Funeral Director Daily
A bill that would make composting of human beings a legal form of human disposition cleared its first hurdle in the State of Washington passing a Senate vote with a 36-11 margin last week. You can read an article about the vote and Senate bill SB 5001 here. The bill’s main sponsor, Sen. Jamie Pedersen…
Read MoreBoth StoneMor Partners and Assurant filed earnings reports in the last couple of days. Both companies are members of the Death Care Index (DCI) of publicly traded companies. StoneMor, which has had permission to file some reports on a delayed term, filed their report for the three months ending June 30, 2018. For that three…
Read MoreThe other day a funeral service professional asked me, “What do you see on the horizon for funeral service?” Since I have not put out any predictions for over a year I thought I would just give an answer on what comes to mind first for me. Instead of a long, thought out answer sometimes…
Read MoreOn January 31 Matthews International, parent company of Matthews Cremation and Aurora Casket, reported its first quarter of fiscal year 2019 which covers the period of October 1, 2018 to December 31, 2018. You can read the press release from Matthews here. As a company the consolidated sales totaled $374.2 million as compared to $369.5…
Read MoreA recent fire in a Canadian funeral home has caused the funeral home’s operating license to be suspended due to the fact that the building is no longer suitable to operate a funeral business out of. You can read a short article here about this situation in Nova Scotia. According to the article the licensing…
Read MoreSince it is Friday and I could not find a single great story to bring to you, I thought I would just give you several articles with each having a little tease and let you pick and choose which ones you would like to learn more about. Cape Canaveral Cemetery — The Cape Canaveral Cemetery…
Read MoreMulti-faceted conglomerate Hillenbrand Industries, parent of death care company Batesville, reported higher revenue year over year for their 1st Quarter which ended on December 31. Hillenbrand, as a whole, reported revenue for the quarter of $410 million which is 3% higher than one year ago. Hillenbrand’s Processed Equipment Group (PEG) reported revenue growth of 7%.…
Read MoreAustralia – After a series of high profile abuses of the financial services industry in Australia in the last couple of years, the Australian government commissioned High Court Justice and royal commissioner Kenneth Hayne to investigate the complete financial services industry and come up with some ideas on how to regulate such. That report has…
Read MoreYesterday StoneMor Partners issued a press release which you can read here. In it they “announced a number of key financial and operational updates representing further steps forward in its ongoing turnaround effort. These steps include a waiver and amedment of certain loan covenants, growth financing from its largest investor and the completion of an…
Read MoreI came into the funeral business somewhat reluctantly at age 19 when my father suddenly passed away and mom needed someone who would be interested in carrying on the family business. I’ve said many times, the Lord knew what he was doing, because as I reluctantly got involved I learned I was pretty good at…
Read More
