Funeral Director Daily

Park Lawn Corp reports 2023. . . Revenues increase 6.6%

By Funeral Director Daily / March 11, 2024 /

      Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week.  In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the comparable quarter and year.  They…

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Will Prelude be the product?

By Funeral Director Daily / March 8, 2024 /

      I’m always searching the web for things that might be tied in to the funeral/cremation or greater Death Care business world.  Just the other day I came across a website for a company in the preneed arena which has a home page that states, “The Promise of Preneed“.   The company is…

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Some information from our advisors at Clifton Larson Allen

By Funeral Director Daily / March 7, 2024 /

    It seems like only yesterday that that President Trump and the United States Congress and Senate passed the Tax Cuts and Jobs Act (TCJA) that business advisor Clifton Larson Allen (CLA) states “brought sweeping tax changes to businesses and individuals”.  However, it was in 2018 and to show how fast time moves, we…

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Carriage Services’ Mel Payne transitions to advisory role at company

By Funeral Director Daily / March 7, 2024 /

  Mel Payne has been listed as the co-founder, CEO, and Chairman of the Board at funeral home and cemetery operator Carriage Services since 1991.  In the company’s 2023 Year End Report which was made public on February 21 of this year, the company made note that Mr. Payne “has chosen to step down from…

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State of California seeks to seize cemetery assets

By Funeral Director Daily / March 6, 2024 /

    It has been pretty well publicized that former President Donald Trump may have assets seized by the State of New York to satisfy a judgement recently decided against his companies.  Turns out that is not the only siezure battle by a state against against someone as you can see from this article in…

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Our Take: Expiration of SCI acquisition moratorium will lead to cascading deals soon

By Funeral Director Daily / March 5, 2024 /

    As you get older and older time seems to move faster and faster.  For those of us who were in the business back in 2013 we saw the  acquisition of Stewart Enterprises, then the 2nd largest funeral home and cemetery operator in the country, being acquired by the largest operator, Service Coporation International.…

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Technology and Innovation: Some help from our friends at Funeral365

By Funeral Director Daily / March 4, 2024 /

    Our friends at Funeral365 are bringing us a free webinar where those of us with small funeral homes have the opportunity to gain insight on how the bigger consolidators are using technology to help innovate and grow.   On Thursday, March 7, from 11 am until noon Eastern Time (10 am Central Time)…

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“Preneed” or “Funeral Contribution Funds”

By Funeral Director Daily / March 4, 2024 /

    There is an old saying that goes, “You can lead a horse to water, but you cannot make him drink”.  I think that the meaning of that phrase, in human terms is something like this, “You can tell a person the situation, but you cannot make them act on it”.   In my…

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Carriage Services CEO Carlos Quezada on 2023 Results: “. . instills confidence and excitement”

By Funeral Director Daily / March 1, 2024 /

  American funeral home and cemetery operator Carriage Services recently shared the results of their 4th Quarter and Year-End financials with the public.  In doing so, and in spite of a continuing COVID “pull forward” impact resulting in modest declines in funeral contract volume experienced during the year, the company reported total 2023 revenues 3.3%…

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Permanent Memorialization: How long is “Permanent”?

By Funeral Director Daily / February 29, 2024 /

      How long is “Permanent”?  That is a question that has never been answered, but in many cases you will find out that “permanent” is not really “permanent”.   There is an interesting dilemma going on in Surrey British Columbia, Canada, right now.  According to this article, a popular pet cemetery is about…

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