cremation

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…

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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…

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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…

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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…

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SCI reports 2Q 2023. . . .we see a mixed bag of news

By Funeral Director Daily / August 3, 2023 /

      Service Corporation International (SCI) the largest Death Care business in North America reported their results for the 2nd Quarter of 2023 earlier this week.  They reported an increase in sales revenue of about 2.2% over the same quarter of 2022 — sales in 2Q2023 totaled $1.013 billion as compared to $990.9 million…

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Matthews CEO Bartolacci: “This is a different business than it was just 3 years ago”

By Funeral Director Daily / July 31, 2023 /

  Matthews International, parent company of Aurora Casket and Matthews Cremation, reported their 3rd Quarter 2023 results and 9-Month results for 2023 last week.  I think the overriding take on that report is that Matthews International has continued their growing revenue spurt moved mostly by their recent entrance into the energy storage solutions business.  …

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Into the weekend with InvoCare and TPG Capital

By Funeral Director Daily / July 28, 2023 /

      The latest information we have out of Australia on the potential takeover of Australia’s largest death care provider, InvoCare, by United States private equity company TPG Capital is from a “Street Talk” column in Wednesday’s Australian Financial Review.  Here’s a couple of exerpts from that article which is entitled “InvoCare talks turn…

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Who said, “Cemetery management is easy”?

By Funeral Director Daily / July 28, 2023 /

        For the most part, cemeteries are tranquil places where lot ownership, interments, and maintenance usually go off as planned and when they do people just don’t seem to notice all the good work and planning that has been done to accomplish that.  But, as this recent print and video news story…

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Opinions are opinions. . . Here’s two on the future of SCI

By Funeral Director Daily / July 26, 2023 /

        One has to realize that “Opinions are Opinions” and they may differ dependent on the author’s perspective.  I find it is always best to get multiple opinions when I contemplate major decisions.   What’s interesting with today’s blog topic is that I’ve recently found two opinions on the future of Death…

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What keeps ’em coming back. . .do you have the data?

By Funeral Director Daily / July 18, 2023 /

    The funeral home business is well known for its retention of retaining families served over the generations of deaths.  Most of us call this “Heritage” business and any great funeral home will find a way to keep the families they have served happy so they don’t look any where else the next time…

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