cemetery business

Carriage Services CEO Carlos Quezada on 2023 Results: “. . instills confidence and excitement”

By Funeral Director Daily / March 1, 2024 /

  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%…

Read More

The Super Bowl, Taylor Swift, and funeral home “Influencers”

By Funeral Director Daily / February 9, 2024 /

  It’s Super Bowl Weekend and you are probably going to hear a lot about what is happening in Las Vegas over the course of the next 72 hours.  And, you would have had to be hiding under a rock to not know that superstar entertainer Taylor Swift is bringing her “influence” to the big…

Read More

Matthews reports 1Q 2024 — Sales flat, EBITDA and Profit declines

By Funeral Director Daily / February 5, 2024 /

    Matthews International, the conglomerate company with their largest portion of sales in Death Care, or what they call their Memorialization Segment, reported gross sales for their First Fiscal Quarter (October thru December 2023) of 2024 coming in at $450 million as compared to $449.2 million for the same period one year ago.  …

Read More

Crowne Vault has a product for monument delays

By Funeral Director Daily / January 30, 2024 /

    I was watching the news the other day and it struck me that the issues going on in the Middle East could again cause some of the “Supply Chain” issues that we found in our businesses across America back in 2021 and 2022.  Among those issues in the Death Care business was the…

Read More

Building a new cemetery is not as easy as Row 1, Row 2, and Row 3 anymore

By Funeral Director Daily / December 29, 2023 /

  I’m old enough to remember that one of the earliest cries for increased cremation was that cemeteries will soon take up too much space in America.  A rebuttal to that thought back in the 1980’s was always the quote “. . .if everyone in America died today we could bury them in 1/3 the…

Read More

NFDA says “Inflation has increased faster than the Cost of a Funeral”

By Funeral Director Daily / December 19, 2023 /

  In a press release from earlier in December, the National Funeral Director’s Association (NFDA) made note that in spite of the conern for inflation in the United States, a recent survey seemed to show that the cost of a funeral has increased less than the overall rate of inflation for the past two years.…

Read More

We hit on all cylinders last month

By Funeral Director Daily / December 15, 2023 /

  Let’s see. . . . History, contemporary issues such as branding your Direct Cremation, generational funeral home acquisitions, and even some information on Death Care investments. . . . our Top 5 read articles of the last 30 days hit exactly what we look for in getting all kinds of death care related interests…

Read More

PlotBox named to the Technology Fast 50 for 2023

By Funeral Director Daily / December 13, 2023 /

  Earlier this month deathtech solutions provider PlotBox announced that it ranked #27 in the 2023 Deloitte Technology Fast 50 Awards.  The Fast 50 is a ranking of the growing technology companies in Ireland.   According to a press release that you can read here, “PlotBox CEO Sean McAllister credits PlotBox’s strategy for global expansion…

Read More

Learning from, and planning for, your funeral business in this economy

By Funeral Director Daily / November 29, 2023 /

    According to this recent article from USA Today “discretionary” consumer spending is down, consumer savings rates have fell, and use of consumer credit card debt has shot up in the last quarter with its largest jump since 1999. . . . That’s probably all good information to know, but what does it tell…

Read More

Park Lawn 3rd Quarter sounds familiar

By Funeral Director Daily / November 15, 2023 /

    Last week Park Lawn Corporation reported their 3rd Quarter 2023 financial results.  Much like we found with Carriage Services, we found that Park Lawn Corporation (PLC) was able to increase total revenues but struggled to turn those increased revenues into greater Net Income for the quarter.   PLC reported a quarterly revenue increase…

Read More

Subscribe to Funeral Director Daily
Enter your email address to join 3,502 readers who subscribe to all Funeral Director articles.

advertise here banner