Funeral Director Daily

Seeking Alpha author suggests that SCI is a stock you might want to hold “for a decade or two”

By Funeral Director Daily / May 15, 2023 /

    Earlier in May the largest public funeral home and cemetery operator in North America, Service Corporation International (SCI), reported on their 1st Quarter of 2023 operations.  Shortly after that, on May 8, an author from Seeking Alpha wrote an article on his opinion of SCI.  The title of that article will give you…

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Thinking of an ownership transition? Here’s some straight-forward advice on getting started

By Funeral Director Daily / May 15, 2023 /

      Depending on who you listen to you will get some opinions that over the next decade more than 50% of today’s family-owned funeral establishments will change hands.  Now, I don’t know if that is true, but there is a shifting demographic, not only in age, but in preferred geographic living locations, that…

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Burials on hold. . . . more problems at cemeteries

By Funeral Director Daily / May 12, 2023 /
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    As we continue to see less and less full casket traditional burials at cemeteries, especially rural cemeteries, we have kept you apprised about some of the issues that these long-time, old-established cemeteries face.  Most of the time the issues are those of finances — such as not enough grave lot sales, interment sales,…

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Burnout: Try to avoid it through a proper work-life balance

By Funeral Director Daily / May 11, 2023 /

    I find it very interesting in that once I pick out an article for the day that other resources about the subject just seem to pop out to me and make me notice them when I have not noticed them in the past.  I don’t know why it happens, but it does seem…

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Burnout and the funeral director

By Funeral Director Daily / May 11, 2023 /

    I’ve always loved the Spring of the year.  For us in the northern climates days are getting longer, the sun feels warmer, we can be outside without multiple layers of clothes on and the golf course opens.  Ever since I was small I’ve looked forward to this time of the year and was…

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How much government intervention is enough?

By Funeral Director Daily / May 10, 2023 /

    I think the last few years, especially in some of America’s largest urban centers, we’ve learned that the rule of law is essential in a democracy.  It’s imperative that we have laws and even business regulations so that all people play by the same set of rules.   However, sometimes it feels like…

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Carriage Services reports 1Q 2023. . .announces closing of Greenlawn acquisition

By Funeral Director Daily / May 9, 2023 /

    Carriage Services announced in this press release their operating results of the 1st Quarter of 2023.  Much like we mentioned in last week’s article on Service Corporation International (SCI), these numbers need to be looked at in the light of a reduced number of deaths in the United States for 1Q 2023 as…

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Seeking Alpha opines on Park Lawn Corporation

By Funeral Director Daily / May 8, 2023 /

    Park Lawn Corporation is expected to release the financial results of their First Quarter 2023 on May 11 — Thursday.  Last week, however, we found that Seeking Alpha authors gave an opinion on the company in which they believe “Park Lawn (is) likely to resume EBIDTA and EPS growth in 2023″.  The opinion article…

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Selling Death Care in a “Limitless” world

By Funeral Director Daily / May 8, 2023 /

    Last week I spoke in front of a small audience of funeral directors and commented on what I see happening in the Death Care world.  One of the things that I have noticed that is very similar to the funeral home world that I worked in is that death care clientele have three…

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SCI reports 1st Quarter. . . in-line with U.S. death totals

By Funeral Director Daily / May 5, 2023 /

      When public companies report their financial numbers each quarter, it is pretty much expected that matured companies have practical and easily understood numbers in comparison to what their financial numbers were for the previous comparable quarter of operations.  In that regard you would look for the results of funeral home and cemetery…

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