Funeral Director Daily
Park Lawn’s CEO Brad Green comments on the labor market, acquisitions, preneed, and revenue per case
Park Lawn Corporation (PLC), the Toronto based funeral home and cemetery operator released First Quarter 2021 results last week. As expected the results were very strong as deaths from the pandemic in those months, especially January, continued to be high. Park Lawn Corporation’s net revenue grew about 26% to over $89 million for the quarter.…
Upholding to the Covid-19 social distancing rules of the University of Minnesota the graduating class and faculty of the Department of Mortuary Science had to come up with a creative way to make this year’s graduation ceremonies memorable for the graduating seniors. With indoor facilities on campus off limits for this year, the department worked…
Several years ago progressive funeral homes opened their own hospitality rooms to be able to serve post-funeral meals and refreshments on their own premises. Many of those funeral homes that have promoted that concept and have consumer friendly facilities for that purpose, not only have seen their rooms used and profitable, but they have been…
Batesville, a division of Hillenbrand Industries, reported their Fiscal Year 2nd Quarter during the first week of May. While the entire company revenue increased 11% year over year, Batesville, the funeral service side of the business, increased their revenue by over 20% to a quarterly volume of $166 million. Here’s what was said in the…
The other day I read an article from “The Hustle” concerning product or brand placement in movies and television shows. It was a pretty fascinating read of product placement, not something I was totally unfamiliar with. However, I was somewhat amazed at the amount of dollars that companies were willing to spend for product placement…
In an effort to get you more information to learn more and more about your profession, Funeral Director Daily brings you these opportunities that have been sent to us for your information. From the National Funeral Director’s Association: A Brush with Death podcast — Going Green: Another funeral option. Podcast #23 in a series…
Service Corporation International (SCI) reported their 1st Quarter financial results last week and in it we found a lot of information and perspective that we believe is informative and, in our opinion, pretty good news as to how the American public is coming out of the pandemic with their actions on funeral care seemingly indicating…
An online cremation provider has been opened in the Nashville and Middle Tennessee areas according to this press release. Lumen Cremation, LLC, makes a point to mention to consumers that every cremation will be performed by a well-established Nashville mortuary that owns its own crematory. Lumen Cremation touts in the press release that “. .…
As many times happens with me, I learn something from a news item or items and then try to convert that knowledge to the funeral industry and try to figure out if or how what I’ve learned will translate to our profession. So was the case this week when I saw some public relations for…
Matthews International reported their Fiscal year 2021 2nd Quarter results last week and with the report we noticed how it is impossible to not notice that their Memorialization business segment which consists of Aurora Casket, Matthews Cremation, and their cemetery, memorial, and mausoleum division, is increasingly leading the company. The other two segments of Matthews…
