SCI sees “more mortality” than expected. . .What’s behind it?. . .I don’t think this will surprise you

By Funeral Director Daily November 9, 2022

Because I report on them, and partly because I just like learning what is happening, I generally read the “Earnings Call Transcripts” that take place every quarter between the public company death care executives and the financial brokers that cover their companies.  If you’ve never read these they end up being a “give and take”…

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Federal Trade Commission apparently set to revise “Funeral Rule”

By Funeral Director Daily November 8, 2022

I’ve worked almost my entire career under the Federal Trade Commission’s (FTC) “Funeral Rule”.  The rule, for all practical purposes, required me to introduce “price” into the conversation whenever someone either called the funeral home or walked into the funeral home and asked about funeral, cremation, or memorial services.  It also required me to hand…

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StoneMor completes merger with Axar Capital. . . becomes a private company

By Funeral Director Daily November 7, 2022

Last week death care property owner and operator StoneMor announced, in this press release, that they had completed their merger with Axar Capital Management whereby StoneMor will become a private and wholly owned subsidiary of Axar Capital Management.  Prior to this “take private” movement, which was announced in this May 25, 2022, press release, Axar…

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Titan Casket scores positive PR from Taylor Swift video

By Funeral Director Daily November 4, 2022

The streets of Death Care and the avenues of Entertainment don’t seem to collide too often at an intersection.  But every once in a while they do and when they do it generally leads to some publicity.  According to this article from Bloomberg that intersection just happened with a highly performing music video by artist…

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SCI reports 3Q revenue decline. . .CEO Ryan “These results significantly exceeded our expectations”

By Funeral Director Daily November 4, 2022

North America’s largest business in the death care industry, Service Corporation International (SCI) reported their 3rd Quarter 2022 financial results earlier this week.  The results show a decline of about 5.5% in total revenues for the quarter as compared to the same quarter of 2021.  The 3Q 2022 revenue number was $977.7 million as compared…

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BUSINESS

Matthews International reports Fiscal Year ’25 and 4th Quarter ’25 results

By Funeral Director Daily | December 1, 2025

    Matthews International is a company that in 2025 received over 50% of its revenue from what they call their “Memorialization” segment.  That segment consists of Aurora Casket, Matthews cremation products, and a complete…

Happy Thanksgiving — Enjoy, food, family, and football!!!

By Funeral Director Daily | November 27, 2025

  This year for my evening devotions I am using a book of daily notes by Billy Graham titled, “Wisdom for Each Day“.  It was in the back of my mind to write something for…

62 Years ago this week. . . . the story of the Kennedy casket

By Funeral Director Daily | November 26, 2025

  Imagine it is lunch time at the funeral home you work at when you get a call from the hospital two miles away that you need to immediately bring the best casket you have…

FINANCE

Security National Financial’s 3rd Quarter: Cemeteries/Mortuaries are the bright spot

By Funeral Director Daily | November 19, 2025

    Security National Financial Corporation, the Utah-based public company with parts of its operation in the Death Care segment, reported their 3rd Quarter 2025 financials last week.   When the President of the company,…

Wealth generation, private equity, funeral homes — Will this period last forever?

By Funeral Director Daily | November 17, 2025

  The Wall Street Journal in this recent article (you may find a paywall here) estimates that over the past 5 years Americans have gained a total of $63 trillion in personal wealth.  And, this…

Seeking Alpha author says “Carriage Services is coming back to life”

By Funeral Director Daily | November 14, 2025

    Seeking Alpha author Daniel Jones made the following comment in this opinion article titled “Carriage Services is coming back to life” published last week about the company:   “. . . I believe…

REGULATIONS

Subject of iconic “Homecoming” photo died on Veterans Day

By Funeral Director Daily | November 28, 2025

  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…

Happy Thanksgiving — Enjoy, food, family, and football!!!

By Funeral Director Daily | November 27, 2025

  This year for my evening devotions I am using a book of daily notes by Billy Graham titled, “Wisdom for Each Day“.  It was in the back of my mind to write something for…

Turning golf courses into cemeteries. . .here’s a city that wants to do just that

By Funeral Director Daily | November 13, 2025

  Golf courses, in this day and age, are incredibly expensive to build.  It’s not only the land acquisition costs but you have the costs involved in shaping the fairways and the greens, building a…

CEMETERY

62 Years ago this week. . . . the story of the Kennedy casket

By Funeral Director Daily | November 26, 2025

  Imagine it is lunch time at the funeral home you work at when you get a call from the hospital two miles away that you need to immediately bring the best casket you have…

Turning golf courses into cemeteries. . .here’s a city that wants to do just that

By Funeral Director Daily | November 13, 2025

  Golf courses, in this day and age, are incredibly expensive to build.  It’s not only the land acquisition costs but you have the costs involved in shaping the fairways and the greens, building a…

Socialism in NYC and Death Care

By Funeral Director Daily | November 12, 2025

  The election of Democrat Socialist Zohran Mamdani as Mayor of the city that many refer to as the “World’s Financial Center” has brought about questions on what might change.  Most of those questions deal…

CREMATION

Does KFC have a template for Death Care?

By Funeral Director Daily | November 24, 2025

  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. .…

Cremation Air: A new service to help funeral homes

By Funeral Director Daily | November 20, 2025

  Funeral Director Daily learned last week that one of the best known names in Death Care was branching out to continue to help funeral directors.  The Czachor family, founders of the leading funeral home…

Socialism in NYC and Death Care

By Funeral Director Daily | November 12, 2025

  The election of Democrat Socialist Zohran Mamdani as Mayor of the city that many refer to as the “World’s Financial Center” has brought about questions on what might change.  Most of those questions deal…

PRENEED

Preneed companies emerge as funeral home lending sources

By Funeral Director Daily | October 3, 2025

    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

By Funeral Director Daily | October 1, 2025

  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…

Acquiring client families — “Any Which Way You Can”

By Funeral Director Daily | September 30, 2025

    As so often happens in my world I’ve had some real life and/or businesses experiences or discussions in the last week or ten days that has made me think about Death Care.  And,…

PRODUCTS

Matthews International reports Fiscal Year ’25 and 4th Quarter ’25 results

By Funeral Director Daily | December 1, 2025

    Matthews International is a company that in 2025 received over 50% of its revenue from what they call their “Memorialization” segment.  That segment consists of Aurora Casket, Matthews cremation products, and a complete…

Transformation continues — You can’t afford to be left behind

By Funeral Director Daily | November 25, 2025

  Simply as a member of a community I was again reminded this past week that transformation, and especially technology transformation, continues to happen at a rapid pace in the Death Care profession.  Last week…

Cremation Air: A new service to help funeral homes

By Funeral Director Daily | November 20, 2025

  Funeral Director Daily learned last week that one of the best known names in Death Care was branching out to continue to help funeral directors.  The Czachor family, founders of the leading funeral home…