Funeral Director Daily
Yesterday it hit the United States business markets that InvoCare, Australia’s largest death care provider was offered AUS$ 1.81 billion in a non-binding take-over offer. According to this article on the subject from Reuters, that would equate to an offer in the amount of US$ 1.22 billion. The offer has came from…
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If funeral homes are going to continue to serve their communities with full service, they have to be profitable. Many funeral homes have seen margins erode as families choose less service and other death care competitors move into their service areas. Our friends at “2 Guys and a Question” podcast ponder that…
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Park Lawn Corporation (PLC) released their 2022 4th Quarter and 2022 Year-End reports last week. In doing so they announced that their Revenue numbers for both the quarter and the year increased while their Net Earnings decreased in comparison to the 2021 4th Quarter and 2021 Year-End. You can see the press…
Read MoreLast week I had a two hour drive and set my radio to a station on Sirius that featured a news talk show. What was highly unusual was that the group of well-known broadcasters started talking about death care and then started talking about what their wishes would be for their own…
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Robert L. Waltrip, age 92, founder of death care company Service Corporation International, died on Monday, February 27, 2023. A Celebration of Life service is scheduled for today (March 2). Interment is scheduled in the Reflection Garden of Memorial Oaks Cemetery in Houston, Texas. You can access an obituary powered…
Read MoreFuneral director Collin Bourgeois made this comment in this article from CBC, “I certainly tried to retire. It lasted three weeks.” Bourgeois is a funeral director and owner of and operator of a funeral business with three locations in northeastern Ontario. After 45 years in the business he’s staying on the job…
Read MoreEditor’s Note: This article was scheduled for earlier this morning but for some reason was not picked up by our email subscription service. . .Well, better late than never. Sorry for the inconvenience. Here is the article you should have received earlier today: Sometimes things happen that can turn a fundamental business upside…
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We are a little bit late this month but here are the stories that our readers found most interesting over the last 30 days. . .well, actually the 30 days from January 15, 2023, to February 15, 2023. There’s something for everybody in these articles — acquisitions, buy-outs, local promotion, corporate thoughts, and…
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Funeral home and cemetery operator Carriage Services reported their 4th Quarter and Year End Financial Reports last week. You can access that report here. In doing so they reported that the number of “Services” the company conducted had dropped 2.9% as compared to the yearly results for 2021. The company conducted 47,184 services…
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