Carriage Services reported 3rd Quarter 2023 financial numbers last week in their 3Q 2023 Report that you can access here, and in that report they showed Total Revenue growing to $90.5 million for the quarter and Net Income dropping to $4.6 million for the same period. That compares to 3Q 2022…
Sometimes we have to be reminded of how wide reaching a career in mortuary science can be. I’ve been an advocate of mortuary schools not only training students to become competent morticians but of also asking them to teach Financial Literacy and Business Economics so that those who begin as embalmers and…
Going back to this August article from Donnelly Financial Solutions they believe that merger and acquisition activities were low earlier in 2023 because, at least in part, “Rising interest rates made it unappealing to borrow money. Inflation shifted company focuses elsewhere. (and) Global volatility also swayed companies to press pause on M&A activity.” Nonetheless,…
Service Corporation International (SCI) reported 3rd Quarter financial numbers for 2023 last week which we highlighted in Monday’s edition of Funeral Director Daily. Today, we perused the company’s earnings call of last week to try to find some insight into the questions those in the profession are asking at this point in time.…
When I served on the Board of Regents for the University of Minnesota it was the first and only board representing the citizens of my state that I had the privilige to govern on. With that privilige I also felt a huge obligation to make sure that I heard “both sides” of…
BUSINESS
“It is the Night of our Dear Savior’s Birth”
O, Holy night! The stars are brightly shining It is the night of our dear Savior’s birth O night divine, O night when Christ was born O night, O Holy night, O night…
This Christmas: “Count Your Blessings”
We all worry — probably too much. We worry about finances, we worry about weather, we worry about our children. Trust me, I think everybody worries a lot — like I said, probably…
Everstory Partner’s Cedar Hill Funeral Home completes renovations
Everstory Partners, who may be the nation’s 2nd largest Death Care provider by serving over 65,000 families per year, recently announced completed renovations at their Cedar Hill Funeral Home just outside Washington, DC. This…
FINANCE
The Question: “How does the economy look for 2026?” , The Answer: “Depends on who you ask?”
The overall economy and, more importantly, the way consumers and Death Care clientele feel about their individual situations has some effect on purchases of Death Care products and services– both Pre-Need and At-Need. It’s…
Everstory Partner’s Cedar Hill Funeral Home completes renovations
Everstory Partners, who may be the nation’s 2nd largest Death Care provider by serving over 65,000 families per year, recently announced completed renovations at their Cedar Hill Funeral Home just outside Washington, DC. This…
Pinnacle Funeral Service makes Green Bay acquisition
We learned earlier this week that Pinnacle Funeral Service, a funeral home owner and operator based in St. Petersburg, Florida, has acquired the Malcore Funeral Home & Crematory as well as Simply Cremation in…
REGULATIONS
New York audit of state funeral industry finds “Red flags”
A recent report (November 2025) from the State of New York Department of Health with the results of an audit “which covered April 2019 through November 2023, concluded that the state Department of…
Missing body causing problems between family and cemetery
According to details in this article from CBC Canada Royal Air Force glider pilot veteran Gordon Patrick was buried at the Green Acres Cemetery outside of Winnipeg, Manitoba, following his death in 1973. …
Subject of iconic “Homecoming” photo died on Veterans Day
This is Thanksgiving weekend — a time to reflect and give thanks for the lives we are living. Those of you who are old enough will remember back in 1973 a time when our…
CEMETERY
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
The Green Funeral movement is alive in New York City
Amy Cunningham is a friend of mine. She was a writer/editor who has become a funeral director and she has teased me that I was a funeral director who has became a writer/editor with…
Opinion: The Jewish Faith and Cremation
I grew up in the very homogeneous community of Alexandria, Minnesota. From this Wikipedia article you can see that the city at the time of my growing up had a population of a little…
CREMATION
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
Opinion: The Jewish Faith and Cremation
I grew up in the very homogeneous community of Alexandria, Minnesota. From this Wikipedia article you can see that the city at the time of my growing up had a population of a little…
Does KFC have a template for Death Care?
Alex Fasciano, an analyst for CFRA Research suggests that quick service restaurant player KFC’s (formerly Kentucky Fried Chicken) strategy is “. .centered on driving growth through brand relevance, marketing innovation, (and) operational excellence. .…
PRENEED
More Americans take on debt to cover funerals
I came across this recent article from USA Today titled “Americans are going into debt over death. Here are affordability tips.” Reading that article led me to a survey and results from Debt.com and…
Preneed companies emerge as funeral home lending sources
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life…
Co-op Funeralcare increases “Funeral Plan” sales over 17% despite cyberattack
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to…
PRODUCTS
Cremations, and now tariffs creating headwinds for monument dealers
American monument dealers have become accustomed to dealing with the rising cremation rates in the country and the dwindling sales opportunities for cemetery monuments that fact brings. But now, according to this recent…
The Green Funeral movement is alive in New York City
Amy Cunningham is a friend of mine. She was a writer/editor who has become a funeral director and she has teased me that I was a funeral director who has became a writer/editor with…
More breakthrough technologies from OneRoom available
The streaming, recording, and re-watching of Death Care memorial events is becoming more and more a staple of what consumers are now expecting from their Death Care event professional. And much like any new…
