Funeral Director Daily
Funeral home and cemetery consolidator Carriage Services reported on the financial results of their 3rd Quarter for 2021 and in doing so reported record 3rd Quarter revenue for a quarter of $95.0 million. That is 12.6% higher than the $84.3 million of revenue recorded in the 3rd Quarter of 2020. Here’s what is said in…
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What some people term “Death with Dignity” is a growing movement that I confess to know little about. However, the acronym MAID, which stands for “Medical Assistance in Dying” and is part of the Death with Dignity movement is becoming better known and accepted. Legal in Canada since 2016 the Medical Assistance in Dying Movement…
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Service Corporation International (SCI), the largest funeral home and cemetery operator in North America reported their 3rd Quarter 2021 financial results on Wednesday. You can see them for yourself here. Here’s some of what Tom Ryan, Service Corporation’s CEO said of the 3Q 2021 results, “Today we are reporting another strong quarter with earnings .…
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I read this article from the Toronto Sun where Canadian funeral director Diane Moniz-Alves commented, “It has been quite traumatizing for families, not being able to have a proper funeral.” And, last Spring I attended as a member of our funeral home a “family only” committal service simply because I wanted to pay my respects…
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Propel Funeral Partners of Australia and New Zealand announced last week, in this announcement, that they had raised $AU 50.2 million via a placement with institutional investors. They also announced that they are offering eligible existing shareholders the opportunity to purchase a total of up to $AU 10 million via a share purchase plan. Here’s…
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Via e-mail marketing the other day I received an invitation from our friends at the Cremation Association of North America (CANA) to take in a free webinar partially titled, “Families prefer experience over extravagance“. The topic hit home with me and I think points out a very important detail about what the consumer public is…
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We found this report, dated October 21, interesting from Zacks Equity Research. Here’s an interesting couple of lines from the report. . .”SCI is likely to display year-over-year declines in the top and bottom lines, when it reports third-quarter 2021 numbers on Oct 27. The Zacks Consensus Estimate for revenues is pegged at $800 million,…
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Over the weekend I read some articles pertaining to the secular world of business that I have tried to boil down to how they will affect the death care profession/industry. One article from Yahoo Money is entitled “Making sense of the Twisted Sister labor market“. You can read it here. That article points to what…
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On Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677. On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021. That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to…
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I think there is a lot to be said about “businesses serving their community” in appropriate ways. And, I think in funeral service as we move forward to more niche businesses that will become more and more evident. You can read in this article from the Vashon-Maury Island Beachcomber, how a funeral home and the…
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