Funeral Director Daily
In today’s afternoon edition we bring you a Seeking Alpha article from BOOX Research that opines on and goes into the details on why it says Service Corporation International “has a positive long-term outlook supported by its market leadership position and solid fundamentals.” We also bring you information on an Iowa funeral home celebrating its…
Matthews International, which operates on a fiscal year that begins on October 1 each year, released earnings reports last week. The company has three operating segments and the one that is of interest to those of us in the death care profession is what Matthews refers to as its “Memorialization Segment”. Matthews Memorialization Segment consists…
StoneMor, Inc., the Philadelphia area based operator of funeral homes and cemeteries, announced in this press release on Friday, July 31, that they are in receipt of a 2nd offer from a company that would seek to take the company private. If you remember, earlier this year, Axar Capital Management offered the company $0.67 per…
As we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers. And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging…
North America’s largest public purveyor of death care services, Service Corporation International (SCI), released its 2nd Quarter 2020 results on Wednesday. In a nutshell, they produced somewhat better than what was expected results in this COVID-19 environment. You can read their full 2Q 2020 report here. SCI reported revenues for the quarter of $820 million…
We’ve got plenty of stories to tell you this afternoon, however, we felt that “topping our charts” was this article from ESPN.com that that chronicles a Tuesday night game in which WNBA player Sylvia Fowles became the all-time leading rebounder in the history of that basketball league. Sports leading Funeral Director Daily headlines?? The fact…
Carriage Services reported their much anticipated 2nd Quarter of 2020 results on Tuesday. You can get a copy of their press release here. The company, as well as other companies in the death care index are reporting their 2nd Quarters as their first full three month period of dealing with deaths and memorializations in the…
On Sunday morning my wife, Angie, and I were talking over the ramifications of what Congress may do in its balancing act to keep the economic security of the United States in tact as the pandemic rages on. We were discussing the additional $600 weekly unemployment payment per furloughed or unemployed worker and the long…
Last week we wrote about how a sponsored event, as it has grown, can help bring some funeral homes to status as anchors in their communities. We also included in that discussion how service over time can accomplish the same thing. And, just yesterday we talked about how taking an interest in, or mentoring, someone…
