cremation business
Over the past two years I’ve heard a lot about Welton Hong. It seems like many places I turn somebody has a story about how Mr. Hong has helped their funeral home with their business marketing. He’s also written the book as they say on internet marketing. . . matter of fact his book is…
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Earnings period is upon us again in the death care industry. Over the next 8 weeks the eight death care public companies that make up the Funeral Director Daily Death Care Index (DCI) will report sales and earnings for the October, November, and December periods. To those on a calendar year accounting format that will…
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Last week we received news that Foundation Partners Group, the Orlando based funeral, cremation, and cemetery business operator made another acquisition that added eight death care locations to its portfolio as well as a pet death center. The company purchased Cascade Funeral Directors, Inc. (Cascade) which encompassed the aforementioned companies. The acquisition added locations in…
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Today’s is one of those articles that I enjoy writing. . . pure speculation on my part and if I am wrong with my thought process no one really knows until later in the year when this article has been all but forgotten. Funeral Director Daily is taking today to take a speculative look into…
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I was very fortunate as a youngster because I was schooled on investments and the market by my father. Giving me, what is now termed “financial literacy”, is one of the greatest gifts I have ever received. As a matter of fact, as a board member of a Big Ten institution, I have pushed our…
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Louisiana funeral director George Charlet has summed up the cautions surrounding this year of COVID-19 deaths when he was faced with the idea of his mother going to a funeral. He commented on that idea by saying, “I just kind of wish people used more caution and took advantage of writing a condolence letter. It’s…
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Earlier this week Foundation Partners Group, the Orlando based funeral home, crematory, and cemetery operator announced that it had purchased a company that operated three locations in Southwest Florida. You can read the press release on the acquisition here. Foundation Partners Group announced that it had acquired the Akin-Davis Funeral Homes. They also announced that…
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Now that I’ve finished reporting on the quarterly reports of the large “established” companies in the death care realm, I thought it would be interesting to give my insight on a couple of companies that I think have a great potential to “grow” into larger companies or services in the future. And while Tribute Technology…
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Our reports for the period of July thru September 2020 come to an end with today’s report on Matthews International. Funeral Director Daily files reports every quarter on the eight public companies that make up our financial Death Care Index (DCI). Today’s report on Matthew’s International, which you can access here, encompasses the mentioned time…
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Park Lawn Corporation (PLC), the funeral home and cemetery operator, with headquarters in Toronto and Houston, announced their 3rd Quarter 2020 results last week. As a growth company, they continued to exhibit those traits — with revenue for the quarter growing to $83.7 million from last year’s 3Q revenue number of $66.5 million (all dollar…
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