cremation
The Cremation Association of North America (CANA) recently wrapped up its 104th Cremation Innovation Convention in Atlanta, Georgia. More than 60 exhibitors offered solutions for business to all kinds of convention attendees. Barbara Kemmis, Executive Director of CANA made these comments, “After two years of pivoting, it was wonderful to be surrounded again by the…
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Funeral directors come with all kinds of interests and backgrounds. What makes them so interesting is the diverse backgrounds, cultures, and interests that are found among them. But the good ones all have the commonality of becoming ambassadors for the profession simply by plying their trade to humanity. Today, Funeral Director Daily tells you about…
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This recent article was published by Financial Content in Australia about the low-cost preneed market and made the comment, “This rise and popularity of ‘low cost’ prepaid funerals have taken the death care industry by surprise. With household budgets increasingly coming under strain from rising inflation, cost considerations are likely to come even more to…
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Earlier this summer we brought you this article which brought information that parent company Hillenbrand Industries was contemplating “strategic alternatives” for its Batesville division. Last week Forbes contributing writer Jim Osman expressed in this article his opinion that the Batesville division should be “spun-off” from Hillenbrand in order to unlock “shareholder value”. Osman contends that…
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Security National Financial Corporation (SNFC) is the last of our seven companies that comprise the Death Care Index (DCI) to report financial numbers for the April thru June 2022 period. . . which they did last week. You can see the SNFC press release and numbers here. As you may know, SNFC operates three divisions…
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Parting Stone, the company that has pioneered the “solidified remains” method for cremated remains was informed by New Mexico Governor Michelle Lujan Grisham that they had received $150,000 from the state’s Local Economic Development Act (LEDA) to grow their employment numbers in their Santa Fe facility. In the press release from the Governor’s office that…
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As we have previously reported, StoneMor Inc. is in the middle of a proposed take-private merger movement led by the companies largest shareholder, Axar Capital. (Here is our article entitled “StoneMor agrees to Axar Capital Managment buyout”). That merger continues to move forward with the offering price of $3.50 per share now moving into a…
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It isn’t very often when you hear of a bona-fide superstar in their athletic field that just can’t seem to wait for the next chapter of their life to start. However, that is where WNBA superstar Sylvia Fowles finds herself as she has counted down the last weeks and days of her 15-year WNBA career. …
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The Choice Mutual annual survey on American burial preferences, that you can access here, has been released and it shows that preference for Natural Burial dispositions has grown since the 2020 survey while the preference for traditional services and cremation has declined. To be sure, Natural Burial only shows a preference of 10% of the…
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Last week the largest public company in the death care space, Service Corporation International, reported their 2022 2nd Quarter and Half-Year financial results. For the quarter which encompasses the April thru June 2022 calendar dates, company wide revenue rose to $990.9 million as compared to the same period of last year which totaled $987.5 million.…
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