., the Pennsylvania cemetery/funeral home consolidator and operator reported their 3rd Quarter results for 2021 earlier this week.  In a prepared statement, company CEO Joe Redling stated, “The third quarter continued to build on the positive performance trends of the past year and half, with top-line revenue growth of 13.2% and 19.2% for the…