StoneMor Partners, the Pennsylvania operator of funeral homes and cemeteries announced First Quarter 2019 results last week. The company, which is in what CEO Joe Redling says is an “operational reorganization” continues to see revenues lower and losses larger than the comparable quarter one year ago. For 1Q 2019 revenues amounted to $71.5 million as…
Toronto based funeral and cemetery services provider Park Lawn Corporation announced last week that they have entered into agreements to acquire the assets of Horan & McConaty Funeral Services and the assets of the Baue Funeral Home Company. The press release and more information that you can read from Yahoo Finance here, indicate that the…
We have written that funeral wishes and choices by the consumer is ever expanding in the death care market. We have written that the choices and alternatives outside of traditional earth burial and cremation continue to expand. Last October we wrote about a process, created by a company called Coeio, in which a deceased is…
Part of our duty here at Funeral Director Daily is to pass information and ideas that we have learned about on to working funeral directors. By doing so, we hope to give those funeral directors additional tools to help ease the lives of those they serve. Over the years we have told you where you…
I mentioned earlier this week that I spent last week in Las Vegas with about 150 people in our profession. Lots of items get bantered about at this event and one that was visited about quite frequently last week was the opening of Tulip Cremations. While I have only anecdotal knowledge of Tulip Cremation, I…
BUSINESS
Traditional funeral homes: Is your clientele “aging out”?
That might be an odd headline for a funeral home article, but I had the thought process this week when I wondered if the market for “traditional funerals” has “aged-out”. And, if so, what…
Make sure your obituary postings get seen
It’s imperative in today’s information age where all kinds of information is available to the public that the obituaries your funeral home disseminates get seen by the appropriate audience. It’s no different than what…
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.,…
FINANCE
Everstory Partners publishes “Year in Review”
Recently private company Everstory Partners, who may be the 2nd largest Death Care services company in North America ranked on revenue, published an impressive “Year in Review” document that you can access here.…
Park Lawn Corporation makes leadership changes
Last evening funeral service publication Connecting Directors reported that Park Lawn Corporation made leadership changes earlier in the week that included the replacement of Chief Executive Officer Jennifer Hay and Chief Operating Officer…
Bitget on SCI: “. . a focus on compounding value through operational excellence and strategic acquisitions, not rapid volume growth.”
Every so often I come across an investment article that not only gives an opinion on a certain company in Death Care but also mentions the Death Care business in general and intimates on…
REGULATIONS
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.,…
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…
Future Funeral Directors: Education, License Portability, Hiring Practices all in flux
I spent six years as a board member of the University of Minnesota, which comprises the 8th largest campus by enrollment in the United States counting over 55,000 students. During that tenure I spent two…
CEMETERY
This might give a new meaning to “Permanent Memorialization”
I’m a big fan of “permanent memorialization” for the simple fact that that memorialization of that type continues to give creedence to a “life that was lived”. I’ve seen the graves and permanent memorialization…
SCI: Strategy changed in early 2000’s to target 8-12% Earnings Growth
Service Corporation International (SCI) recently participated at the J.P. Morgan Industrials Conference and were represened there by Senior Vice-President and Treasurer Aaron Foley. Seeking Alpha provided a transcript of Foley’s comments and answers…
There has to be another side to this story
Late last week Fox 6 TV of Milwaukee, Wisconsin, broke a story pertaining to Death Care that I found to be incredulous. Here’s the headline, “Milwaukee County funeral home debt; officials move to collect…
CREMATION
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…
This might give a new meaning to “Permanent Memorialization”
I’m a big fan of “permanent memorialization” for the simple fact that that memorialization of that type continues to give creedence to a “life that was lived”. I’ve seen the graves and permanent memorialization…
We’ve truly “Turned the Corner”
There is no doubt that when one thinks of the idea of an embalmer around the time of the Civil War (1860’s in the U.S.) or one known as an “undertaker” in the same…
PRENEED
Propel Funeral Partners First-Half FY2026 continues upward trends
When you look at the First-Half of the 2026 Fiscal Year for Propel Funeral Partners you will not notice anything “earth shattering”. From my point of view, when that is the case with an…
Funeral planning: There seems to be a gap between “Perception and Action”
Funeral planning is an interesting topic on an individual basis. In my opinion, regardless of your age, self-mortality is a thought all human beings have at more than one point in their lives. …
Homesteaders celebrates 120 years, $5 Billion in force
In a press release received the other day, Homesteaders Life Company, a national leader in Preneed Death Care funding announced that 2026 marks the 120th year for the company. The company issued its first…
PRODUCTS
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…
Make sure your obituary postings get seen
It’s imperative in today’s information age where all kinds of information is available to the public that the obituaries your funeral home disseminates get seen by the appropriate audience. It’s no different than what…
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…
