death care industry
Value investor and self-described contrarian investor John Snyder wrote an article for Seeking Alpha that you can read here entitled, “Why I’m buying StoneMor”. We will leave the facts at that and I will give my opinion on the piece below. Funeral Director Daily take: This is an article that will cause all experienced funeral…
Read MoreI came into the funeral business somewhat reluctantly at age 19 when my father suddenly passed away and mom needed someone who would be interested in carrying on the family business. I’ve said many times, the Lord knew what he was doing, because as I reluctantly got involved I learned I was pretty good at…
Read MoreThe idea of a “Death Cafe” is somewhat new according to this article from Pennsylvania. It’s not what you might think and this one was started by funeral director Carolyn Fletcher about three years ago in the Pittsburgh area. According to the article the concept started in 2011 in England and there are now regularly…
Read MoreIn an article and investigative video story that you can read and see here, an Austin, Texas based funeral home has been accused by the Texas Department of Banking of illegally collecting over half a million dollars of prepaid funeral payments from consumers. Illegal because the owner was not licensed to sell prepaid funeral plans.…
Read MoreIn the last couple of days I have read articles from different areas of the United States pertaining to the establishment of “Green Cemeteries” in those locales. The first you can read here and comes from the southern portion of Illinois and concerns the City of Carbondale turning a city cemetery over to the option…
Read MoreHillenbrand Industries reported fiscal 3rd Quarter 2018 results last week and while positive for the company as a whole, the Batesville Casket Division reported revenue decreases for the quarter of 6%. The company, as a whole, delivered earnings of $0.57 per share as compared to analysts estimates of $0.56 per share. You can see their…
Read MoreIn a release dated July 19 that you can read here, investor’s service Moody’s upgraded the debt rating of public company Hillenbrand Industries from a Ba1 to a Baa3. They also noticed that the outlook of the company going forward is “Stable”. Hillenbrand Industries is the owner of U.S. casket manufacturer market share leader Batesville…
Read MoreLast week, public company Security National Financial Corporation reported the results of their First Quarter of 2018. In the press release that you can read here they report that two of their three operating segments had increases in sales and profits on a year over year basis. As you may recall, Security National Financial Corporation…
Read MoreAfter the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018. You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…
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