Funeral Director Daily
On April 2 StoneMor Inc., the cemetery and funeral home operator based in Trevose, Pennsylvania, reported their 2019 year end financial results. StoneMor, who operates 90 funeral homes and 320 cemeteries in 27 states and Puerto Rico, is the 2nd largest funeral home/cemetery operator in North America by revenue. You can access the 2019 Year…
Alleghany Capital Corporation of New York City, New York, announced on April 1, in a release you can read here from Yahoo finance, that it had completed its acquisition of the majority of stock of Wilbert Funeral Services, Inc. of Overland Park, Kansas. Wilbert, a name synonymous with the death care industry since its start…
It’s been a while since Funeral Director Daily has updated its proprietary Death Care Index or DCI. While not a scientific weighting of public company death care stocks it does give some semblance to what the investment community is thinking about the funeral, cemetery, crematory, and preneed services business community and the direction that they…
Earlier this week a national reporter called me to ask some questions about COVID-19 and how it might relate to the funeral industry as more and more deaths occur. My prediction on the services front was that even if we hit the range of 100,000 to 240,000 deaths that the administration is now predicting, that…
Again, during this COVID-19 pandemic we want to thank our readers for continuing to disseminate information that is helpful to the death care profession. Here are a couple of items that we have for you today. Webinar: How to continue to serve client families remotely. This webinar is scheduled for Wednesday, April 8 at 2…
The old saying is that you “Can’t teach an old dog new tricks”. Well, I think after this week that I am living proof that statement definitely does not hold water. You see, this week I watched four webinars on what is happening in funeral service and the death care industry. That, in itself, for…
Thanks to all of our readers who have passed on information that they have found in our daily updates concerning death care professionals and news they need to know about the COVID-19 situation we are reaching more and more people who can use the information. When you see an update that you believe can be…
When a crisis comes upon you – you have a choice. You can shudder in a corner or you can face it and do all you can to be part of the solution. I believe that funeral professionals and funeral business suppliers are those that want to be part of the solution. In that vein…
We just want to give a huge thank you to our subscription list across the world. Each day during the COVID-19 situation we are trying to get out information, that may be pertinent to you in your own situation, about the pandemic as it relates to the death care profession. We are so thankful that…
Park Lawn Corporation (PLC), the Toronto based funeral home and cemetery consolidator and operator, reported their 2019 financial results on Monday after trading hours. The company showed mixed results by increasing their revenue by 51% to $244 million (all dollar numbers are in Canadian dollars unless otherwise indicated) but only generating an additional 2.3% in…
