cremation

Acquisitions: Two companies, two countries, two continents. . . and more

By Funeral Director Daily / August 22, 2023 /

    Today we will try to catch our readers up with what has been happening in the acquisition pipeline for a couple of the public companies. . . .   First of all, we will tell you that we received this press release last week from Park Lawn Corporation announcing the acquisition of the…

Read More

Security National bucks the trend, increases margin in 2Q 2023

By Funeral Director Daily / August 21, 2023 /

    On August 14, Security National Financial Corporation (SNFC) issued this press release on its 2nd Quarter 2023 financial results.  The company which operates in three segments — Life Insurance, Memorial, and Mortgages, saw their after tax earnings increase nearly 78% from about $3.6 million in 2Q 2022 to over $6.3 million in 2Q…

Read More

Do you know why you get your clientele?

By Funeral Director Daily / August 18, 2023 /

      A couple of weeks ago I was talking to a person who worked for about 30 years in death care — both as a funeral director and on the supply side of the business.  First he complimented me with some of the articles that I write about the results of funeral homes…

Read More

Funeral homes change hands. . . What’s in a name?

By Funeral Director Daily / August 16, 2023 /

      I recently read about two different funeral homes that were acquired by individual funeral directors.  More on those specific funeral homes in a minute.  When I read the newspaper articles about each it was interesting to note that one funeral home would be keeping its name, at least for some time, and…

Read More

Cycles and trends. . . how will they affect Death Care

By Funeral Director Daily / August 15, 2023 /

      For my entire life I’ve enjoyed watching what is happening around me and then trying to figure out why it is happening.  It’s kind of an odd hobby but it has proven to be a really good hobby to help one keep ahead of his competitors in business.   What I’ve deduced…

Read More

Park Lawn 2Q 2023: Revenue, Revenue per Service up, Net Earnings down. . . announces additional acquisition

By Funeral Director Daily / August 14, 2023 /

      There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week.  Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…

Read More

Does dementia reduce “funeral spend”

By Funeral Director Daily / August 11, 2023 /

    “Out of sight, out of mind”.   That’s a refrain I’ve heard often.  Generally, it refers to when you have not seen somebody or something for a length of time then that person or that thing falls out of your thought process.  It’s common sense and it happens.   At Funeral Director Daily…

Read More

Continuing to move forward. . . Thank You!!!

By Funeral Director Daily / August 9, 2023 /

      Today I want to use the Afternoon Edition to simply say “Thank You” to our readers and our sponsors.  I’m a one-man band at Funeral Director Daily and when I started blogging I never knew what kind of reception that I would have.  After an almost 35-year career as a funeral home…

Read More

Carriages Services 2Q 2023: Revenues increase but Interest expense holds back profits

By Funeral Director Daily / August 8, 2023 /

      Houston based funeral home and cemetery operator Carriage Services reported their 2nd Quarter 2023 financial report last week one day after Service Corporation International.  What may become a common theme is that the companies have been able to increase revenue quarter over quarter during the past year but those gains run into…

Read More

Updates on potential death care acquisitions

By Funeral Director Daily / August 7, 2023 /

    We reported in our morning edition on last week’s happenings in Great Britain pertaining to the proposal that Pure Cremation will be acquired by private equity firm Epiris.  We thought with that news we would try to let you know about the two other major potential acquisitions in the Death Care profession around…

Read More

[mc4wp_form id=9607]
advertise here banner