Funeral Director Daily
America’s largest owner of funeral homes reported their 2018 4th quarter and 2018 Year End results on Monday, February 18. You can read a copy of the press release from Service Corporation International here. For the year, Service Corporation reported revenue of $3.190 billion as compared to 2017’s $3.095 billion — an increase in revenue…
Last week, just a few days after filing their 2Q 2018 financial report StoneMor Partners issued a press release that you can read here pertaining to their 3rd Quarter 2018 performance. The company continued to report a net loss as they reported a loss of $17.2 million for the quarter and a year to date…
After Life Mortuary Services opened last October and according to this article from the Memphis Commercial Appeal it is believed to be the first Memphis mortuary service to be owned and operated by black women. According to co-owner Dana Taylor, “It’s probably because it’s been a male-dominant field, and it’s been that way for years. …
A bill that would make composting of human beings a legal form of human disposition cleared its first hurdle in the State of Washington passing a Senate vote with a 36-11 margin last week. You can read an article about the vote and Senate bill SB 5001 here. The bill’s main sponsor, Sen. Jamie Pedersen…
Both StoneMor Partners and Assurant filed earnings reports in the last couple of days. Both companies are members of the Death Care Index (DCI) of publicly traded companies. StoneMor, which has had permission to file some reports on a delayed term, filed their report for the three months ending June 30, 2018. For that three…
The other day a funeral service professional asked me, “What do you see on the horizon for funeral service?” Since I have not put out any predictions for over a year I thought I would just give an answer on what comes to mind first for me. Instead of a long, thought out answer sometimes…
On January 31 Matthews International, parent company of Matthews Cremation and Aurora Casket, reported its first quarter of fiscal year 2019 which covers the period of October 1, 2018 to December 31, 2018. You can read the press release from Matthews here. As a company the consolidated sales totaled $374.2 million as compared to $369.5…
A recent fire in a Canadian funeral home has caused the funeral home’s operating license to be suspended due to the fact that the building is no longer suitable to operate a funeral business out of. You can read a short article here about this situation in Nova Scotia. According to the article the licensing…
Since it is Friday and I could not find a single great story to bring to you, I thought I would just give you several articles with each having a little tease and let you pick and choose which ones you would like to learn more about. Cape Canaveral Cemetery — The Cape Canaveral Cemetery…
Multi-faceted conglomerate Hillenbrand Industries, parent of death care company Batesville, reported higher revenue year over year for their 1st Quarter which ended on December 31. Hillenbrand, as a whole, reported revenue for the quarter of $410 million which is 3% higher than one year ago. Hillenbrand’s Processed Equipment Group (PEG) reported revenue growth of 7%.…
