funeral business

News funeral professionals can use

By Funeral Director Daily / June 1, 2020 /

In our continuing efforts to keep death care professionals up to date on information available to the profession we pass these items along to you.  Please feel free to share with colleagues and others in the industry. Webinar:  NFDA Town Hall.  This informational webinar is brought to us by the National Funeral Directors Association.  Its…

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The savings rate and what it can do for preneed and cemetery sales

By Funeral Director Daily / June 1, 2020 /

It’s not even noon on Sunday yet and I’ve had a pretty good day already.  Minnesota has allowed churches to open at 25% of capacity so my wife and I attended church today, albeit wearing masks and sitting far from anybody else, for the first time since mid-March.  Also, singing was banned for just instrumental…

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Survey says funeral trends changing

By Funeral Director Daily / May 29, 2020 /

Cision PR Newswire published the results of the Foresight Companies 2020 Funeral and Cemetery Behavior Study on Wednesday.  You can see the Cision article here.  In it they mention that this survey was based on 2,548 respondents “drawn from a nationally representative panel sample of U.S. residents.” Chris Cruger, Partner and Chief Operation Officer at…

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Random thoughts: Building market share through preneed. . . .CBS Interactive’s “The Future of Funerals’ series

By Funeral Director Daily / May 28, 2020 /

For almost 40 years our funeral home has had advertising for preneed clientele based on the premise, “Like an umbrella in a sudden shower, some things are good to have before they are needed”.  In different ways on radio, print, and online we go on to explain that preneed funeral insurance is one of those…

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How COVID-19 death care can affect the economy in many ways

By Funeral Director Daily / May 27, 2020 /

Today (which is Tuesday-as I usually write these columns a day ahead of time) in Minnesota is a warm, humid morning with threats of rain.  I usually take a run every morning and because of the weather I did so indoors on the treadmill while flashing the television between CNBC and Fox News. The television…

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Carriage Services reports First Quarter 2020

By Funeral Director Daily / May 26, 2020 /

A short time ago Carriage Services, the Houston, Texas, based funeral home and cemetery operator announced they would delay their First Quarter 2020 financial results so that they could also report cornavirus related April results and May trends.  It is interesting to note that their First Quarter report that you can access here is titled,…

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Catching up with Batesville and Assurant

By Funeral Director Daily / May 22, 2020 /

Hillenbrand Industries, parent company of Batesville Casket Company and Assurant, the financial services company that counts it Global Preneed business among its three divisions both reported financial results during early May and we now bring you those results. Batesville Casket, which represents about 20% of the total revenue of Hillenbrand Industries reported an increase of…

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COVID-19, funeral directors, and a viewpoint from one of our colleagues north of the border

By Funeral Director Daily / May 21, 2020 /

I recently came across this article from Toronto Life.  It is excellent . . . you should read it.  I found it heartwarming, compassionate, and sincere — it is about a funeral director and a funeral home trying to give care in the throes of the COVID-19 pandemic. Here’s a quote from the article which…

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Is StoneMor bouncing back?

By Funeral Director Daily / May 20, 2020 /

StoneMor, Inc., the Pennsylvania based funeral home and cemetery operator reported their First Quarter of 2020 results last week.  These results cover the period from January 1 to March 31, 2020.  You can see a summary of the report here. The company operates 319 cemeteries and 88 funeral homes in the United States and Puerto…

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Investors seem wary of death care stocks

By Funeral Director Daily / May 18, 2020 /

We last brought our readers an update on the Funeral Director Daily Death Care Index (DCI) on April 6, 2020, which represented values as of the close of business on Friday, April 3.  As we tell national publications that call us about our DCI, it is not a scientific weighting of public companies in the…

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