Funeral Director Daily

Propel Funeral Partners raises capital, announces Share Purchase Program

By Funeral Director Daily / October 27, 2021 /

Propel Funeral Partners of Australia and New Zealand announced last week, in this announcement, that they had raised $AU 50.2 million via a placement with institutional investors.  They also announced that they are offering eligible existing shareholders the opportunity to purchase a total of up to $AU 10 million via a share purchase plan. Here’s…

The Experiential Funeral

By Funeral Director Daily / October 27, 2021 /

Via e-mail marketing the other day I received an invitation from our friends at the Cremation Association of North America (CANA) to take in a free webinar partially titled, “Families prefer experience over extravagance“.  The topic hit home with me and I think points out a very important detail about what the consumer public is…

Zacks Research previews SCI earnings report

By Funeral Director Daily / October 26, 2021 /

We found this report, dated October 21, interesting from Zacks Equity Research.  Here’s an interesting couple of lines from the report. . .”SCI is likely to display year-over-year declines in the top and bottom lines, when it reports third-quarter 2021 numbers on Oct 27. The Zacks Consensus Estimate for revenues is pegged at $800 million,…

The labor market and your funeral home

By Funeral Director Daily / October 26, 2021 /

Over the weekend I read some articles pertaining to the secular world of business that I have tried to boil down to how they will affect the death care profession/industry.  One article from Yahoo Money is entitled “Making sense of the Twisted Sister labor market“.  You can read it here. That article points to what…

Retail death care stocks lead the run-up

By Funeral Director Daily / October 25, 2021 /

On Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677.  On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021.  That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to…

Zen Center, funeral home share space

By Funeral Director Daily / October 22, 2021 /

I think there is a lot to be said about “businesses serving their community” in appropriate ways.  And, I think in funeral service as we move forward to more niche businesses that will become more and more evident. You can read in this article from the Vashon-Maury Island Beachcomber, how a funeral home and the…

NFL’s Steelers not amused by end zone cremation scattering

By Funeral Director Daily / October 21, 2021 /

If you have been a funeral director for any length of time a family member of a cremation disposition has approached you about their idea of scattering the cremated remains at a certain location.  Most of the time the question has been asked in relation to a public park, a church yard, a lake, or…

There is still value in radio ads for funeral homes

By Funeral Director Daily / October 20, 2021 /

The Radio Advertising Landscape for Funeral Homes By Welton Hong   There are about 15,500 radio stations in the United States. Combined, they have an enormous audience: About 90% of the people in the country of almost any age listen to radio at least monthly. That makes radio a great place for funeral service advertising,…

Reasons for lack of men in the work force leads last months readership

By Funeral Director Daily / October 19, 2021 /

The top read article for the last 30 days published on Funeral Director Daily dealt with, not only the loss of men in the funeral service workforce, but the loss of men in the workforce in general.  We’ve all seen many more women in funeral service over the past decades but what about the participation…

Park Lawn Corporation announces three acquisitions

By Funeral Director Daily / October 19, 2021 /

Toronto-based Park Lawn Corporation, a funeral home and cemetery owner and operator, announced in this press release last week that it had acquired three businesses which constitute an addition of six stand-alone funeral homes, one stand-alone cemetery, three combination funeral home/cemetery properties, and five event centers.  All businesses are located in their growing North Carolina…