Finance

Daughter completes acquisitions of family’s firms

By Funeral Director Daily / June 4, 2026 /

    According to this article from the Delaware County (PA) Daily Times Bridget Monaghan Wibble has completed the purchase of the historical Oliver H. Bair Funeral Home that was owned by her father since 2007.  Included in the ownership are the Montrose Cemetery and Memorials in Upper Darby and the Cumberland Cemetery in Middletown…

Funeral homes in Michigan change hands

By Funeral Director Daily / May 26, 2026 /

  “It’s been a good run.”  That’s what funeral director John Kaatz said according to this newspaper article announcing the sale of four funeral homes that he was associated with.   Kaatz, who succeeded his father in the operation of Kaatz Funeral Home and eventually owned facilities in four Michigan cities, reflected on his career…

Everstory Partners recognized as a “Great Place to Work” — Again!

By Funeral Director Daily / May 22, 2026 /

  StoneMor Partners left the world of public companies and was taken private by Axar Capital Management in November 2022.  At the time StoneMor was arguably, by revenue, the second largest company in Death Care.  Second only to Service Corporation International and, in revenue, ahead of Carriage Services and Park Lawn Corporation at the time.…

Security National Financial Corporation 1Q 2026 Memorial Group: The Good and the “Not so Good”

By Funeral Director Daily / May 20, 2026 /

    Security National Financial Corporation (SNFC), the Utah-based company that serves the Death Care profession through their funeral homes, preneed insurance, and other financial tools issued their 1st Quarter 2026 financial report last week.  In that press release that you can access here you will note that Total Revenues dropped 3.6% from $82.7 million…

Despite management upheaval, Park Lawn acquisitions keep rolling along

By Funeral Director Daily / May 19, 2026 /

  It was only a month ago, on April 15, that Funeral Director Daily published this article titled “Park Lawn Corporation update:  Dodds also reported to be leaving”.   The sudden departure of Park Lawn Corporation executives that included President Jennifer Hay, Chief Operating Officer Matt Forastiere, and company executive Jay Dodds was a shock to…

Rollings Funeral Service adds Michigan funeral home to the fold

By Funeral Director Daily / May 18, 2026 /

  In a recent press release Rollings Funeral Service, a privately held funeral home operator based in Peachtree City, Georgia, announced a partnership with the O’Brien-Sullivan Funeral Home.  Here’s part of the press release as it came from Rollings Funeral Service,   “Rollings Funeral Service is proud to announce its recent partnership with O’Brien-Sullivan Funeral…

Carriage Services Earnings Call: Look for an acquisition announcement . . . and back to the basics in building market share

By Funeral Director Daily / May 15, 2026 /

Last week Carriage Services reported their 1st Quarter of 2026 Financial Results and also conducted their Earnings Call with stock analysts.  You can read Funeral Director Daily’s article on the 1Q26 earnings here.   Today, as we always do with company’s Earnings Calls, we will pick out some information from the transcript, including some of…

Matthews International Earnings Call: Memorialization business, more acquisitions such as the Dodge purchase in the works?

By Funeral Director Daily / May 13, 2026 /

Funeral home and cemetery products supplier Matthews International reported their January thru March 2026 earnings on April 30.  The next day company CEO Joseph Bartolacci and company CFO Daniel Stopar answered questions from stock analysts pertaining to that earnings report.  As you may know Matthews International is the parent company of Matthews Environment Solutions (cremation…

SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing

By Funeral Director Daily / May 11, 2026 /

  Service Corporation International reported on their 1st Quarter of 2026 about ten days ago and then followed that up with an Earnings Call with stock analysts that follow the company.  As usual Funeral Director Daily took a look at the Earnings Call transcript which you can access here and decided to lay out some…

Carriage CEO Quezada: “Carriage is well positioned to accelerate our return to purposeful growth”

By Funeral Director Daily / May 8, 2026 /

Carriage Services, an American public company and operator of funeral homes and cemeteries, reported on their 1st Quarter of 2026 on Wednesday.  The report showed progress on the company’s three-year quest of strategic internal improvements leading to their ability to re-enter a growth phase of their business as CEO Carlos Quezada makes known in a…