Funeral Director Daily
The Funeral Director Daily Death Care Index (DCI) dropped roughly 2% for the month of January in contrast to the Dow Jones Industrial Average which recorded a 5.79% gain. The DCI, a composite total of eight death care industry public stocks, stood at $290.78 at the close on January 31 in comparison to its mark…
Read MoreMatthews International Corporation reported earnings on January 25. The consolidated company – which operates worldwide in three divisions which includes a division labeled “Memorialization” and includes Matthews Cremation Products and Aurora Casket among others – recorded an increase in sales of over $20 million system-wide for their fiscal year’s 1st Quarter. They also produced non-GAAP…
Read MoreMore than ever, in our transitionary society, funeral homes are depending on pre-arrangements, at a younger age, to get families to choose their funeral home over a competitor. People just don’t seem as loyal as years gone by and the thought is that the idea of getting some future business on the books can’t do…
Read MoreLast week Carriage Services announced that they will continue with their quarterly dividend of 7.5 cents per share. The dividend will be payable on March 1, 2018, to shareholders of record as of February 12, 2018. This amount of $0.075 per quarter translates into a dividend yield for Carriage Services on an annual basis of…
Read MoreAs you know I live in Greater Minnesota (that area that is not in the Minneapolis-St. Paul metroplex) in an area where fishing and duck hunting is very popular. Just the other day I was introduced to a product in the funeral industry that maybe has some potential in my area. That product is Gloryboat…
Read MoreWe’ve written several times in this medium that funeral homes all over the country are having tough times attracting and retaining new young employees. I came across an article published by ABC.net Australia that you can read here which points out maybe some of us older, set in our ways employers just need to be…
Read MoreAn interesting bill that may have ramifications for beyond West Virginia was recently referred to the West Virginia House Finance Committee. The bill, which should come up for debate and possible vote this session stems from the fact that the West Virginia Department of Health and Human Resources ran out of indigent burial funding last…
Read MoreThere is no doubt that there is a tremendous value in establishing a national brand that can gain value by economies of scale, national reputation, and accessibility. Think about companies like Dominos, Burger King, McDonalds, Waste Management, Macy’s, Kohls, and the like where you know the value and quality of what you are buying when…
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