Motif Investing Bullish on Funeral Industry

By Funeral Director Daily February 7, 2017

Motif Investing is bullish in the funeral industry for two reasons: aging baby boomers will increase the demand for funerals and cremations between now and 2036; and 80% of funeral providers are private which provides room for consolidation.  

Read More

Matthews Memorialization Flat in 1Q 2017

By Funeral Director Daily January 26, 2017

Matthews International announced revenue for the first quarter of fiscal 2017 (3 months ended  December 31, 2016).   You can read the earnings release here and the Seeking Alpha earnings call transcript here.  Funeral Director Daily will focus on the performance of the company’s memorialization segment which produces headstones, caskets and urns. Memorialization sales declined…

Read More

Stonemor Partners CFO departs.

By Funeral Director Daily January 23, 2017

TREVOSE, Pa., Jan. 23, 2017 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today announced that Sean P. McGrath resigned as Chief Financial Officer of StoneMor GP LLC (“StoneMor GP”), the general partner of the Partnership, to pursue business opportunities outside the deathcare industry. Mr. McGrath will remain in his current role…

Read More

StoneMor Partners L.P. Issues $20 million private placement

By Funeral Director Daily January 3, 2017

TREVOSE, Pa., Jan. 03, 2017 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today announced that on December 30, 2016, StoneMor GP Holdings LLC, the sole member and owner of the general partner of the Partnership, acquired 2,332,878 common units representing limited partner interests of the Partnership in a private placement for…

Read More

Carriage Services Acquires Rich & Thompson Funeral Services in North Carolina

By Funeral Director Daily November 15, 2016

HOUSTON, Nov. 15, 2016  Carriage Services, Inc. (NYSE: CSV) is pleased to announce that we have partnered with Rich & Thompson Funeral Services in the Strategic Market of Raleigh/Durham/Greensboro in North Carolina.  Dating back to 1913, the Rich & Thompson name has been a prominent name in funeral service in both Burlington, NC and Graham, NC.…

Read More

BUSINESS

CEO Charlie Cole, two other executives leave Tribute Technologies

By Funeral Director Daily | October 29, 2024

  At Funeral Director Daily we don’t “break news” — we report on it and offer experienced analysis, ideas, and suggestions on the news that has happened.  That being said, the headline for this article…

Observations from the “Big Easy”

By Funeral Director Daily | October 25, 2024

    I spent parts of 5 days and 4 nights in New Orleans earlier this week participating in the annual National Funeral Directors Association (NFDA) convention.  It was a time to learn new things…

Montana sees struggles with Human Remains airline transportation

By Funeral Director Daily | October 23, 2024

    Statistics tell us that over 80% of Americans live within one hour of an urban area.  If the population of the USA is about 333 million then that leaves the other 20%, or…

FINANCE

SCI 3rd Quarter 2024 – My opinion: Pretty much status quo

By Funeral Director Daily | November 1, 2024

    You can access the report on Service Corporation International’s (SCI) 3rd Quarter of 2024 here.  When you do, I’m of the opinion that you will see it looks pretty much like the 3rd…

CEO Charlie Cole, two other executives leave Tribute Technologies

By Funeral Director Daily | October 29, 2024

  At Funeral Director Daily we don’t “break news” — we report on it and offer experienced analysis, ideas, and suggestions on the news that has happened.  That being said, the headline for this article…

Seeking Alpha author anticipating Carriage Services 3Q Report this week

By Funeral Director Daily | October 28, 2024

  It’s an interesting week in the Death Care profession.  Not only do we have Halloween coming up on Thursday, but the day before that, Wednesday, October 30, both of the two largest public funeral…

REGULATIONS

Observations from the “Big Easy”

By Funeral Director Daily | October 25, 2024

    I spent parts of 5 days and 4 nights in New Orleans earlier this week participating in the annual National Funeral Directors Association (NFDA) convention.  It was a time to learn new things…

Montana sees struggles with Human Remains airline transportation

By Funeral Director Daily | October 23, 2024

    Statistics tell us that over 80% of Americans live within one hour of an urban area.  If the population of the USA is about 333 million then that leaves the other 20%, or…

Natural Organic Reduction can now be done at your funeral home

By Funeral Director Daily | October 14, 2024

    In late September we learned that The Natural Funeral of Lafayette, Colorado, was launching a program in which existing funeral homes can purchase what the company calls “Chrysalis” vessels for use at their…

CEMETERY

Last wills, charitable giving, and preneed

By Funeral Director Daily | September 18, 2024

      Central Co-op of Great Britain is an interesting company.  They are a company with a history of over 100 years and operate in the grocery, legal services, floral, and funeral business.  According…

“Place” is very important

By Funeral Director Daily | August 26, 2024

    Earlier in August I came across this feature article titled “One of Oregon’s most prominent families appears to want another family’s burial plot” from Willamette Weekly of Oregon about a disagreement in ownership…

Propel Funeral Partners announces acquisition

By Funeral Director Daily | August 14, 2024

    In a press release Propel Funeral Partners of New Zealand announced a somewhat unusual acquisition.  Propel announced in July that they had completed the acquisition of Decra Art.   Decra Art is believed…

CREMATION

Better Place Forests launches cost-conscious option

By Funeral Director Daily | October 24, 2024

    Last week we learned through this press release that Better Place Forests was offering a new product to consumers that they felt would appeal to those consumers in a cost-conscious manner.  The new…

Florida’s Van Orsdel Funeral & Cremation adds “Water Cremation”

By Funeral Director Daily | September 26, 2024

    Fifty years ago services were almost all traditional casketed funerals with earth burials.  Then, for the next 50 years cremation choice by the consumer started building until we now have an approximate 60%…

The Crematory Dilemma: Continued consumer choice vs. the NIMBY attitude

By Funeral Director Daily | September 25, 2024

    For over a year and a half Funeral Director Daily has followed the application process of the Evans Funeral Chapel in trying to locate and build a new crematory in the White Marsh…

PRENEED

Funeral Directors Life adds 48th state of operation

By Funeral Director Daily | October 11, 2024

    Earlier this week we learned that Funeral Directors Life (FDL), based in Abilene, Texas,  was approved to sell preneed insurance in the state of Virginia.  As you can read from this press release,…

Anthem Partners, Premiere Preneed, NGL form strategic relationship

By Funeral Director Daily | October 10, 2024

In what is becoming a growing trend among larger funeral home operators Anthem Partners announced in late September that they had formed a strategic alliance with Premier Preneed Marketing and National Guardian Life (NGL) that…

The Federal Funds interest rate came down, what does that mean for you?

By Funeral Director Daily | October 3, 2024

    If you ask my opinion, American borrowers have been somewhat spoiled by the low interest rates that we had had for almost the last ten years.  This article will tell you that from…

PRODUCTS

This guy wants to help your Death Care clients. . . .for free!!

By Funeral Director Daily | October 31, 2024

    Most of the people in the greater Death Care community don’t know Stephen Walter. . . yet.  However, I’ve gotten to know Mr. Walter over the past six months and know that he…

Will Cumulus become the standard in digital memorials?

By Funeral Director Daily | October 30, 2024

    I’m big on the concept of memorialization.  My life is better because those relatives that came before me left a history of their time on earth for me to grasp onto.  That history…

CEO Charlie Cole, two other executives leave Tribute Technologies

By Funeral Director Daily | October 29, 2024

  At Funeral Director Daily we don’t “break news” — we report on it and offer experienced analysis, ideas, and suggestions on the news that has happened.  That being said, the headline for this article…