funeral home business
It’s November and it reminds me that for over 30 years this was the time that I put the plan together that led to growing profits in our funeral business. I’ve often been amazed that in many businesses, including funeral service, profits sometimes just happened for certain firms because they just did a number of…
Read MoreYesterday, Sunday, November 11, 2018 marked the 100th anniversary of the Armistice among nations to end the First World War. . .which was supposed to be the war to end all wars. Today, on a Monday, we in the USA will celebrate the day as a Holiday. Just to remind you. . . the end…
Read MoreLast week public market funeral home and cemetery operators Park Lawn Corporation and Carriage Services made announcements about their dividends to stockholders going forward. In an article that you can read here Park Lawn Corporation announced that they will be paying a monthly dividend in November of $C 0.038 per share – which on an…
Read MoreLast week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina. According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take: …
Read MoreLast week we saw the American stock markets drop almost five percent before making a partial comeback on Friday. Who knows what will happen today, but depending on who you listen to the markets were spooked by rising interest rates, rising oil prices, and rising potential inflation which can cause changes in business success dependent…
Read MoreAs we come to the end of the earnings reporting period for the public death care companies we give you the quarterly report for Security National Financial Corporation. Security National is the Utah based public company that operates in three segments — insurance, cemeteries and funerals, and mortgages. Funeral Director Daily is most focused on…
Read MoreYou only have to read the first page of Carriage Service’s press release, which you can read here, to understand that CEO Mel Payne was not thrilled with Carriage’s 2nd quarter numbers. The third paragraph of the release states, “We have complete confidence that our operating leadership is effectively dealing with the revenue and margin…
Read MoreCarriage Services, the Houston based funeral home and cemetery consolidator and operator announced 2nd Quarter 2018 earnings yesterday and with that report, that you can access here, found their common stock losing about 5% of its value. Analysts had predicted earnings in the range of about $0.37 per share and the report brought earnings in…
Read MoreMy wife’s 85 year old father died suddenly last February. He and his wife had lived in the small – under 3000 person – community that they were both born in for all of his years. Life in a community like that revolves around community activities that many times are centered around families – not…
Read MoreWe recently came across a couple of brief articles pertaining to existing funeral homes making additions to their operation in order to add new revenue. The first of these articles is from the Hastings (Minnesota) Star Gazette and you can find it here. It pertains to the Ellis Funeral Home of Hastings breaking ground for…
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