cemetery business
Subscription services have been around a long time. As a junior high student I can remember how Columbia House Records got their claws into you to be a customer. Remember, pick 10 albums for $2 and then subscribe to buy one per month – at the regular price – for the next 24 months? Columbia…
Read MoreSecurity National Financial Corporation, a member of the Funeral Director Daily Death Care Index (DCI) of public companies recorded 3rd quarter 2018 after-tax earnings of $2.014 million as compared to last year’s 3rd quarter profits of $1.097 million. You can read the company’s complete press release here. The company which operates in the Life Insurance,…
Read MoreIn a press release last week that we caught on Globe Newswire and you can read here, StoneMor Partners has, according to the press release, added depth to their operational management. The release highlights the hiring of four veterans who have experience in the death care industry in cemetery, funeral home, acquisition, and management roles. …
Read MoreLast week death care public company Carriage Services reported 3rd quarter 2018 financial results. It was the 3rd consecutive quarter that the company had came in with a report that was less than what analysts had expected. If you read the earnings report and the subsequent Call with Analysts that you can read in its…
Read MoreOn November 1, 2018, StoneMor Partners issued a press release that you can read here which reported it’s financial results for the 1st Quarter of 2018. That period covers the time period of January 1, 2018, until March 31, 2018. As you may know, the company is moving from a Master Limited Partnership to a…
Read MoreAfter the markets closed yesterday funeral home and cemetery consolidator Carriage Services announced their results for the 3rd Quarter of 2018. The company announced quarterly revenues of $64.2 million which was an increase of 5.2% over the same period of a year ago and a Net Income of $2.2 million – which is a decrease…
Read MoreMuch like many of you, I’m an amateur investor that likes to watch what is happening to public sector stocks in the death care industry. Today I’m going to take a look at a couple of stocks that I own in the industry – Service Corporation International and Carriage Services — and try to deduce…
Read MoreLast week we saw the American stock markets drop almost five percent before making a partial comeback on Friday. Who knows what will happen today, but depending on who you listen to the markets were spooked by rising interest rates, rising oil prices, and rising potential inflation which can cause changes in business success dependent…
Read MoreA lot happened at the end of last week in the Death Care industry and we will try to give you just a little idea of that as we catch up from over the weekend. StoneMor Partners, L.P. announced in this press release that they will be announcing a corporate transition from a Master Limited…
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