cremation
Last week you could not turn on the news without hearing of the potential for the COVID-19 virus to spread rapidly because of Thanksgiving and other upcoming holiday travel. We found a couple of articles pertaining to states and how they may handle the number of deceased bodies that may come with that potential surge.…
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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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It’s Friday and we are heading into the weekend preceding the Thanksgiving holiday. With all of the death care companies reporting earnings reports in the last couple of weeks and our coverage of those we have a few articles that we feel our readers should have access to, yet we are not able to feature…
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A couple of years ago I looked at StoneMor and their operations and told readers that they should, if they had a StoneMor competitor in their market, look at a possible acquisition of that competitor. Quite frankly, I was of the opinion that the way StoneMor was moving would probably lead to a liquidation and…
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You can read this article from Australia’s Market Herald that announced that Australia’s largest human funeral and cremation provider finalized a deal to purchase two pet cremation business in the country for a combined price of US $36.44 million ($49.8 million in Australian dollars). We learned that last week, InvoCare, purchased Family Pet Care and…
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The article that I just read was all about Cremation #17263 that was left at the York, Nebraska, non-profit known as Blue Valley Community Action of York. The cardboard box was left at a drop there in the middle of the night. It was discovered, according to the article you can read here, by volunteer…
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The history of funeral directing and funeral home ownership in the United States has been one of passing the torch to the next generation of the family to carry on. My family was no different. . . .we carried our cabinet shop, furniture store, funeral home from the 19th Century into the 21st Century. That…
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Service Corporation International (SCI) sometimes takes shots from others in the industry simply because of their size. Being the largest in any business category simply makes you an easy target. Being the largest also means you need great leadership to get on top and eventually stay there. SCI reported record revenues and earnings in the…
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Service Corporation International (SCI) 3rd Quarter 2020 revenue jumped almost 20% (19.37% actual) over the same period from 2019. In a statement issued yesterday, October 28, here is what SCI’s President and CEO Tom Ryan said of the results: ” . . . the impact of COVID-19 has increased the number of funeral services performed…
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