Finance

A Look at Funeral Industry revenues — some interesting observations

By Funeral Director Daily / March 24, 2025 /

    Where will future revenue growth for the funeral industry come from?  That’s a thought that I have after I did a small study or exercise on growth revenues for certain industries.  While my study is not scientific I looked at selected companies to gain an idea of how well the respective industries are…

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Propel Funeral Partners picks up two locations at 2x Revenue

By Funeral Director Daily / March 20, 2025 /

  According to this February article from Sharecafe of Australia, public funeral home consolidator and operator Propel Funeral Partners recently has executed agreements on the purchase of two historical funeral homes in New Zealand.  According to the article it brings the company’s operations up to 198 facilities which includes 38 cremation facilities and 9 cemeteries.…

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Milestone Funeral Partners hires M&A expert

By Funeral Director Daily / March 13, 2025 /

I like to stay in the know about all of the National and Regional funeral home and cemetery acquisition and operating companies.  Sometimes though I’m surprised by the growth of these companies over time if I have not checked in regularly.   I had that feeling the other day about Milestone Funeral Partners when I…

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New Advisory Group formed at Foundation Partners

By Funeral Director Daily / March 12, 2025 /

    New Foundation Partners Group CEO John Smith didn’t waste any time in forming a group of former owners to learn more about the Death Care business.  Smith, with lots of management experience but none in the Death Care realm was hired by Foundation Partners Group (FPG) earlier in 2025.  Here’s a Funeral Director…

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Carriage Services Earnings Call: Lots of cliches come to mind

By Funeral Director Daily / March 5, 2025 /

  I recently read the Carriage Services Earnings Call transcript from last week which pertained to the company’s 4th Quarter of 2024 as well as their financial year end for 2024.  It’s interesting that as I read the transcript, which you can access here from Seeking Alpha, several well-meaning cliches came to my mind. .…

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Carriage Services: Executing on Plan?

By Funeral Director Daily / March 3, 2025 /

  Last week public funeral home and cemetery consolidator and operator Carriage Services released their 4th Quarter 2024 and Year End 2024 financial results.  One of the items that the company mentioned in the press release which you can read here is “lower volumes we began experiencing in October”.   I mention that simply because…

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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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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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