cemetery business

Where Are Our Ethics?

By Funeral Director Daily / July 3, 2018 /

Over the weekend the Charleston (SC) Post and Courier ran an in-depth story about the death care business in South Carolina questioning the ethics, inspection department, and peer oversight of our industry in that state.  You can read the story here. What prompted the story and investigation into the death care industry was the story…

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Goatscaping Coming to a Cemetery near You

By Funeral Director Daily / June 25, 2018 /

The United States is at what some may term full capacity employment and with that comes the high price of labor.  As a matter of fact, some municipalities have instituted a $15 per hour minimum labor rule.  So, what happens if you have a cemetery to maintain and limited funds for capital equipment or just…

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Security National Memorial segment increases Sales and Profits

By Funeral Director Daily / May 21, 2018 /

Last week, public company Security National Financial Corporation reported the results of their First Quarter of 2018.  In the press release that you can read here they report that two of their three operating segments had increases in sales and profits on a year over year basis. As you may recall, Security National Financial Corporation…

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Park Lawn Corporation Reports 1Q 2018

By Funeral Director Daily / May 17, 2018 /

  After the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018.  You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…

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A Transformational Time

By Funeral Director Daily / May 11, 2018 /

Today we bring you a short, less than 3 minute video, and article that you can access here that has the CEO of death care conglomerate InvoCare speaking on why he believes it “is a transformational time” in the industry.  CEO Martin Earp, speaking with CNBC, talks of the major shift on how people are…

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Park Lawn Corporation Reports Year End 2017

By Funeral Director Daily / April 2, 2018 /

Park Lawn Corporation, the Toronto based funeral home and cemetery consolidator, released their 4th quarter and Year End 2017 results last week.  Andrew Clark, Chairman and CEO of the company stated in the release, “Overall the company continued to grow in 2017, while improving its margin profile.”  He continued, “Our goals for 2018 include increased…

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Matthews Announces Acquisition

By Funeral Director Daily / February 5, 2018 /

Last week Matthews International Corporation announced the acquisition of Star Granite & Bronze of Elberton, Georgia, for $41.2 million.  According to the release from Globe Newswire that you can read here, Star Granite & Bronze is a family-owned business that manufactures and distributes granite and other memorialization products to customers across the United States. The…

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Park Lawn Reports 3Q Results

By Funeral Director Daily / November 15, 2017 /

Park Lawn Corporation today released the results of their 3rd Quarter operations.  The company reported that their revenue increased by over 29% to a $22.4 million mark in 3Q 2017 as compared to $17.3 million in 3Q 2016.  All dollar figures are reported in Canadian dollar figures. The company had several one time non-recurring expense…

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A Sticky Situation at the Cemetery

By Funeral Director Daily / November 6, 2017 /

I read a short article and watched a newsclip the other day about a situation that has happened at a cemetery in Alexandria, Virginia.  I’m certain that this situation is not unique and many cemeteries have or will find themselves in the same situation at some time. That situation is about inadvertently selling the same…

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Stonemor Partners Reports 2017 First Quarter

By Funeral Director Daily / November 1, 2017 /

Last Friday, October 27, StoneMor Partners L.P., finally reported its earnings from the 1st Quarter of 2017 which ended on March 31, 2017.  As reported earlier the Partnership is continuing to work on its delayed filing of periodic reports with the SEC.  You can read the full report of last Friday from StoneMor here. Here…

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