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…
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A reader of Funeral Director Daily recently sent me information on Illinois HB 1367 that is a bill under consideration in the state legislature of Illinois that the bill’s author states in this radio interview will (allow for a) “concept of how cremated remains are handled in the future”. According to this…
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I 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…
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We’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…
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In what was reminiscent of the 1986 Challenger explosion, you can see in this video embedded in this article, an explosion only seconds into launch that caused a suborbital rocket carrying the cremated remains of 120 humans destined for earth orbit, to disintegrate and fall to earth. The rocket was launched by Up…
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The 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…
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Earlier 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…
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Depending 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…
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As we continue to see less and less full casket traditional burials at cemeteries, especially rural cemeteries, we have kept you apprised about some of the issues that these long-time, old-established cemeteries face. Most of the time the issues are those of finances — such as not enough grave lot sales, interment sales,…
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I 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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