funeral business
Assurant reported their 2nd Quarter results last week. You can read their report here. The worldwide conglomerate operating in the insurance and warranty business has one of its three business segments that operates in what they call “Global Preneed”. That is the part of the company that we at Funeral Director Daily like to review.…
Read MoreOver thirty-five years as an owner operator of a community funeral home I made hundreds of business decisions. Some were easy, some were hard, some worked out, some didn’t. The one common denominator is that I did my research and thought that I was doing the right thing to either help the community or gain…
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 MoreThe Cremation Association of North America just wrapped up its weeklong gathering of cremation professionals at CANA2018. While I did not attend, I have kept up with some of the issues that were discussed and saw a quote come out of the convention that I wanted to discuss further. The quote I am referring to…
Read MoreEarlier this week Service Corporation International posted their 2nd Quarter results, which you can see in a company press release here, and we told you that we would analyze them and report our impressions. There is nothing that surprises us with the SCI results, more so, they reinforce what we believe is the direction of…
Read MoreService Corporation International, the largest of the funeral service conglomerate public companies, reported 2nd Quarter 2018 financial results yesterday. You can read their press release and see the numbers here. SCI announced earnings per share of $0.44 versus analysts estimates of $0.43 per share. They also announced 2nd quarter revenue of $796 million as compared…
Read MoreIn an article that appeared in FastCompany.com that you can read here, Dutch architectural firm HofmanDujardin, described what it believes may become the new wave of funeral home ceremony establishments. The design, which has not been built, was inspired by their attendance at a death of a partner whose funeral was attended by the principals…
Read MoreOne of the advantages of getting older, grayer, and more experienced in business is that you get a lot of time to reflect on the many things that have happened in the past and then can try to understand how you can put that knowledge into today’s society. One of the terms I thought about…
Read MoreI’ve told readers many times that while I owned and operated a small funeral home – one that grew from 140 calls to about 325 calls – I always learned by reading and watching what the “Big Boys” in our industry were up to. That meant, over the years, buying some stock and reading annual…
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