death care
Carriage Services announced in this press release their operating results of the 1st Quarter of 2023. Much like we mentioned in last week’s article on Service Corporation International (SCI), these numbers need to be looked at in the light of a reduced number of deaths in the United States for 1Q 2023 as…
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Park Lawn Corporation is expected to release the financial results of their First Quarter 2023 on May 11 — Thursday. Last week, however, we found that Seeking Alpha authors gave an opinion on the company in which they believe “Park Lawn (is) likely to resume EBIDTA and EPS growth in 2023″. The opinion article…
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When public companies report their financial numbers each quarter, it is pretty much expected that matured companies have practical and easily understood numbers in comparison to what their financial numbers were for the previous comparable quarter of operations. In that regard you would look for the results of funeral home and cemetery…
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It’s been no secret that for the past 30 years more and more women have been becoming active in the death care profession. I saw the trend start with pre-need counselors but now according to this article from Spectrum 1, 65% of all graduates of funeral director programs in the United States are…
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Mathews International’s sales rose about 7.8% year over year for their 2nd Quarter of 2023 as compared to the same quarter of 2022. Matthews is on a fiscal year so their 2nd Quarter comprises the months of January, February, and March. Most of the sales increase occured in Matthews Industrial Technologies segment. …
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For the past 4 years of so since I’ve been putting pen to paper writing Funeral Director Daily as I do my research I invariably come across articles on Green Burials. Green Burials by my definition are “ecology based earth burials with as simple a disposition process that can be done”. They would…
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Earlier in April Parting Stone and its CEO Justin Crowe appeared on an episode of Shark Tank looking for potential investors to help move the company along into the mainstream of post-cremation remains options. And, while that happened as the company took an investment offer from well known Sharks Kevin O’Leary and Lori…
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There are approximately 3 million deaths in the United States each year. As of 2023, about 40% of those deaths are interred as “Traditional Earth Burials”. That leaves about 1.8 million deaths that are cremations, alkaline hydrolysis, green burials, or natural organic reduction forms of disposition. In almost all of the three…
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I’ve been maligned and others in the profession have told me I am wrong when I say the funeral directors and funeral home owners can be “Entrepreneurial”. Several people have dropped me notes or emails that tell me I am “dead wrong” and death care is a business that is not entrepreneurial, but…
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It’s been an interesting month to be watching what is happening in the South Pacific if you are a investor in the death care business. TPG Capital, a large United States private equity company, made an unsolicited offer for InvoCare, the largest death care provider in Australia and New Zealand about one month…
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