Posts

SCI Year-End Results: Revenue Up, Service Case Volume Down, Preneed brings questions

By Funeral Director Daily / February 17, 2025 /

    Service Corporation International (SCI) reported its 4th Quarter of 2024 as well as its 2024 Year End results last week.  Being as large a Death Care company as they are it is probably as close as one gets to an annual report on the status of Death Care in the North America when…

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Authorities “claw back” about 10% of defunct preneed losses

By Funeral Director Daily / February 14, 2025 /

    Funeral Director Daily recently learned that holders of pre-need funeral plans from Safe Hands Plans, Ltd. will initially receive about 10% of their investment back as authorities have “clawed back” funds from resources left when the company was declared insolvent in 2022.  It is estimated that 46,000 consumers had invested in the British…

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The blueprint for 21st century modern funeral facilities

By Funeral Director Daily / February 13, 2025 /

    There are lots of ideas how a new, contemporary, 21st Century physical funeral establishment should look like and function.  I don’t think anybody knows exactly what that is, or even if there is a one-size fits all best practices solution to the question.   However, it is probably a fair assumption that like…

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Matthews International Earnings Call: “Unit volume declines for caskets”

By Funeral Director Daily / February 12, 2025 /

    Yesterday Funeral Director Daily’s feature article was about Matthews International and its 1st Quarter 2025 Fiscal Year results press release.  As we digested that report, which like many public company reports, is big on numbers and sometimes small on the underlying issues and causes, we were informed that Matthews International had suffered a…

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Pinnacle/Rollings add staff. . . .importance and presence of non-public companies seems to be growing

By Funeral Director Daily / February 12, 2025 /

    We received an e-mail last week that announced “Pinnacle Funeral Service and Rollings Funeral Service are proud to announce that Nancy Weil has joined the team as Director of Community Outreach. . . . .Nancy’s career includes serving as the Membership Director for the Order of the Golden Rule (OGR) for the past…

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Matthews International 1Q 2025: Memorialization segment sales drop 8.5%

By Funeral Director Daily / February 11, 2025 /

  Suffice it to say that if you are in a C-Suite office at Matthews International you probably have a lot on your plate right now.  Amidst other items that we will report on later including a large shareholder’s discontent leading to Board member nominations, the sale process of the SGK Brand segment, and an…

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Trump and Musk. . . .Can you learn from their cost efficiency mandate?

By Funeral Director Daily / February 10, 2025 /

    President Trump and his Department of Government Efficiency (DOGE) leader Elon Musk are rapidly looking at costs that are currently in the government budget that may be able to be whittled out.  It may not be perfect and it may not even be proper — as is discussed in this Yahoo Finance article…

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Death Care investments. . . . an interesting observation

By Funeral Director Daily / February 7, 2025 /

    There has been a lot written about the stock markets in the two weeks of the Presidency of Donald Trump.  So much seems to depend on what the item of the day with President Trump is and that item seems to move markets one way or another.   I’m an amateur investor and…

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Funeral homes receive rare “Letters of Assurance” from public authorities

By Funeral Director Daily / February 6, 2025 /

    Every day I search out articles about Death Care services to provide me with information on topics of interest in our profession/industry.  One of the things that has been extremely disappointing to this life-long funeral director and funeral home owner is the amount of negative publicity our profession piles on itself because of…

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Death Care: “Who will be closer to the consumer?”

By Funeral Director Daily / February 5, 2025 /

    Last Monday China shook the financial markets by unveiling that their Aritificial Intelligence capabilities from a company called “DeepSeek” seemed to be further along in developing AI than American counterparts such as Nvidia. . . and doing so with a less expensive model.  That moved the financial markets among AI developers such as…

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