Finance

Stonemor Issues Update on Sales Team Development

Foundation Partners why I partnered
REVOSE, Pa., Feb. 08, 2017 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today provided additional data on the ongoing restructuring of its sales force.

Total salespeople within the salesforce at January 31, 2017 numbered 766, which was 81 more than the prior year comparable period.  The salesperson count at January 31, 2017 also reflects an increase of 14 individuals from the 752 reported at December 31, 2016.

The number of salespeople who made a sale during the month of January 2017 was 655, an increase of 16 from the 639 reported for January 2016, but below the 671 who made a sale in December 2016, which is principally driven by seasonality.

Salespeople within total salesforce:
As of January 31, 2017   766
As of January 31, 2016   685
Increase/(decrease)   81
As of December 31, 2016   752
Increase/(decrease)    14
Salespeople that made a sale:
Month of January 2017   655
Month of January 2016   639
Increase/(decrease)   16
Month of December 2016   671
Increase/(decrease)    (16 )

About StoneMor Partners L.P.

StoneMor Partners L.P., headquartered in Trevose, Pennsylvania, is an owner and operator of cemeteries and funeral homes in the United States, with 317 cemeteries and 105 funeral homes in 28 states and Puerto Rico.

StoneMor is the only publicly traded death care company structured as a partnership. StoneMor’s cemetery products and services, which are sold on both a pre-need (before death) and at-need (at death) basis, include: burial lots, lawn and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. For additional information about StoneMor Partners L.P., please visit StoneMor’s website, and the investors section, at http://www.stonemor.com.

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