In an article that you can read here, Minneapolis’ famed Lakewood Cemetery announced that they will kick off a three-event concert series on April 8, 2018, with a performance by Anonymous Choir. The article states that the series, “Music in the Chapel” will feature acts that you would typically see in rock venues. Currently three…
The other day I was doing some research for the “Finance” portion of Funeral Director Daily. I like to search public companies world-wide who compete in the death care space and learn where I might be able to make a good investment for the long haul. In any regard, I was researching InvoCare Limited, Australia’s…
Just this past weekend I read an rather uneventful article about a new employee at a Tiffin, Ohio based funeral home that you can read here. The article centers on the employment of young funeral director Jacob Bowers and his relatively new employment at the Hoffman-Gottfried-Mack Funeral Home and Crematory. The article, in essence, tells…
Last Thursday, March 22, Park Lawn Corporation announced its March monthly dividend. The company retained the dividend at $0.038 per month which figures out to a yearly dividend of $0.46 per share. Park Lawn’s stock closed last Friday at $26.60 per share leading the dividend to pay a yield of 1.7%. That stock price compares…
I recently read an article in GoSanAngelo.com that you can read here that dealt with the City of San Angelo and its future plans for the Fairmount City Cemetery. A couple of years ago a master plan was funded and that plan has indicated that the cemetery should capitalize on Fairmount’s assets and make the…
BUSINESS
Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?
During this week I read two articles and when I did I wondered how the subject of each might affect funeral homes and the funeral business going forward. The articles included this one…
Take a cue from Apple. . . Sell more services
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to…
A transition in leadership at Foundation Partners Group
We learned late last week that CEO Kent Robertson was leaving cremation centered acquisition group and operating company Foundation Partners Group and also learned that the interim management of the Orlando, Florida, based…
FINANCE
Matthews works through “flat-market” quarter
Matthews International reported their 2nd Quarter financial results of 2024 last week. Their 2nd Quarter covers the period of January, February, and March 2024. You can see their results here. Revenue and even…
Carriage Services CEO Quezada on 1Q Financials: “A significant milestone for Carriage’s history”
Funeral home consolidator and operator Carriage Services reported their financial results for the 1st Quarter of 2024 last week. In the Earnings Call following the release of the financials Carriage Services CEO and…
SCI’s 1Q24 results point out some Death Care headwinds
Service Corporation International (SCI) reported their 1st Quarter 2024 financial results last week. North America’s largest death care provider did show an increase in revenue of 1.6% to about $1.045 billion for the…
REGULATIONS
Federal Trade Commission bans “Non-Compete” agreements
“This rule affects every segment of the American economy and in a simple 3-2 vote destroys billions of dollars in value that employers have spent in compensation for a covenant not to compete”. …
Dignity, care, and respect. . . bringing the fallen home
On Saturday night I was at a movie, came home and turned the television on to catch the news and learned of the missile bombardment of Israel that Iran took responsibility for. Now,…
Might the Baltimore Bridge collapse cause a “funeral tax” in Maryland?
A week ago today I woke up to the news of the collapse of the Francis Scott Key Bridge in Baltimore Harbor. It wasn’t so long ago that I was in Baltimore…
CEMETERY
County governments seem to have lots of problems, are human remains another one?
Funeral Director Daily recently learned through this article from Public Media for Central Pennyslvania that Centre County will be building a 160-unit columbarium in Zion, Pennsylvania, to house urns that have went…
America’s military cemeteries face financial backlog for upkeep and improvements
Kansas United States Senator Jerry Moran recently testified at a United States Senate Veterans Affairs Committee meeting that “When mourning a death the last thing a grieving family needs is some bureaucratic hurdle…
Looking outside the grave for cemetery revenue
Back almost three years ago in July 2021, Funeral Director Daily brought you this story of how a renewable energy company, Verogy, had put a 7,000 panel solar energy farm inside a…
CREMATION
Take a cue from Apple. . . Sell more services
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to…
Because that’s where the money will be. . . .
Again today I’m building off some of the impressions that my friend, Rolf Gutknecht of LA Ads – A Marketing Agency had during his time at the recent ICCFA Convention in Tampa. As…
Eirene receives $4 million in seed funding, expands into the United States
It was announced in this recent Pulse 2.0 article that Canada’s online-operated cremation provider Eirene has recently received over $4 million in seed funding led by Relay Ventures with participation from at least two…
PRENEED
Banks report “Weaker loan demand”, Consumers pull back on credit: What does that mean for your funeral home?
During this week I read two articles and when I did I wondered how the subject of each might affect funeral homes and the funeral business going forward. The articles included this one…
Take Ring Ring Marketing for a Test Drive
When it comes to technology I am a confessed “Novice”. And personally, with Social Media I am pretty quiet too. . . . or maybe my life is dull enough that none of…
Cash is King. . . .make sure that you turn your services into cash
Last week Funeral Director Daily published this article titled “Know your customer — How’s their credit”. That article delved into the American consumer credit profiles and why, before extending credit, you needed to…
PRODUCTS
Take a cue from Apple. . . Sell more services
Apple has been seeing sales of its iPhone declining. The product, which makes up about 1/2 of the company’s sales, dropped in sales revenue another 10% in the last quarter according to…
Technology will be/is here for your funeral home
A pager that allowed me out of the funeral home. . . .telephone transfers that allowed death calls to be “transfered” to one’s home phones. That’s about the extent of technology when I…
Because that’s where the money will be. . . .
Again today I’m building off some of the impressions that my friend, Rolf Gutknecht of LA Ads – A Marketing Agency had during his time at the recent ICCFA Convention in Tampa. As…
