Funeral Director Daily
There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week. Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…
“Out of sight, out of mind”. That’s a refrain I’ve heard often. Generally, it refers to when you have not seen somebody or something for a length of time then that person or that thing falls out of your thought process. It’s common sense and it happens. At Funeral Director Daily…
According to this article in the Sarnia Observer Harold Sonnenberg has been pretty busy as the superintendent of Greenwood Cemetery in Waterford, Ontario, Canada. What’s happened there happens all over North America in cemeteries and provides back-breaking work for those who “fix the problem” to satisfy families of those interred. The…
Today I want to use the Afternoon Edition to simply say “Thank You” to our readers and our sponsors. I’m a one-man band at Funeral Director Daily and when I started blogging I never knew what kind of reception that I would have. After an almost 35-year career as a funeral home…
According to a press release dated August 9, 2023, (today) issued by InvoCare Limited of Australia, the company has agreed to be acquired by TPG Capital, a global private equity firm headquartered in San Francisco, California. TPG Capital had launched a buyout offer for the company in March. You should be able…
Houston based funeral home and cemetery operator Carriage Services reported their 2nd Quarter 2023 financial report last week one day after Service Corporation International. What may become a common theme is that the companies have been able to increase revenue quarter over quarter during the past year but those gains run into…
We reported in our morning edition on last week’s happenings in Great Britain pertaining to the proposal that Pure Cremation will be acquired by private equity firm Epiris. We thought with that news we would try to let you know about the two other major potential acquisitions in the Death Care profession around…
While most of us have been anticipating some news on the acquisition front from Australia and the proposed takeover of InvoCare by TPG Capital or waiting for some news on the North American proposal of Park Lawn Corporation to acquire Carriage Services, news came late last week that Great Britain’s large direct cremation…
Our article this morning dealt with inflation and possible deflation. In doing the research for the article I came across this inflation calculator which I thought funeral homes and cemeteries would enjoy using to compare how they are pricing. According to this calculator: “The dollar had an average inflation rate of 5.64% per…
“Deflationary forces will be the story of the season.” That’s a headline I recently saw. I receive three general business newsletters in my inbox every morning. I woke up on Monday of this week with two of those newsletters headlining their newsletters with talk of inflation. . . more specifically, that talk…
