Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the comparable quarter and year. They…
I’m always searching the web for things that might be tied in to the funeral/cremation or greater Death Care business world. Just the other day I came across a website for a company in the preneed arena which has a home page that states, “The Promise of Preneed“. The company is…
It seems like only yesterday that that President Trump and the United States Congress and Senate passed the Tax Cuts and Jobs Act (TCJA) that business advisor Clifton Larson Allen (CLA) states “brought sweeping tax changes to businesses and individuals”. However, it was in 2018 and to show how fast time moves, we…
Mel Payne has been listed as the co-founder, CEO, and Chairman of the Board at funeral home and cemetery operator Carriage Services since 1991. In the company’s 2023 Year End Report which was made public on February 21 of this year, the company made note that Mr. Payne “has chosen to step down from…
It has been pretty well publicized that former President Donald Trump may have assets seized by the State of New York to satisfy a judgement recently decided against his companies. Turns out that is not the only siezure battle by a state against against someone as you can see from this article in…
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…
