funeral homes
It is the time of the 3rd Tuesday of the month when the Cremation Association of North America (CANA) sponsors it participatory “Peer Support Meeting” for funeral professionals. It will take place tomorrow evening (Tuesday, August 15, at 8 pm Eastern time, 7 pm Central time). To register and/or for more information on this…
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There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week. Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…
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“Out of sight, out of mind”. That’s a refrain I’ve heard often. Generally, it refers to when you have not seen somebody or something for a length of time then that person or that thing falls out of your thought process. It’s common sense and it happens. At Funeral Director Daily…
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Today I want to use the Afternoon Edition to simply say “Thank You” to our readers and our sponsors. I’m a one-man band at Funeral Director Daily and when I started blogging I never knew what kind of reception that I would have. After an almost 35-year career as a funeral home…
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We reported in our morning edition on last week’s happenings in Great Britain pertaining to the proposal that Pure Cremation will be acquired by private equity firm Epiris. We thought with that news we would try to let you know about the two other major potential acquisitions in the Death Care profession around…
Read MoreOur article this morning dealt with inflation and possible deflation. In doing the research for the article I came across this inflation calculator which I thought funeral homes and cemeteries would enjoy using to compare how they are pricing. According to this calculator: “The dollar had an average inflation rate of 5.64% per…
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Service Corporation International (SCI) the largest Death Care business in North America reported their results for the 2nd Quarter of 2023 earlier this week. They reported an increase in sales revenue of about 2.2% over the same quarter of 2022 — sales in 2Q2023 totaled $1.013 billion as compared to $990.9 million…
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On the same day last week three different articles or press releases came to my inbox and those pieces of literature formed a mental Venn Diagram for me about cremation and memorialization. The articles, taken together made me think about the continuing growth of cremation and what will be done with the cremated remains…
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Matthews International, parent company of Aurora Casket and Matthews Cremation, reported their 3rd Quarter 2023 results and 9-Month results for 2023 last week. I think the overriding take on that report is that Matthews International has continued their growing revenue spurt moved mostly by their recent entrance into the energy storage solutions business. …
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The latest information we have out of Australia on the potential takeover of Australia’s largest death care provider, InvoCare, by United States private equity company TPG Capital is from a “Street Talk” column in Wednesday’s Australian Financial Review. Here’s a couple of exerpts from that article which is entitled “InvoCare talks turn…
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