Batesville Casket

Batesville announces additional investment in its “Living Memorial” program

By Funeral Director Daily / August 16, 2023 /

    A press release from Batesville last week announced additional resources being put into the “Living Memorial” program by Batesville.  The company announced it “is doubling down on its mission of helping families honor the lives of those they love® with an enhancement to its Living Memorial® tree planting program that gives families the…

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“Modern Retail” tells us Titan Casket’s strategy for disrupting an industry

By Funeral Director Daily / May 3, 2023 /

    I often tell people in funeral service that with Funeral Director Daily  “I don’t break the news, I just tell those in the profession what I’ve heard, what I’m seeing, and what my opinion on the subject is.”  I’ve secured a pretty good following by doing that and giving busy death care professionals…

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LongRange Capital announces completion of Batesville acquisition. . . . retains Trainor as CEO

By Funeral Director Daily / February 3, 2023 /

    Earlier this week we received notice that LongRange Capital has completed the acquisition of Batesville.  The transaction of purchasing the Batesville Company from public company Hillenbrand Industries was announced late in 2022 and apparently now has been completed.   In addition, the private equity firm announced in this press release that Batesville CEO…

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Death Care Index mirrors NASDAQ on the year

By Funeral Director Daily / November 28, 2022 /

As we move into the final month of the calendar year it seems like no one has the financial markets figured out.  In a year of rising inflation and rising interest rates, raised with the intention of curbing the inflation, the stock market indices have looked confused as to whether the worst is past or…

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Forbes writer advocates for Batesville spin-off from Hillenbrand

By Funeral Director Daily / August 25, 2022 /

Earlier this summer we brought you this article which brought information that parent company Hillenbrand Industries was contemplating “strategic alternatives” for its Batesville division.  Last week Forbes contributing writer Jim Osman expressed in this article his opinion that the Batesville division should be “spun-off” from Hillenbrand in order to unlock “shareholder value”. Osman contends that…

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Hillenbrand ponders Batesville Casket’s future

By Funeral Director Daily / July 22, 2022 /

A press release out of Batesville, Indiana, caught a lot of the death care profession off guard on Wednesday.  That press release, which you can read here, was from Hillenbrand Industries and announced that the company would “explore strategic alternatives for its Batesville business”. Here’s what parent company Hillenbrand Industries President and CEO Kim Ryan…

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Batesville increases revenues on lower volume sales

By Funeral Director Daily / May 16, 2022 /

  Hillenbrand Industries, parent company of Batesville, reported its 2nd Quarter 2022 (January thru March) last week and with it reported that the Batesville division increased their sales over the same quarter of last year by 6% to $176 million for the quarter.  That was done, for the most part, by implementing a “price surcharge”…

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Batesville casket sales, margins both drop

By Funeral Director Daily / February 8, 2022 /

  Hillenbrand Industries, parent company of Batesville Casket, reported their Fiscal Year 2022 1st Quarter last week. The First Quarter of their fiscal year represents the months of October, November, and December 2021.  You can read the entire report on the company’s 1Q 2022 here. While Hillenbrand Industries is a conglomerate of companies, they still…

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Titan Casket shows top-line growth in 2021

By Funeral Director Daily / January 20, 2022 /

According to this article from Business Wire online retailer Titan Casket grew its revenues by 400% in 2021.  The company also disclosed that November 2021 was its “largest month ever”.   Titan was started in 2016 and allows consumers to purchase their caskets directly online for shipment to the funeral home of their choice. Titan Casket…

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How some in the secular financial world see Death Care. . . interesting articles

By Funeral Director Daily / January 4, 2022 /

I like to stay abreast of what is happening in the world of finance.  And, even though I like to stay in my lane about what I know, over the years I probably bought a stock or two in a company where I didn’t really know the inside out of how the company made its…

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