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 MoreMatthews 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 MoreTREVOSE, 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
Indiana Court: “Death Doula” does not need a funeral director license
According to this issue of the Indianapolis Star an Indiana court of appeals ruled in late August that the State of Indiana “violated the First Amendment rights of a Fort Wayne “death…
CANA’s Peer Support Meeting tomorrow night will focus on “Stress”
Dwight Thompson, a seasoned social worker, psychotherapist, and former funeral director with more than 20 years of experience in mental health and grief care will highlight the monthly interactive Peer Support meeting for…
FINANCE
Carriage Services jumps back into acquisitions with Central Florida purchase
It’s been pretty easy to recognize that the management team that replaced founder and long-time CEO Melvin Payne at Carriage Services has been building the foundations of the business in order to begin once…
Death Care Index flat Year-to-Date. . . .Carriage Services shows share price growth
There is no doubt that while many investors (and President Trump) have waited for the Federal Reserve to set lower interest rates going forward and negotiated tariff rates lots of other investors have…
REGULATIONS
Indiana Court: “Death Doula” does not need a funeral director license
According to this issue of the Indianapolis Star an Indiana court of appeals ruled in late August that the State of Indiana “violated the First Amendment rights of a Fort Wayne “death…
Funeral Directors are heroes
The beginning of a recent article on the ASD Blog, authored by Jessica Farren, had a quote without, to my knowledge, an author’s acknowledgement. I will post it here with no acknowledgement…
CEMETERY
CREMATION
Are we nearing the “Cremation Peak”?
There are some interesting survey results out that question if the United States will soon reach the “Peak Percentage” of cremation rates as the disposition of choice. Last year at this time…
Dilemma: The affluent consumer and traditional Death Care
On Tuesday morning I had to alter my running schedule because of rain showers. So, I took to our indoor treadmill to get my daily exercise and had a nice run while watching the…
Pension funds investment in Cremation is an interesting development
Pension funds and endowments have the responsibility of shepherding for safety, growth, and income their assets into a multitude of investments. I’ve learned that most of those types of investors invest in bonds…
PRENEED
What is the “Data point” for Preneed?
It’s s question that I have a hard time answering or getting an answer to. The question being, “What is the number of preneed policies a funeral home needs to write to move…
Report: Record number of preneeds sold in 1st half of 2025
It’s the end of summer in Minnesota and lots of our friends get ready to embark on the journey to warmer climates soon. So, it is a good time to say good-bye to…
Pennsylvania funeral home acquires “down and out” operator
There’s always a risk when a funeral home firm acquires another location. There’s even more risk when a funeral home acquires a location that has had its license suspended by a state board…
PRODUCTS
Dilemma: The affluent consumer and traditional Death Care
On Tuesday morning I had to alter my running schedule because of rain showers. So, I took to our indoor treadmill to get my daily exercise and had a nice run while watching the…
Tukios offers new enhancements for funeral home websites
One of the leaders in funeral technology solutions, Tukios, informed us last week that they have brought to market new enhancements for websites that will allow funeral homes to streamline event planning, registration,…