Tag: funeral business

Business

Weekend Edition. . . milestones, cleaning off the desk. . .some information for our readers

I’m not a bah, humbug type of guy. . . .I actually love the holidays. . .all of them.  However, shopping for a Christmas tree, dragging it home, and getting it set up is not one of my favorite things to do.  I should be grateful because Angie does all the hard work like decorating the tree and the house. . . . my only jobs are to get the tree home and get the tree set up for her […]

Afternoon Edition

Potential COVID surge has states thinking death care, state budget surprises

Last week you could not turn on the news without hearing of the potential for the COVID-19 virus to spread rapidly because of Thanksgiving and other upcoming holiday travel.  We found a couple of articles pertaining to states and how they may handle the number of deceased bodies that may come with that potential surge. In Minnesota, the Governor has purchased a cold storage warehouse to help out state funeral directors and in New York, the state is looking at […]

Finance

Death Care Index still lags the market

We checked into Funeral Director Daily’s proprietary Death Care Index (DCI) after the markets closed on Monday, the last day of November.  That check-in allowed us to take a look at the eight stocks that make up the DCI and see where they were individually and as a group and how that group compared to the Dow Jones average, the S & P 500, and the technology based Nasdaq. And, while the Dow Jones counted November 2020 as its best […]

Afternoon Edition

The future of Death Tech from Forbes, LGBTQ funeral home settlement, Arlington Wreaths Across America

Only a couple of days after I gave you my thoughts on what new companies might be winners in the death care profession I stumbled across an article from Forbes entitled, “The Future of Death Tech”.  Today’s afternoon edition of Funeral Director Daily brings you that article as well as information on an apparent financial settlement in the Aimee Stephens Supreme Court work rules case, and an update on the always popular Wreaths Across America day at Arlington National Cemetery. […]

Business Products

A couple of choices for future success in the death care space

Now that I’ve finished reporting on the quarterly reports of the large “established” companies in the death care realm, I thought it would be interesting to give my insight on a couple of  companies  that I think have a great potential to  “grow” into larger companies or services in the future. And while Tribute Technology reportedly just sold for over $1 billion, you will probably see that my short list is a little light in, what would generally be considered […]

Finance

Matthews reports 4Q and Year End 2020: Memorialization segment is high point

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 period which is the 4th Quarter of Matthews fiscal year so we can give you Fiscal Year 2020 numbers also. First of all, for 4Q […]

Regulations

Possible financial settlement in Michigan funeral home transgender case reported

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 funeral home setting. If you remember the basics of the case, Ms. Stephens had been fired by the funeral home in defiance of wearing the […]

Finance

Security National reports 3Q 2020: Hitting on all cylinders

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 company are involved in mortuaries, cemeteries, funeral funding through insurance assignments, and preneed insurance.  In essence, from our point of view, while still small by […]

Afternoon Edition

Heading into the weekend . . . .

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 them in individual articles. So, here are some links that you can check out on your own this weekend. . . . .and they bring […]

Cemetery Regulations

Lessons learned from growing up as an FDK (Funeral Director’s Kid)

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 near a funeral home and sometimes were expected to toe the line even more properly than PK’s because we were Funeral Director’s Kids (FDK’s). . […]