Funeral Director Daily

StoneMor Partners announces recapitalization transactions and strategies

By Funeral Director Daily / July 3, 2019 /

If you follow the death care industry you would know that it is no secret that the long-term viability of StoneMor Partners has been in question. Since 2016 their publicly traded stock has dropped from over $25 per share to a low last week of $1.44 per share. In 2017 and 2018 alone the company…

Gilbert, Arizona to get its first cemetery

By Funeral Director Daily / June 26, 2019 /

To those of us who live in storied towns and communities that have been around since the before the Revolutionary War in the East and the westward land rush in the Midwest the title of this article may seem odd. Historical communities have cemeteries. . . even cemeteries that are filled with no more space…

15 month odyssey for Green Burial completed

By Funeral Director Daily / June 20, 2019 /

A written article and video news story from NBC Connecticut that you can see here tells the story of the death and eventual burial of Ms. Tessa Pascarella. The story is one of the difficulty of having a green burial on land you own and how that can be accomplished. To me, it is also…

Bank of America on Service Corporation International

By Funeral Director Daily / June 19, 2019 /

Last week a short article was written and published by the business channel CNBC on the merits of investing in death care company Service Corporation International. You can read that article here. The article states that in the majority of the last economic downturns that Service Corporation has fared better than most stocks due to…

Cemetery trends continue

By Funeral Director Daily / June 17, 2019 /

One of the things that we have noticed in our two years of searching for articles on the funeral and cemetery professions is that there seems to be no shortage of articles about cemeteries which have been around for a long time but are now, for the first time, experiencing numbing financial stress. We bring…

Another way to help

By Funeral Director Daily / June 13, 2019 /

Yesterday we told you of an effort to find unclaimed cremation remains permanent memorial places through a non-profit group. Today we just want to tell funeral home operators of another way that they can help with the final memorialization of our veterans. I never thought of this issue before, but it is out there and…

Australia. . . the harbinger of things to come?

By Funeral Director Daily / June 11, 2019 /

The funeral and cremation profession in Australia is an industry that takes in about US $ 1.12 billion in revenue each year (all amounts in this article have been converted to U.S. values). That’s only about 7% of the purported industry revenue of $16.3 billion that the United States death care profession reels in, however,…

Financial authors Duguid and DiNapoli on StoneMor Partners

By Funeral Director Daily / June 6, 2019 /

A couple of weeks ago (byline May 17) financial writers Kate Duguid and Jessica DiNapoli wrote a piece that was picked up by Reuters that you can read here. The article concerns the financial wherewithal of United States funeral home and cemetery operator StoneMor Partners LP. From our point of view, it is a very…

Security National Memorial segment increases revenue by 15%

By Funeral Director Daily / May 30, 2019 /

Security National Financial Corporation, the Utah based financial and death care company showed a total company decrease in revenue for the 2019 1st Quarter as compared to the same quarter in 2018. You can see their 1st Quarter report here which was made public on May 16. However, even as the company experienced a decrease…

Ok. . .Goat yoga. . .that is something new to me

By Funeral Director Daily / May 23, 2019 /

I understand that the cost of labor can rise and get prohibitively high. It is for that reason that creative managers look for ways to lower their costs of doing business. Funeral Director Daily did an article last year about the Laura Grove North Cemetery in Savannah, Georgia, that was doing a pilot program for…