Finance
Park Lawn Corporation revealed their 1st Quarter of 2024 financials last week and you can access them here. The 1st Quarter of 2024 marks the first quarter of operations for the company coming off the disposition via sale to Everstory Partners of 72 cemeteries and 11 funeral homes that was consumated in December…
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Editor’s Note: This was our feature article for last Friday morning. However, for some reason still unknown to us, the server we contract to support our website was down for a few hours early in the morning. So, if you missed this article, here it is. . . . Matthews International reported their…
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Funeral home consolidator and operator Carriage Services reported their financial results for the 1st Quarter of 2024 last week. In the Earnings Call following the release of the financials Carriage Services CEO and Vice-Chairman of the Board Carlos Quezada commented that the $100 million in quarterly revenue for the company represents “A significant…
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Service Corporation International (SCI) reported their 1st Quarter 2024 financial results last week. North America’s largest death care provider did show an increase in revenue of 1.6% to about $1.045 billion for the quarter, but showed Operating Income dropping 5.6% from the comparable 1st Quarter of 2023 and also showed a decrease of…
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We learned late last week that CEO Kent Robertson was leaving cremation centered acquisition group and operating company Foundation Partners Group and also learned that the interim management of the Orlando, Florida, based business would be led in the interim by Chris Blackwell with assistance from former FPG CEO Bob Bukala. In…
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It was announced in this recent Pulse 2.0 article that Canada’s online-operated cremation provider Eirene has recently received over $4 million in seed funding led by Relay Ventures with participation from at least two other entities. According to the article that brings a total of $5 million in funding to the company that was…
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It was announced in this press release from last week that C&J Financial would be expanding by “becom(ing) the exclusive insurance assignments partner for Tribute Technology, taking over operations previously managed by the Tribute Insurance Assignments division”. Jamie Meredith, Executive Vice President of C&J Financial, made this prepared comment in the press release,…
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It was announced earlier this week that Starmark, a leading manufacturer of innovative funeral products, has acquired AMA Containers. AMA was originally founded in 1991 as Airline Mortuary Associates. Starmark, according to the press release, was founded in 2004 and since that time have provided what they call “Sensible Solutions®” for cremation. The press…
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Every once in a while the writers at Seeking Alpha put out an article on one of the Death Care Index stocks — Carriage Services, Service Corporation International, Park Lawn Corporation, Security National Financial Corporation, and Matthews International. When they do, we like to pass that information along to our readers. On…
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It took awhile, but Security National Financial Corporation (SNFC) finally got around to posting the results of the company’s 2023 year just last week. And, there is no doubt that SNFC’s Memorial Segment was one of the highlights of that report as that segment reported 10% revenue growth and 38% Earnings before Taxes growth…
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