Funeral Director Daily

Revenues, Earnings drop for Security National Insurance and Memorial segments in 2nd Quarter

By Funeral Director Daily / August 20, 2024 /

    When one looks at the totality of the 2nd Quarter 2024 report for Security National Financial Corporation (SNFC) you would have to say that “overall” it was a pretty good quarter for the company —- total revenues increased 2.3% over the same period in 2023 and Earnings before Taxes jumped 15.2% to $9.3…

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Burnout, stress . . .that’s the topic of Peer Support tomorrow night

By Funeral Director Daily / August 19, 2024 /

  It’s already the 3rd week of August and with the 3rd week of every month comes the Cremation Association of North America (CANA) and the ability to participate in their Peer Support Network.  All Death Care workers are encouraged to go online on Tuesday night (tomorrow) and participate in this month’s topic.   And…

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Where was SCI?

By Funeral Director Daily / August 19, 2024 /

      Over the last couple of weeks the sale of Park Lawn Corporation to Viridian Holdings LP was consumated.  Viridian Holdings LP is, according to the Park Lawn Corporation website, “a limited partnership collectively owned by Homesteaders Life Company and certain funds the general partner of which is Birch Hill Equity Partners Management…

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Federal Trade Commission strengthening “Star Rating” enforcement

By Funeral Director Daily / August 16, 2024 /

    Do you ever see companies, or maybe your competitors, with “Star Rankings” and reviews that seem better than the rest?  Well, it appears that the Federal Trade Commission (FTC) has and they are doing something about it.   According to an article that I read, FTC Chair Lina Khan made the following statement,…

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Carriage Services: Strategies driving improvements

By Funeral Director Daily / August 15, 2024 /

  I’m one that believes you can learn something from seeing what the public companies in funeral service are doing.  When I was active with my funeral home in the business I would read their quarterly reports and look at whatever comments were made during the companies quarterly earnings call transcripts. . . . .Even…

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Propel Funeral Partners announces acquisition

By Funeral Director Daily / August 14, 2024 /

    In a press release Propel Funeral Partners of New Zealand announced a somewhat unusual acquisition.  Propel announced in July that they had completed the acquisition of Decra Art.   Decra Art is believed to be New Zealand’s largest monument and headstone manufacturer.  According to their website that you can access here, they stock…

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Welton Hong updates his book

By Funeral Director Daily / August 13, 2024 /

    We were recently notified that Welton Hong, Founder and CEO of Ring Ring Marketing, has updated his book, “Making your phone ring with internet marketing”, into its 3rd edition.   The teaser for the book says this, “Feeling overwhelmed by digital marketing?  You’re not alone.  Many funeral home owners feel the same way,…

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South Carolina stiffens “funeral rules”

By Funeral Director Daily / August 13, 2024 /

    What can only be described as “lax” and “unprofesional” conduct around the world in the funeral profession during the last several years is starting to get attention by governing bodies.  There has been pretty high profile “unethical conduct” cases in Colorado and Great Britain, among other locales, which is now leading government authorities…

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Mattthews 3rd Quarter Report: Memorialization revenues drop 3% compared to one year ago

By Funeral Director Daily / August 12, 2024 /

  Matthews International, the parent company of Matthews Aurora Casket and Matthews Cremation reported their April, May, and June 2024 quarter in early August.  The company reported a revenue drop of 9.4% in total and a revenue drop of 3.0% in the Memorialization segment for that quarter when compared to the same period in 2023.…

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Titan introduces the “Hypercasket”

By Funeral Director Daily / August 9, 2024 /

  They are bold. . . . . no doubt about it.  And, since they set out upon their mission to distribute caskets directly to the consumer they have defied most predictions and continue to grow.   Now, the Titan Casket Company has came out with what may be their boldest decision yet. . .…

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