Funeral Director Daily
It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business. In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…
Read MoreI recently read an article in the National Funeral Directors Association (NFDA) Memorial Business Journal about what employers need to know about the increasing legalization of marijuana and how it will possibly affect employer/employee relations. Back in 1990 the American’s with Disabilities Act (ADA) was passed and put into effect…
Read MoreWe’ve just passed the 15th day of the month and that brings us to publishing a reprise of the top read stories of the past 30 days on Funeral Director Daily. This month we have stories on several aspects of death care including caskets, the potential dwindling number of funeral homes, selling…
Read MoreThe last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
Read MoreEarlier in May the largest public funeral home and cemetery operator in North America, Service Corporation International (SCI), reported on their 1st Quarter of 2023 operations. Shortly after that, on May 8, an author from Seeking Alpha wrote an article on his opinion of SCI. The title of that article will give you…
Read MoreDepending on who you listen to you will get some opinions that over the next decade more than 50% of today’s family-owned funeral establishments will change hands. Now, I don’t know if that is true, but there is a shifting demographic, not only in age, but in preferred geographic living locations, that…
Read MoreI find it very interesting in that once I pick out an article for the day that other resources about the subject just seem to pop out to me and make me notice them when I have not noticed them in the past. I don’t know why it happens, but it does seem…
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