Matthews International is a company that according to this rating action from Fitch, collects 45% of its revenue from its Memorialization Segment and also brings home approximately 60% of its EBITDA from that source. As you may know, Matthews International is the parent company of Aurora Casket and Matthews Cremation and other death…
In an effort to help alleviate some of the worker shortages in the funeral home profession the State of Minnesota Legislature passed what is known as the “Transfer Care Specialist” category for funeral homes this past session. That category of workers became effective on July 1 and is now in effect. In…
A rallying cry for colonists in pre-independent America was “No taxes without representation”. That basically referred to the act of taxing the colonies through British laws where colonists had no say, or vote, in the matter. However, most people don’t realize that one of the last indignities for this growing independence movement was…
The University of Nebraska is evidently facing a $58 million budget shortfall for the coming season and ideas to eliminate it are coming forward. One such idea mentioned in this article, proposed by Nebraska regent Barbara Weitz, is to build a columbarium under the football field where departed fans can have their cremated…
In the last couple of weeks Funeral Director Daily has noticed three companies involved in the Death Care business being under review. You can read a short commentary from either Fitch Ratings or A.M. Best on the following companies: Matthews International Heritage Life Insurance Company Homesteaders Life Insurance Company Enter your…
BUSINESS
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
New York’s Green-Wood Cemetery becomes more immersive
This recent article from the Smithsonian Magazine mentions that “Brooklyn’s Green-Wood Cemetery—a sprawling, hilly burial ground filled with tombstones from the 19th and 20th centuries—has long been a destination for more than the dead.…
Is there something to learn here?
I’ll admit that I’m not the most tech savvy person when it comes to knowing how the internet and artificial intelligence might benefit my funeral home. But, I’m also a business person who is…
FINANCE
Carriage Services Earnings Call: Look for an acquisition announcement . . . and back to the basics in building market share
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,…
Matthews International Earnings Call: Memorialization business, more acquisitions such as the Dodge purchase in the works?
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…
SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing
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…
REGULATIONS
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
California county sees fit to restrict Natural Organic Reduction (NOR) remains
Over the last month or so we have followed a growing discontent in Fresno County, California, and specifically an area along the San Joaquin River about the process of Natural Organic Reduction (NOR) remains…
Harvard business professor: Time to pay funeral expenses of organ donors
According to this recent article authored by Alex Chan of the Harvard Business School and Kurt Sweat of The School of Public Health at the University of Texas Southwest Medical Center “In the U.S.,…
CEMETERY
Might this be a trend in small community cemetery financing?
Nobody really likes taxes. . . .But, then again, nobody wants their loved ones forgotten either. If you are in the Death Care business you know of the costs to operate cemeteries. And,…
New York’s Green-Wood Cemetery becomes more immersive
This recent article from the Smithsonian Magazine mentions that “Brooklyn’s Green-Wood Cemetery—a sprawling, hilly burial ground filled with tombstones from the 19th and 20th centuries—has long been a destination for more than the dead.…
SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing
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…
CREMATION
Price: Calculated by Supply and Demand
I’m not an economics major but I know that the price I can charge for my goods or services is somewhat dictated by the supply and demand of those goods and services. Is that…
Are we asking the right question?
Over my years as an active funeral director I would be called to the place of death and eventually ask the family before I left, “Are you thinking about burial or cremation?” If you’re…
Heating homes with cremation emissions: An ethical question?
Energy transfer is not a new science. Yet I was surprised when I read this recent article published in The World – Public Radio that was titled “How cremations are helping to heat…
PRENEED
SCI Earnings Call: CEO Tom Ryan answers on Preneed and Managing
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…
Survey finds continued growth in the Preneed market . . but, there are cracks in the armor
Preneed continues to grow. . . .but is the growth enough? That is a great question and, among other things, we will look at the percentage growth of preneed on a “revenue per preneed…
Park Lawn situation: In Substack article, author Russo opines on the events of last week
On Monday of this week Substack, under their “On Deathcare” platform released a very well researched article by author Tony Russo titled, “Why are we still pretending Homesteaders is ‘just’ a Park Lawn investor?”…
PRODUCTS
California county sees fit to restrict Natural Organic Reduction (NOR) remains
Over the last month or so we have followed a growing discontent in Fresno County, California, and specifically an area along the San Joaquin River about the process of Natural Organic Reduction (NOR) remains…
Parting Stone hires former customer and industry award recipient, continues march forward with funeral home partners
Parting Stone, the pioneer in solidified remains, announced last week in a press release that they have hired the 2025 recipient of the National Funeral Directors Association (NFDA) Inspiration Award, Katey Houston, “. .…
Batesville makes investment in Eterneva, will “leverage” client relationships
Last week Batesville announced in this press release that they had “made an equity investment in Eterneva and formed a strategic partnership with the company to expand access to custom memorial diamonds.” Batesville also…
