Funeral Director Daily
Last week Matthews International, a multi-faceted United States public company based in Pittsburgh, Pennsylvania, reported 3rd Quarter results for their fiscal year which will end on September 30. The 3rd Quarter results are for the period ended June 30 and you can read the Matthews press release about the financial report for the 3rd Quarter…
Read MoreWhile the event that led to the offer is certainly something that no city anywhere should have to go through, we have learned today in this media release that many funeral homes in El Paso, Texas, will offer free services to those killed in the mass shooting attack in that city on Saturday. As of…
Read MoreThree months ago the 1st Quarter report of 2019 for funeral home and cemetery operator Carriage Services caused concern for many of their stockholders. In that quarter, same store revenue for funerals and profitability took a backward trend as did the number of atneed and preneed services conducted or contracted. That report led management to…
Read MoreIt’s became almost a weekly occurrence whereby I notice an article in a United States newspaper that pits a company that is in the cremation business against others in their community about where to locate a new crematory. Such is the case today in a dispute over a crematory location in Dayton, Ohio. This battle,…
Read MoreAs we continue to move into the reports from Wall Street on how public companies have been doing for the first six months of 2019 we have a couple of items that we noticed in today’s news that we will present to you: Dignity PLC halts dividend: The British funeral home conglomerate announced on Wednesday…
Read MoreThe state of Colorado is in the news often these days. Demographers tell us that in many ways it appears to be a bellwether of things to come in the United States. It is growing by leaps and bounds, the diversity of the people is rapidly expanding to resemble what America’s diverse population will eventually…
Read MoreService Corporation International (SCI), the largest single entity seller of funeral and cremation services in the United States, reported their 2nd Quarter 2019 and mid-year 2019 financial results yesterday. SCI has approximately 1500 funeral home, crematories, and cemeteries under its umbrella and is said to garner about 15-18% of the American death care dollar. Because…
Read MoreSince February 2018 there has been a moratorium on the installation and licensing of liquid cremation, also known as alkaline hydrolysis or water cremation, in the Canadian province of Ontario. At this point in time, according to this article from the Ottawa Citizen, the Wartman Funeral Home of Kingston is the only facility in the…
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