funeral home business

Matthews 2Q 2023 Report: Memorialization sales slightly rise

By Funeral Director Daily / May 3, 2023 /

    Mathews International’s sales rose about 7.8% year over year for their 2nd Quarter of 2023 as compared to the same quarter of 2022.  Matthews is on a fiscal year so their 2nd Quarter comprises the months of January, February, and March.  Most of the sales increase occured in Matthews Industrial Technologies segment.  …

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Anthem Partners acquires funeral homes in the San Joaquin Valley

By Funeral Director Daily / December 27, 2022 /

  Anthem Partners, the privately-held operator of funeral homes and cemeteries, announced via press release last week that it had acquired a business that operated three funeral homes in the San Joaquin Valley area of California.  That funeral business was Sterling & Smith Funeral Directors, Inc.  The company has owned and operated facilities in Fresno,…

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Is your firm “Fit” for this new economic environment?

By Funeral Director Daily / October 27, 2022 /

If you follow the stock markets and study them, you might have seen an “Open Letter” that Brad Gerstner, a principal at Altimeter Capital, and stockholder in Meta (formerly Facebook) sent to Meta founder and CEO Mark Zuckerberg this week.  You can read the letter here. Gerstner is still a stockholder and apparent fan of…

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Park Lawn adds three Colorado firms to its business

By Funeral Director Daily / October 10, 2022 /

We learned last week that Park Lawn Corporation, the publicly traded funeral home and cemetery company, added three firms located in Colorado to its group of locations.  In this press release you can learn about the acquisition of Ertel Funeral Home and Crematory, Taylor Funeral Home, and Brown’s Cremation and Funeral Service. Park Lawn Corporation…

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What’s your leadership style? Does it work in this century?

By Funeral Director Daily / June 16, 2022 /

Ray Dalio is the founder and co-chief investment officer of Bridgewater, the largest hedge fund in the world. He’s one of the 100 richest people on Earth.  Here’s what he says of leaders:  “Most people at the top of their profession made it there because they must be very smart and very capable. Of course,…

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Learning more of Matthews International

By Funeral Director Daily / April 28, 2022 /

Over last weekend while doing some research I stumbled across this article on Matthews International.  As you may know Matthews is the parent company of Aurora Caskets and Matthews Cremation.  What you maybe don’t know is that they are a world-wide conglomerate who is making a big bet on the electric car market with a…

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There’s value in that signage

By Funeral Director Daily / April 27, 2022 /

For a long-time I’ve been a believer in TOMA — “Top of Mind Awareness” for funeral home brand building which can lead to market share building.  “Top of Mind Awareness” is defined as one measure of how well a business brand ranks in the minds of the consumer. And, I’ve always felt that TOMA was…

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Carriage Services reports 2021 Year End, CEO Payne states “Succession Plan Format”

By Funeral Director Daily / March 1, 2022 /

I think it is fair to say that Melvin Payne, CEO and founder of Carriage Services is an unusual leader — but, it is also probably fair to say that Payne’s style of leadership has been effective since the inception of Carriage Services in 1991. In last week’s published 2021 4th Quarter and Year End…

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Minefields up ahead??

By Funeral Director Daily / December 9, 2021 /

Just yesterday Funeral Director Daily brought you an article that showed, through the reports of public companies, that consumer based funeral homes and cemeteries seem to be doing really well financially over the past two years of the Covid-19 pandemic.  For the most part, and their are exceptions, the 12-15% increase in American deaths has…

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National report: U.S. death rate to be elevated until 2023

By Funeral Director Daily / September 2, 2021 /

The United States released its annual report by the Trustees of the Social Security and Medicare Programs earlier this week.  In that report, which you can see a summarized article here, we get an idea of what the federal government thinks about death rates going forward. The report concludes, as to the national death rate,…

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