Tag: death care

Business Cremation Products

Recognizing the “cusp of change”

I’m always on the look out for whatever I can find that puts me at the front edge of “change” in the death care profession.  Change in our profession used to happen pretty slow. . . . from home visitations to funeral homes, from wood caskets to metal caskets, to the slow methodical march of a society that now prefers cremation to earth burial. One of the great features and attributes of success of the generational family funeral homes over […]

Afternoon Edition

Dignity plc results are “mixed”

Dignity plc, Great Britain’s largest funeral home and crematory operator announced last week in this report that you can see from Morningstar, that their 1st Quarter 2022 revenues and operating profits fell considerably over the same period of 2021.  However, it also appears that Dignity plc was able to increase their market share for services conducted in Great Britain. Financial performance was affected by the decision of Dignity plc in September 2021 to reduce its prices to the consumer after […]

Finance

Park Lawn Corp sees increased revenue and earnings despite call volume dip

Last week Park Lawn Corporation (PLC) announced their 1st Quarter of 2022 earnings results.  For the period ended on March 31, 2022, the company increased their revenue 17.5% to $83.1 million as compared to the 1Q of 2021 when they reported $70.5 million in revenue.  The company also reported Net Earnings of $8.7 million in 1Q 2022 as compared to $7.7 million in 1Q 2021 — that’s a 12.9% increase.  You can access the Park Lawn Corporation 1Q22 press release […]

Business

Are we “Turning the Corner?”

In the last few weeks I have heard and seen a lot about about staffing issues in the death care world.  For instance, I recently had a discussion with Ryan Thogmartin of Connecting Directors and he told me that their surveys from owners and managers indicate that staffing, employee issues, and just simply getting enough people to do the jobs that need to be done in funeral homes is the number one concern of these management people at this time. […]

Business

An “Address” that resonated with me

I read this article in the Metropolis (IL) Planet the other day.  And, quite frankly, it really resonated with me.  Part of the reason is that when I researched Metropolis it seemed much like the community that I grew up in. The article revolves around Metropolis funeral home owner and mortician Emily Farmer Loftus and her address as the keynote speaker at the Massac County High Schools Class of 2022 College and Career Signing Day on Friday April 29. You […]

Afternoon Edition

A webinar you might find interesting and helpful

During my mortuary college years I read a book entitled, “Who takes care of the Caretaker“.  I don’t remember all of the details of the book because it’s been over 40 years since I read it.  However, what I do remember is that it drilled into me loud and clear that “I could not be a caretaker to others if I didn’t first “take care” of myself.”  I thought of that book when I received this informational press release about […]

Finance

Batesville increases revenues on lower volume sales

  Hillenbrand Industries, parent company of Batesville, reported its 2nd Quarter 2022 (January thru March) last week and with it reported that the Batesville division increased their sales over the same quarter of last year by 6% to $176 million for the quarter.  That was done, for the most part, by implementing a “price surcharge” in January 2022 to “offset the significant increase in commodity costs.” The quarterly report, which you can read here, also made mention that “Burial casket […]

Business Cremation

The Cost of Cremation

Earlier this week I came across this article on how the State of Hawaii is now poised to become the 22nd state of the United States that will legalize alkaline hydrolysis.  I’ve said before that even though it has been since 2003 that the first state in the country legalized alkaline hydrolysis — that’s almost two decades ago — I believe that the process has been proven and many of the rest of the fifty states will soon follow suit […]

Business

The pandemic, health insurance and the effects on your business’ future

I’m one that always tries to gather information from whatever source(s) I can when I analyze anything.  As we’ve moved through the Covid-19 pandemic that has been a frustrating proposition, because from my point of view, I have seen analysis and decisions all become too political in nature and I have a hard time deciphering what to believe and what not to believe in what I hear. There is no doubt that funeral homes, funeral home owners, and funeral home […]

Afternoon Edition

The Mondale urn

Editor’s Note:  A technical glitch stopped publication this morning.  But, here you go with today’s article a few hours late.  Sorry. As I write articles in this forum I sometimes have to remind myself that many of my readers are 30 to 40 years younger than I am.  That fact, and the experience of playing golf with a 25-year old in our group last Friday, also reminds me that I sometimes have to give a little background to the story […]