Carriage Services
Every once in a while the writers at Seeking Alpha put out an article on one of the Death Care Index stocks — Carriage Services, Service Corporation International, Park Lawn Corporation, Security National Financial Corporation, and Matthews International. When they do, we like to pass that information along to our readers. On…
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The American stock market closed on Thursday, March 28, 2024, for the last time in the calendar of the 2024 First Quarter. If you look at the results so far for the overall market for these first 3 months you would have to say that the results of the 1st Quarter as to the…
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Back in 2017 when I served on the board of the University of Minnesota I had a hand in the hiring of new Head Football Coach P.J. Fleck. Coach Fleck is still there and has had some success coaching in the Big Ten. Outside of the improvement of our team, I have…
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Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the comparable quarter and year. They…
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Mel Payne has been listed as the co-founder, CEO, and Chairman of the Board at funeral home and cemetery operator Carriage Services since 1991. In the company’s 2023 Year End Report which was made public on February 21 of this year, the company made note that Mr. Payne “has chosen to step down from…
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Our friends at Funeral365 are bringing us a free webinar where those of us with small funeral homes have the opportunity to gain insight on how the bigger consolidators are using technology to help innovate and grow. On Thursday, March 7, from 11 am until noon Eastern Time (10 am Central Time)…
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American funeral home and cemetery operator Carriage Services recently shared the results of their 4th Quarter and Year-End financials with the public. In doing so, and in spite of a continuing COVID “pull forward” impact resulting in modest declines in funeral contract volume experienced during the year, the company reported total 2023 revenues 3.3%…
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It seems that many of our readers are interested in how the public companies around the world that deal in the Death Care businesses are doing. . . .And, it also appears that they crave any information that they can find on these companies. Since there are not too many of these…
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If you are an investor — and with IRA’s and 401K plans virtually everyone is in today’s world — the month of November 2023 gave you reason for optimism. After a couple of sluggish years of investor equity growth there now seems to be a light at the end of the tunnel with…
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Carriage Services reported 3rd Quarter 2023 financial numbers last week in their 3Q 2023 Report that you can access here, and in that report they showed Total Revenue growing to $90.5 million for the quarter and Net Income dropping to $4.6 million for the same period. That compares to 3Q 2022…
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