Funeral Director Daily
In an article that was published on October 1, and I’ll remind our readers that was before Park Lawn Corporation (PLC) had publicly withdrawn its $34 per share offer for Carriage Services, Seeking Alpha authors gave a positive review of Park Lawn Corporation. The article, which you can read here is entitled,…
Read MoreMorgan Stanley equity analyst Simeon Gutman recently made this comment in this white paper from Morgan Stanley, “Americans are increasingly attached to their pets, which is clearly shown in survey results, and thus pet spending is a priority. Consumers are less willing to cut pet spending even when real personal disposable income declines.” …
Read MoreOne might have to ask if the “human composting” company Return Home wanted a deal when they went on Shark Tank and were featured last Friday. The company, that calls its brand of Natural Organic Reduction (NOR) “Terramation” left the popular show without a deal. Did they want a deal? We will…
Read MoreThe 3rd Quarter of 2023 ended with the end of September and we thought it would be a good time to take a look at how the public companies in Death Care have held up over the course of the past quarter and past nine months. From our point of view it looks like…
Read MoreAccording to this article from the Seattle Times of Thursday, October 5, terramation company Return Home will present its company and product on the television show Shark Tank tonight, October 6. The article states that the company will be looking for an investment of $2 million for a 5% equity stake in the…
Read MoreOn Wednesday Funeral Director Daily told you of the Tuesday, October 2, press release of Park Lawn Corporation stating that it was withdrawing its all-cash offer to purchase all of the outstanding stock of Carriage Services. It also mentioned that it had declined to participate any further in Carriage Services’ “Review of Strategic…
Read MoreThose of us who walked the convention halls at NFDA in Las Vegas recently heard lots of reasons why many in the death care profession were not too optimistic about the immediate future of our businesses. There was lots of talk about inflation causing rising expenses and interest rates taking a bigger chunk…
Read MoreIt’s never too late to learn more about attracting and retaining client families. The marketing to do so can be complicated at times, but it is always good to keep an open mind and you can maybe learn through the education of others. To that end, we offer these insightful podcasts which we’ve…
Read MoreAt Funeral Director Daily we hear about a lot of funeral homes that change hands. We can’t report on all of them, but some family funeral homes have such unique historical characteristics that we like to pass on the knowledge of those transactions just to keep the historical perspective of funeral homes in America…
Read MoreYesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which you can read here also…
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