Finance
Carriage Services, the funeral home and cemetery consolidator and operator whose latest fact sheet reports that the company operates 155 funeral homes in 24 states and 28 cemeteries in 9 states, reported their 3rd Quarter 2026 financial results on Wednesday. Here’s the prepared comments from Vice-Chairman and CEO Carlos Quezada that accompanied that…
It was only ten days ago that Funeral Director Daily brought you this article about Park Lawn Corporation adding to its Illinois cluster by purchasing two funeral homes northwest of Chicago. We now have learned that another funeral home located in the greater Chicago suburban area has changed hands. This one, as you…
As has became our custom at Funeral Director Daily, as public Death Care companies report their quarterly financial results we comment on those and then we check the company’s Earnings Call for answers that management may give stock analysts to bring more insight to those results. In general, Funeral Director Daily brings…
In my opinion, it wasn’t an unreasonable or surprise 3rd Quarter 2026 report by Service Corporation International (SCI). Here’s what SCI CEO Thomas Ryan said in his opening statement from the report that you can access here: “Today, we reported adjusted earnings per share of $0.97 and adjusted net cash provided by…
My mind was somewhat “boggled” the other day when I saw an intricate graph-form portrayal about how the companies involved in computer chip, artificial inteligence, and other technological systems are so interelated with loan agreements, purchase agreements, and in some cases, equity ownership. For instance, I’m a stockholder in the company Broadcom. If…
As certain as the Minnesota weather will turn chilling cold in January you can count on at least one of the national acquisition and consolidation funeral home companies to announce an acquisition on the verge of the National Funeral Directors Association convention. It’s my opinion that an announcement on the verge of the convention…
At the end of September public company funeral home and cemetery consolidator and operator Carriage Services made some moves that they hope will enhance their long-term flexibility. In essence, Carriage Services made this announcement that explains that they have upped their capacity for their Revolving Credit Facility from $250 million to a $300…
This recent article from the Waco (TX) Tribune-Herald will give you full information on the recent purchase of the business assets of the historic Connally-Compton Funeral Home in Waco, Texas, by the Park Lawn Corporation. The purchase is interesting in one sense because it appears to be from Service Corporation International (SCI)…
Acquisitions are big in Death Care. . . .and we are being told that with so many retiring funeral home owners. . . about to become bigger. If that is the case, we will have many people in our profession starting to ask the question, “How much is my funeral home worth”? I’ve…
Propel Funeral Partners, the largest public Death Care company and 2nd largest Death Care company in Australia and New Zealand, presented their Fiscal Year 2026 Annual Report at the end of August. The report covers the 12-month period ending on June 30, 2026. In looking over the report it is, in my opinion,…
