crematories
The 2nd Quarter of 2020, that period that encompasses the months of April, May, and June, was looked at as a quarter which would produce financial results that would be unique, maybe in the entire last century, simply because it was the first 3-month period of the COVID-19 pandemic. As the United States went into…
Read MoreFuneral Director Daily received word last week that Foundation Partners Group, the Orlando based operator of funeral homes, cremation centers, and cemeteries, has acquired the Bermudez Family Cremations and Funerals operation in Monterey, California. That acquisition expands the Foundation partners network in California to eight locations. Here’s what Foundation Partners Group CEO Bob Bukala had…
Read MoreOur feature today in our afternoon edition comes to us from the SentinelSource.com. That is the online edition of the Keene (NH) Sentinel and today’s article features Keene Funeral Director Susan Simonds. Ms. Simonds is the operating manager of two funeral homes in Keene, both of which happen to be affiliated with the Dignity Memorial…
Read MoreAs we go into the weekend we just thought we would update our readers with some new construction going on in the death care business. The following articles pertain to individual or family owned businesses either being started or being expanded. As we have seen many times with the ideas of proposed crematories — there…
Read MoreWe all know that over the long-term, such as the past 40 years between 1980 and now, change has occurred in the death care industry mainly by the advent of the almost universal acceptance of cremation. Most funeral homes have been able to weather that storm by offering services for both types of choices in…
Read MoreFinancial writer Benen Ling published on Seeking Alpha an article on the United States public funeral home and cemetery companies last week. He titled his article, “These Death stocks are barely clinging to life”. You can read the article here. Ling writes a good article and makes some great points about our profession and the…
Read MoreLast week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina. According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take: …
Read MoreAustralian funeral service market share leader, InvoCare, is moving forward with capital expenses aimed at becoming more appealing to Baby Boomers in spite of several headwinds on funeral service down under. You can read an article from Australian Financial Review on the slowing of InvoCare’s business here. In the article InvoCare CEO, Martin Earp, mentions…
Read MoreMatthews International reported its 2018 fiscal year 3rd quarter results last week. You can read the company’s press release and report here. As you may know the Pittsburgh, Pennsylvania based public company operates in three segments: Brand Solutions, Industrial Technologies, and Memorialization. Their Memorialization segment is what we are concerned with in the death care…
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