Funeral Director Daily

StoneMor Partners report 2nd Qtr. . . Leaders seem confident

By Funeral Director Daily / August 9, 2019 /

United States funeral home and cemetery operator StoneMor Partners, L.P. reported financials for the 3 and 6 months ending on June 30, 2019, after the close of business yesterday.  The company, which is in a self-proclaimed “turnaround” continued to report lower revenue numbers and larger net losses than last year for the time period, but…

Funeral home director says “Stop the Violence”

By Funeral Director Daily / August 8, 2019 /

Even if you try to avoid it nowadays, it is hard not to notice the violence that is happening in America’s major cities.  It seems like every day or every week we hear some type of story of violence in one of those cities. Frank Savory is an experienced funeral director in Kansas City, Missouri,…

Arrest made in Tulsa funeral home fire

By Funeral Director Daily / August 7, 2019 /

The Tulsa World reported in an article that you can read here that an arrest was made last Wednesday, July 31, in connection with a fire that destroyed the Dyer Memorial Chapel, then at 1610 East Apache Street in Tulsa, in 2015.  According to the newspaper the suspect was booked into the Tulsa County Jail…

Sales, profits drop at Matthews International

By Funeral Director Daily / August 6, 2019 /

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…

Cornell University donates to Ithaca City Cemetery

By Funeral Director Daily / August 6, 2019 /

At Funeral Director Daily we have harped continuously about some of the problems plaguing many cemeteries in this day of fewer casketed interments and less top-line revenue coming into the cemetery coffers.  We’ve pointed out that at some point in the not so distant future many cemeteries will not be able to afford their own…

El Paso funeral homes to aid shooting victims

By Funeral Director Daily / August 5, 2019 /

While 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…

Carriage Services quarter sees revenue, profits up. . . trending upward

By Funeral Director Daily / August 5, 2019 /

Three 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…

Cemeteries — merge to survive?

By Funeral Director Daily / August 2, 2019 /

An article in Pennsylvania’s Morning Call that you can read here gave an indication that two historical and prominent cemeteries in Easton, Pennsylvania, are on the verge of merging together to save costs, simply to survive economic hardships. Easton Cemetery, a 90 acre cemetery that has been open for 170 years and Easton Heights Cemetery,…

Another zoning battle over cremation

By Funeral Director Daily / August 1, 2019 /

It’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,…

From the business world. . . . .

By Funeral Director Daily / July 31, 2019 /

As 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…