cemetery business
There is no doubt that the Death Care profession continues to consolidate and it is not only true of retail funeral establishments. You can read in this press release about Victoriaville & Co. announcing that they are acquiring certain assets of the Schuylkill Haven Casket Company and Columbia Caskets Corporation. Here’s what the…
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“The company’s attractive business model and growth potential made it appealing to private equity buyers.” . . That’s one of the three bullet point remarks about the proposed Park Lawn Corporation sale made at the beginning of this piece by Sandpiper Investment Research that was published Wednesday, June 12 by Seeking Alpha. Here’s…
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According to at least one website, George Gershwin’s 1934 song “Summertime” is the most covered song in the world. And, with Memorial Day just around the corner the un-official opening of Summer is upon us. Here’s a website where you can see the history of this song and how it has been performed over…
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When I think of the cemetery in my little community in Minnesota. I’m guessing, like a lot of other communities that grew up in the American “Land Rush”, the city cemetery came out of necessity. When a pioneer citizen died the custom, and more than likely, the religious way to take…
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There is no other way to say it other than to say that Security National Financial Corporation (SNFC) had a blow-out 1st Quarter of 2024 when it comes to Earnings. The company’s Earnings Before Taxes jumped 507% as compared to the 1st Quarter of 2023. Here’s part of what SNFC’s Chairman of…
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Funeral directing company A.W. Lymn of Nottinghamshire, Great Britain, has been giving the green light to construct an ancient style facility for the disposition of cremated human remains. As this article maintains, “they have been granted permission for the first and only modern barrow site in the East Midlands”. (Editor’s Note: I…
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Park Lawn Corporation revealed their 1st Quarter of 2024 financials last week and you can access them here. The 1st Quarter of 2024 marks the first quarter of operations for the company coming off the disposition via sale to Everstory Partners of 72 cemeteries and 11 funeral homes that was consumated in December…
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Service Corporation International (SCI) reported their 1st Quarter 2024 financial results last week. North America’s largest death care provider did show an increase in revenue of 1.6% to about $1.045 billion for the quarter, but showed Operating Income dropping 5.6% from the comparable 1st Quarter of 2023 and also showed a decrease of…
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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’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…
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