Funeral Director Daily
Service Corporation International and its brand, Dignity Memorial, recently announced that it will, for the 10th consecutive year, sponsor the Donate Life float that will appear in the 129th Rose parade on January 1, 2018. You can read their press release here. The Donate Life Rose Parade float helps raise awareness of the important cause…
Propel Funeral Partners, the funeral home, cremation, and cemetery company that serves Australia and New Zealand is seeing their stock continue to rise since their initial public offering (IPO) in November. According to an article in the Motley Fool from December 27, 2017, the stock has moved from an IPO price of AUS $2.70 to…
One of every owners worst nightmares came true on Tuesday, December 26, to Jerry Lee Taylor, the owner of Taylor Funeral home in Gibson, Georgia. Early that morning fire raged through his funeral home in the rural Georgia town as explained in a story and video seen here from WJBF Television of Augusta, Georgia. According…
Last week I wrote an article dealing with the professional staffing shortage in the death care industry. While there is some question, depending on who you talk to, as to whether the funeral service staffing shortage is perceived or real, there is no doubt that the economy keeps humming along in America and Economics 101…
On December 19 Standard and Poor’s Global Ratings issued a rating on Hillenbrand’s amended $900 million unsecured revolving credit facility expiring in December 2022. The rating assigned was BBB. The company restated that it will use this credit facility for financing working capital needs and general corporate purposes. Standard and Poor’s gave the following reasons…
StoneMor Partners, based in Trevose, Pennsylvania, issued their 2nd Quarter 2017 financials and report on December 12. We bring them to you today. You can see their press release on the results here. Here are some of their highlights: Revenues for the quarter were $86 million which represents a $7.0 million increase from the same…
The other day I told you that I had become privy to a report done on the state of the American Casket industry. We gave out some insights on the industry and both its past decline and its probable future decline in units sold and dollar amounts sold. One of the things that I found…
It seems really ironic just to make the headline statement for someone who has seen the death care/funeral industry change so fast over my 35 year career. As I’ve said before, within a generation America has changed from a burial disposition society to one of a cremation disposition society. So, we have been anything but…
