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 MoreTREVOSE, 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 MoreHOUSTON, 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
Legal Issues, Buying/Selling, Consumer Attitudes, and Preneed: Great webinars lined up for May
I was always told that you have to “Learn before you Earn” and now I’m told, and I believe, that “Learning is a lifetime endeavor” — meaning that you never stop learning. …
Warren Buffett: His management tips would suit your funeral home well
In 1956 stock analyst Warren Buffett formed what he called Buffett Partnership and in 1970 acquired a textile company called Berkshire Hathaway. The company assumed that name and went on to become a diversified…
FINANCE
Matthews International 2nd QTR Report: Interesting times
Funeral Director Daily presents you the final report of our hat trick of financial reports this week. Today we bring you the results of Matthews International’s operations for the period of January thru March…
Carriage Services continues “Positioning March”
I read, watch, and listen about what is happening in the Death Care business. I do that on an overall scale and I also do it with as many individual companies as possible. …
REGULATIONS
Legal Issues, Buying/Selling, Consumer Attitudes, and Preneed: Great webinars lined up for May
I was always told that you have to “Learn before you Earn” and now I’m told, and I believe, that “Learning is a lifetime endeavor” — meaning that you never stop learning. …
Trump’s first 100 Days: Any effect on funeral service?
We’ve just lived through the first 100 days of the 2nd Trump presidency. On the equity market front there has been a lot of predictions and a lot of ups and downs. .…
CEMETERY
CREMATION
Will Gen Z lead the way back to more traditional funerals?
I think it is a real longshot and we are a long way from proclaiming that the funeral is back in American culture. However, a couple of indicators show that Generation Z, those…
The Cremation Aftermarket: Here’s a great idea to spur interest and sales
If you read Funeral Director Daily and listen to me when I have a chance to be a guest on an industry podcast you know that I believe that there is a great,…
SCI’s “Non-funeral home” revenue is growing fast. . . What can we learn?
Service Corporation International (SCI), the largest funeral home operator in North America, has grown its “Consolidated Funeral Revenue” 20.8% from 2019 (the latest year not affected by the pandemic) through 2024. Their annual financial…
PRENEED
Legal Issues, Buying/Selling, Consumer Attitudes, and Preneed: Great webinars lined up for May
I was always told that you have to “Learn before you Earn” and now I’m told, and I believe, that “Learning is a lifetime endeavor” — meaning that you never stop learning. …
The Cremation Aftermarket: Here’s a great idea to spur interest and sales
If you read Funeral Director Daily and listen to me when I have a chance to be a guest on an industry podcast you know that I believe that there is a great,…
The Segmented Purchase Consumer: Are funeral homes ready?
There has been a lot of research in the past couple of years about who the “Consumers of Funerals” are. There’s been a lot of great data published — some of which is good…
PRODUCTS
The Cremation Aftermarket: Here’s a great idea to spur interest and sales
If you read Funeral Director Daily and listen to me when I have a chance to be a guest on an industry podcast you know that I believe that there is a great,…