It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business. In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…
Read MoreI recently read an article in the National Funeral Directors Association (NFDA) Memorial Business Journal about what employers need to know about the increasing legalization of marijuana and how it will possibly affect employer/employee relations. Back in 1990 the American’s with Disabilities Act (ADA) was passed and put into effect…
Read MoreWe’ve just passed the 15th day of the month and that brings us to publishing a reprise of the top read stories of the past 30 days on Funeral Director Daily. This month we have stories on several aspects of death care including caskets, the potential dwindling number of funeral homes, selling…
Read MoreBUSINESS
Do Death Care consumers trade down in a weak economic environment?
Has the death care community ever studied if, when faced with economic difficulties, the purchase of death care such as funerals, caskets, cremations, and other services reflect those economic times or do…
Matthews International continues to lead Death Care Index companies in 2023
All three major indexes of the U.S. stock market, the Nasdaq Composite, the S&P 500, and the Dow Jones Industrials grew by 1% or more on Friday. That convinced me that, over the…
Pandemic’s death benefit payments come to an end. . .average award about $6,275
President Donald Trump declared a nationwide pandemic public health emergency on January 31, 2020. That public health emergency has now expired as of midnight on May 11, 2023. . . . a period…
FINANCE
Matthews International continues to lead Death Care Index companies in 2023
All three major indexes of the U.S. stock market, the Nasdaq Composite, the S&P 500, and the Dow Jones Industrials grew by 1% or more on Friday. That convinced me that, over the…
Security National Financial Corporation: Balance leads to 1Q 2023 profitability
Security National Financial Corporation (SNFC) issued their report on their results for the 1st Quarter of 2023 last week and in doing so credited their “balanced nature of their businesses” for the performance.…
TPG Capital back in the game for InvoCare
It was announced last week by InvoCare, Australia’s largest death care provider, that San Francisco based private equity firm TPG Capital had sweetened their offer to acquire the company. As you may recall,…
REGULATIONS
Pandemic’s death benefit payments come to an end. . .average award about $6,275
President Donald Trump declared a nationwide pandemic public health emergency on January 31, 2020. That public health emergency has now expired as of midnight on May 11, 2023. . . . a period…
CEMETERY
CREMATION
PRENEED
Do Death Care consumers trade down in a weak economic environment?
Has the death care community ever studied if, when faced with economic difficulties, the purchase of death care such as funerals, caskets, cremations, and other services reflect those economic times or do…
Carriage Services announces national preneed partnerships
It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company…
PRODUCTS
Do Death Care consumers trade down in a weak economic environment?
Has the death care community ever studied if, when faced with economic difficulties, the purchase of death care such as funerals, caskets, cremations, and other services reflect those economic times or do…
Matthews International continues to lead Death Care Index companies in 2023
All three major indexes of the U.S. stock market, the Nasdaq Composite, the S&P 500, and the Dow Jones Industrials grew by 1% or more on Friday. That convinced me that, over the…