Houston based funeral home and cemetery consolidator and operator Carriage Services reported its 1st Quarter 2019 results yesterday. Their report somewhat parroted industry leader Service Corporation International’s report from a week ago in that “Same Unit” revenues dropped. In Carriage’s case, however, even with new acquisition revenue added in, their 2019 revenues of $69.1 million…
I read an interesting article the other day published by Reuters out of Tokyo, Japan. It piqued my interest because I have seen in the recent past and believe going forward that new crematory facilities will continue to be a challenge to get built in locations across North America. My belief stems from the fact…
North America’s largest funeral home and cemetery operator, Service Corporation International, reported 1st Quarter 2019 results last week and you can see their press release on those results here. The company’s CEO, Tom Ryan, issued the following statement in the report. “We are encouraged as we start of 2019 on par with prior year earnings…
Washington Park Cemetery sits in suburban St. Louis, Missouri. It is a cemetery that opened in 1920 and has not accepted new burials for almost three decades according to this article in the San Francisco Chronicle. Wanda Brandon is among a group of volunteers who tend to the cemetery. She has filed a lawsuit against…
Over the last week I’ve read several articles from around the world that describe different aspects of funeral directing, working as a mortician, or operating a funeral home and the people that do those tasks. Without much editorializing on my part I am just going to present the articles for you to read. This article…
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…
