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Security National Financial Corporation (SNFC) issued their report on their results for the 1st Quarter of 2023 last week and in doing so credited their “balanced nature of their businesses” for the performance. We follow SNFC because of their involvement in what they term their “Memorial Segment” — a portion of their…
It was announced last week by InvoCare, Australia’s largest death care provider, that San Francisco based private equity firm TPG Capital had sweetened their offer to acquire the company. As you may recall, TPG Capital made an unsolicited offer on March 7 to the InvoCare board to acquire the company for a total…
The Cremation Association of North America (CANA) has announced that the final cohort of the 2023 class for their Certified Cremation Specialist training may begin filing applications on June 1. The program is an online program that spans 17 weeks and comprises eight courses. According to the registration form that you can see…
It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business. In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…
I recently read an article in the National Funeral Directors Association (NFDA) Memorial Business Journal about what employers need to know about the increasing legalization of marijuana and how it will possibly affect employer/employee relations. Back in 1990 the American’s with Disabilities Act (ADA) was passed and put into effect…
We’ve just passed the 15th day of the month and that brings us to publishing a reprise of the top read stories of the past 30 days on Funeral Director Daily. This month we have stories on several aspects of death care including caskets, the potential dwindling number of funeral homes, selling…
The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
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…
