Funeral Director Daily
Park Lawn Corporation announced last week that they had purchased Christie’s Funeral Home and Crematorium in Yorktown, Saskatchewan. The announced purchase price was $1.96 million (Canadian). You can read the press release here. The company announced that it was a strategic fit and will build upon their operations in Manitoba and Saskatchewan. They also announced…
It was announced at the close of business yesterday that Carriage Services, a publicly traded death care industry consolidator, had acquired the five funeral homes under the ownership of the Thomas F. Dalton Funeral Homes on Long Island, New York. According to Carriage Services CEO Mel Payne, “The partnership with Thomas F. Dalton Funeral Homes…
It’s been a little over three months since we visited the Death Care Index or DCI. The DCI is Funeral Director Daily’s gauge for checking up on the investment return of death care companies who operate in the public ownership market. At the close of business on November 30, a day in which the Dow…
I posted an article yesterday that showed that even when you think you are an asset-based or value customer you can also be, at some times in some situations, an experiential customer. By experiential customer I mean that you, as a customer, will pay more for something because you value the experience that it gives…
Trends and surveys show us that the younger the person is in America the more apt they are to value “Experiences” over “Assets”. It is an interesting subject to me – as a younger part of the Baby Boom generation – I’ve always valued assets and usually have watched my money on the experiences. Experiences…
Matthews International issued a press release last Thursday, November 16, reporting on their 4th quarter and 2017 year end results. It is a report eerily similar to Hillenbrand’s 2017 year end report in that the report was overall excellent but both companies saw sales in their casket units drop. You can read Matthews press release…
The Niagara Gazette recently published an article featuring Michael Goodlander, owner of the Otto Redanz Funeral Home in New York state. The article captured the thoughts of Goodlander and his funeral home as it is preparing to offer food – in the way of baked goods, snacks, and platters to those visiting and using his…
Over the last week I ran into an article in the Australian news about the funeral service provider Propel Funeral Partners. You can read the article for yourself here. Propel Funeral Partners has been in business for over five years but just last week took its stock public on the Australian Stock Exchange raising $131…
