Funeral Director Daily
Park Lawn Corporation today released the results of their 3rd Quarter operations. The company reported that their revenue increased by over 29% to a $22.4 million mark in 3Q 2017 as compared to $17.3 million in 3Q 2016. All dollar figures are reported in Canadian dollar figures. The company had several one time non-recurring expense…
Read MorePre-Need insurance means different things for different funeral homes. Some funeral homes use pre-need to build market share, some use pre-need as a cash-flow tool, and some use pre-need as a means of providing revenue and net income to the bottom line. Probably more often than not, funeral homes use pre-need for a combination of…
Read MoreLate on Thursday Carriage Services issued two press releases indicating that they had closed the purchases of two funeral firms in the corridor between Denver and Fort Collins, Colorado. The public death care company announced that they had acquired Carroll-Lewellen Funeral and Cremation Services in Longmont, Colorado and also acquired the Viegut Funeral Home in…
Read MoreThere is no doubt that we all agree that what happened in that small Texas town last Sunday was a great tragedy beyond proportions. It should never have happened — but it did. From where I sit, in Minnesota, over 1000 miles away from the village of Sutherland Springs, Texas, it seems so distant —…
Read MoreWe have talked about it here before — how the American death care business is changing. It all has to do with the changing culture of the American populous. Not much has changed in what is accepted in America at the time of death — for the past forty years we have accepted burial, funerals,…
Read MoreU.S. District Judge Eduardo C. Robreno, of the Eastern District of Pennsylvania has dismissed a class action lawsuit against StoneMor Partners L.P. according to an article in the Delaware County Times. In this lawsuit, lead plaintiffs Judson Anderson was trying to show that investors were misled and/or materially harmed by statements StoneMor made between March…
Read MoreYesterday I read of two cases where funeral homes faced examiners because of problems at their mortuaries and in both cases both funeral homes have had their licenses revoked for a period of time from the respective examining boards. While the funeral homes may have the chance to plead their case and appeal, much of…
Read MoreAfter a couple months of testing posts, with a small audience of critics, to see if I liked doing this I turned the site over to Twitter, Facebook, and Google to try to reach new readers. Since then, we have been growing in readership organically at about 1.5 – 2% daily. Thanks for joining up.…
Read MoreA net operating loss of $76.3 million was reported by global conglomerate Assurant yesterday. While two – Global Lifestyle and Global Preneed – of their three operating units posted profits, they were far outweighed by the losses in the Global Housing segment to produce the loss. The Global Housing unit loss of $110.3 million was…
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