funeral business
Service Corporation International (SCI) reported their 1st Quarter financial results last week and in it we found a lot of information and perspective that we believe is informative and, in our opinion, pretty good news as to how the American public is coming out of the pandemic with their actions on funeral care seemingly indicating…
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An online cremation provider has been opened in the Nashville and Middle Tennessee areas according to this press release. Lumen Cremation, LLC, makes a point to mention to consumers that every cremation will be performed by a well-established Nashville mortuary that owns its own crematory. Lumen Cremation touts in the press release that “. .…
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As many times happens with me, I learn something from a news item or items and then try to convert that knowledge to the funeral industry and try to figure out if or how what I’ve learned will translate to our profession. So was the case this week when I saw some public relations for…
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Matthews International reported their Fiscal year 2021 2nd Quarter results last week and with the report we noticed how it is impossible to not notice that their Memorialization business segment which consists of Aurora Casket, Matthews Cremation, and their cemetery, memorial, and mausoleum division, is increasingly leading the company. The other two segments of Matthews…
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For the first time that I can remember since I have followed what is termed the Death Care Index (DCI), the DCI for a period of time has outpaced the standard measures of America’s public companies, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500. For the time period of January…
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I saw that quote in Microsoft’s 1st Quarter 2021 report last week and wondered how that will affect the death care industry. That’s not a unique thought for me because if you’ve followed my writing for any length of time you know that I like to look at other industries and then take what they…
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Carriage Services was the first of our public death care companies to report on their 1st quarter of 2021 (January thru March 2021 numbers) when they did so last week. Even knowing that January 2021 had a high number of additional mortality in the United States because of the number of Covid-19 deaths, you have…
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The longer I am affiliated in the death care profession it seems the less I know. I know that is not true, but I am always amazed when I find some type of business out there in the death care profession that I did not know existed. There are a lot of concepts and a…
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StoneMor, Inc., the Pennsylvania based consolidator and operator of cemeteries and funeral homes, has had a busy April. We’ve seen Moody’s upgrade their credit rating, we’ve seen insider trading purchases of the stock, and we’ve seen an announcement of refinanced debt. That and more leads a press release from Moody’s to state, “. . .…
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I visited, as I often do, with a former Senior Level Executive this week just to catch up on what was happening in his world and visit about a story Funeral Director Daily had recently ran. We talked about a lot of things — including COVID-19, and because of it, we had not seen each…
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