cremation
One of the great things in being part of the funeral, cremation, cemetery, and its supply business is that, as you work in it over time, you realize that it is a pretty small professional world and you get to know lots of people and lots of companies in the realm. Also, you realize that…
Read MoreSecurity National Financial Corporation (SNFC), the Utah public company that is partly rooted in the preneed funeral insurance and mortuary/cemetery business, recently reported its 2019 year end financial results. You can read the company’s press release on the results here. The results do say, “For the twelve months ended December 31, 2019, SNFC’s after-tax earnings…
Read MoreIn this press release that we found on the PR Newswire, funeral home operator Foundation Partners Group has announced that it is ready to serve America during the potential surge wave of COVID-19 across the country. Quoting from the release, “Foundation Partners Group , operator of more than 135 funeral homes, cremation centers and cemeteries…
Read MoreLast week Funeral Director Daily realized it could make a difference getting out information, mostly pertaining to the COVID-19 pandemic and our profession. Over a few days we attempted to aggregate information that could be useful to people in the death care professions and use our subscription base to blast that information out. Thanks to…
Read MoreOn April 2 StoneMor Inc., the cemetery and funeral home operator based in Trevose, Pennsylvania, reported their 2019 year end financial results. StoneMor, who operates 90 funeral homes and 320 cemeteries in 27 states and Puerto Rico, is the 2nd largest funeral home/cemetery operator in North America by revenue. You can access the 2019 Year…
Read MorePark Lawn Corporation (PLC), the Toronto based funeral home and cemetery consolidator and operator, reported their 2019 financial results on Monday after trading hours. The company showed mixed results by increasing their revenue by 51% to $244 million (all dollar numbers are in Canadian dollars unless otherwise indicated) but only generating an additional 2.3% in…
Read MoreWe’ve learned that we can use our subscription platform of over 1100 death care industry professionals to get valuable information disseminated throughout the profession. We’ve learned of webinars and/or panel discussions from experts in various fields throughout the profession that you can hear from free of charge. Here are a couple of these type of…
Read MoreAs we move into the weekend of this strange world we seem to be living in now, I could find any of 50 articles that tell how funeral directors need to be up to the challenge or how funeral homes may suffer financial hits because of the lack of “gatherings” that are allowed to take…
Read MoreUnlike many of you who are a lot younger than I am, I no longer am responsible for working day after day and am no longer responsible for making the everyday decisions of businesses that I was in charge of in the past. What that really means right now is that while I salute you…
Read MoreThose of us who have watched the markets over the last few weeks have seen a deterioration in the value of our private investment portfolios. What has happened in the broader market is also indicative of what has happened in the death care industry with the exception of StoneMor, Inc. and its stock and valuation.…
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