cemetery
StoneMor Partners, the Pennsylvania operator of funeral homes and cemeteries announced First Quarter 2019 results last week. The company, which is in what CEO Joe Redling says is an “operational reorganization” continues to see revenues lower and losses larger than the comparable quarter one year ago. For 1Q 2019 revenues amounted to $71.5 million as…
Read MoreI mentioned earlier this week that I spent last week in Las Vegas with about 150 people in our profession. Lots of items get bantered about at this event and one that was visited about quite frequently last week was the opening of Tulip Cremations. While I have only anecdotal knowledge of Tulip Cremation, I…
Read MoreHouston based funeral home and cemetery consolidator and operator Carriage Services reported its 1st Quarter 2019 results yesterday. Their report somewhat parroted industry leader Service Corporation International’s report from a week ago in that “Same Unit” revenues dropped. In Carriage’s case, however, even with new acquisition revenue added in, their 2019 revenues of $69.1 million…
Read MoreVirtually every week that I follow articles on the death care industry I will see an article like this one from CBS Local in New York that pertains to a neighborhood group banding together to stop the construction of a new crematory in their area. This article, which includes a news video, comes from Middletown…
Read MoreWe saw a couple news items that were fairly unique as to their content and thought that we would bring our readers both of them today with very little commentary on our part. The first item that we found concerned a funeral home in Nova Scotia, Canada, where the public service is warning against crematoriums…
Read MoreI saw an article earlier this week from Seeking Alpha that you can read here that retailer Nordstrom’s sales increased year over year for the year 2018 by 2.3%. What really hit me about the number though was as I read farther into the article I found out that Nordstrom’s brick and mortar stores suffered…
Read MoreWhile I was researching for articles for today’s post it just hit me as I looked at the articles and I realized that just about everyday some funeral director is written up in their local newspaper because what they have meant to their community. Most of us are happy to be in the background just…
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