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…
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…
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…
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.…
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BUSINESS
Try a little kindness. . . and compassion
It’s funny how when you get older and more mature that certain situations and happenings bring back a forgotten remembrance to you. Today’s article is the result of one of those memories. …
The Thanksgiving Proclamation – 1863
Editor’s Note: It was in the middle of America’s Civil War, the year 1863, that President Abraham Lincoln decided that Americans should give “Thanks” for the blessings bestowed upon them. . . Even…
Will your interest rates be “Higher for Longer”?
You’re a funeral home or cemetery owner/operator and you are in the final stages of planning that 2025 business budget. If you have loans for livery vehicles or building improvements that are either…
FINANCE
Death Care Index up 24% Year-to-date. . . on par with other indices
Today is December 2 and we are into the last month of 2024. If you are involved in investments — and virtually everybody in this day and age of 401k’s, IRA’s, 529 Plans,…
Matthews releases quarter and fiscal year end results, stock price rises
Matthews International, which provides memorialization products and cremation solutions among its multi-faceted business segments announced their Fiscal 4th Quarter and Fiscal Year End results last Thursday. Matthews operates on a fiscal year that…
3rd QTR Net Revenue drops for Mortuary/Cemetery division at Security National
Security National Financial Corporation (SNFC) filed their 3rd Quarter 2024 Form 10-Q last Thursday and with that filing we got a look at the company’s financial results for the 3rd Quarter of 2024. …
REGULATIONS
Today is the last day for “Matching Funds” donations at Wreaths Across America. . . caravan leaves Saturday
Wreaths Across America, the non-profit organization that works with volunteers and over 4,800 cemetery locations to place wreaths on our honored veterans graves has its matching donation program in place through today where your…
The Thanksgiving Proclamation – 1863
Editor’s Note: It was in the middle of America’s Civil War, the year 1863, that President Abraham Lincoln decided that Americans should give “Thanks” for the blessings bestowed upon them. . . Even…
NFDA testifies on Veterans burial issues
We learned last week from this National Funeral Director Association (NFDA) press release that Lesley Vitter, NFDA’s Senior Vice-President of Advocacy, testified on November 13 at a Congressional House Committee hearing that concerned…
CEMETERY
Today is the last day for “Matching Funds” donations at Wreaths Across America. . . caravan leaves Saturday
Wreaths Across America, the non-profit organization that works with volunteers and over 4,800 cemetery locations to place wreaths on our honored veterans graves has its matching donation program in place through today where your…
Survey indicates the Top Location in each state for dispersal of cremated remains
In October Choice Mutual, an end-of-life burial insurance company released the results of a nationwide survey of over 3,000 individuals that, among other things, asked where in their home state would they want…
SCI opens “Nation’s First-of-its-Kind” Mausoleum
In a press release we received last week funeral home and cemetery operator/consolidator Service Corporation International (SCI) announced the opening of its new property in Sandy Springs, Georgia. According to the press…
CREMATION
Survey indicates the Top Location in each state for dispersal of cremated remains
In October Choice Mutual, an end-of-life burial insurance company released the results of a nationwide survey of over 3,000 individuals that, among other things, asked where in their home state would they want…
SCI opens “Nation’s First-of-its-Kind” Mausoleum
In a press release we received last week funeral home and cemetery operator/consolidator Service Corporation International (SCI) announced the opening of its new property in Sandy Springs, Georgia. According to the press…
Better Place Forests launches cost-conscious option
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…
PRENEED
Funeral Directors Life adds 48th state of operation
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
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?
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
Titan introduces the “Mystery Casket”
Titan Casket, the business to consumer national casket company has introduced what they term their “Mystery Casket” for sale through Cyber Monday. According to this release from Business Wire, Titan’s Mystery Casket will…
Survey indicates the Top Location in each state for dispersal of cremated remains
In October Choice Mutual, an end-of-life burial insurance company released the results of a nationwide survey of over 3,000 individuals that, among other things, asked where in their home state would they want…
More help for Children’s Grief
I was excited on Friday morning when I received some information from a reader of Funeral Director Daily. You see, I started Funeral Director Daily a few years ago with the idea that it…
