death care
Our reports for the period of July thru September 2020 come to an end with today’s report on Matthews International. Funeral Director Daily files reports every quarter on the eight public companies that make up our financial Death Care Index (DCI). Today’s report on Matthew’s International, which you can access here, encompasses the mentioned time…
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A little over a year ago we told you of the case of Aimee Stephens and the Harris Funeral Home. That court case was about to be heard at the United States Supreme Court at that time which would be ruling on whether or not there had been discrimination against a transgender person in a…
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We continue to roll out the earnings reports of the public death care companies and today is no exception. Today we tell you about one of the quieter companies that is starting to make a name for themselves as they grow. That company is Utah based Security National Financial Corporation (SNFC) and divisions of the…
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Over the last couple of years that I have published Funeral Director Daily, I’ve written on this topic a couple of times. “This topic” is that of smaller association cemeteries and the financial plights more and more of them seem to be falling into. I limit this discussion to “association cemeteries” simply because church cemeteries,…
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It’s Friday and we are heading into the weekend preceding the Thanksgiving holiday. With all of the death care companies reporting earnings reports in the last couple of weeks and our coverage of those we have a few articles that we feel our readers should have access to, yet we are not able to feature…
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This article will be published on Friday morning because I figure it won’t be real business like, but it will be something that the reader can carry into the weekend. Lots of people talk about PK’s – Preacher’s Kids – but there is another group of us who grew up in a funeral home or…
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A couple of years ago I looked at StoneMor and their operations and told readers that they should, if they had a StoneMor competitor in their market, look at a possible acquisition of that competitor. Quite frankly, I was of the opinion that the way StoneMor was moving would probably lead to a liquidation and…
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In late October Assurant hinted that they will be divesting what they call their Global Preneed business. That segment of their business consists of preneed funeral insurance products and Final Need insurance products. In reporting the company’s 3rd Quarter financial results, CEO Alan Colberg gave another hint as to the Global Preneed business potentially disappearing…
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Park Lawn Corporation (PLC), the funeral home and cemetery operator, with headquarters in Toronto and Houston, announced their 3rd Quarter 2020 results last week. As a growth company, they continued to exhibit those traits — with revenue for the quarter growing to $83.7 million from last year’s 3Q revenue number of $66.5 million (all dollar…
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The first thing I will comment on is that if you look at the image I have put on this article, it should come with a question mark at the end. If you have followed my writings for any length of time you know that I like to try to spot trends and then hypothesize…
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