funeral homes

Watch your costs to hold onto profits

By Funeral Director Daily / May 18, 2021 /

When I last wrote an article pertaining to inflation one of Funeral Director Daily’s readers contacted me to tell me that his studies indicated that funeral pricing increases did not always correspond with inflationary rates or the rise of the Consumer Price Index.  Sometimes funeral pricing was higher and sometimes it was lower than the…

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Funeral Director Daily top read stories in the last 30 days

By Funeral Director Daily / May 17, 2021 /

As has become our custom at the mid-point of each month, we give you a chance to see what stories you may have missed.  Here are the top read stories from Funeral Director Daily from April 15 to May 15. Mortuary school holds commencement in cemetery. SCI’s Tom Ryan: “. . .true earnings growth from…

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Park Lawn’s CEO Brad Green comments on the labor market, acquisitions, preneed, and revenue per case

By Funeral Director Daily / May 17, 2021 /

Park Lawn Corporation (PLC), the Toronto based funeral home and cemetery operator released First Quarter 2021 results last week.  As expected the results were very strong as deaths from the pandemic in those months, especially January, continued to be high.  Park Lawn Corporation’s net revenue grew about 26% to over $89 million for the quarter.…

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Funeral home to open Speakeasy themed hospitality room

By Funeral Director Daily / May 13, 2021 /

Several years ago progressive funeral homes opened their own hospitality rooms to be able to serve post-funeral meals and refreshments on their own premises.  Many of those funeral homes that have promoted that concept and have consumer friendly facilities for that purpose, not only have seen their rooms used and profitable, but they have been…

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Batesville shows another strong quarter

By Funeral Director Daily / May 13, 2021 /

Batesville, a division of Hillenbrand Industries, reported their Fiscal Year 2nd Quarter during the first week of May.  While the entire company revenue increased 11% year over year, Batesville, the funeral service side of the business, increased their revenue by over 20% to a quarterly volume of $166 million. Here’s what was said in the…

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News you can use

By Funeral Director Daily / May 11, 2021 /

In an effort to get you more information to learn more and more about your profession, Funeral Director Daily brings you these opportunities that have been sent to us for your information.   From the National Funeral Director’s Association: A Brush with Death podcast — Going Green: Another funeral option.  Podcast #23 in a series…

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SCI’s Tom Ryan: “. . true earnings growth from funeral will require increased funeral services”

By Funeral Director Daily / May 11, 2021 /

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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Nashville area gets online cremation service

By Funeral Director Daily / May 10, 2021 /

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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Will preneed methods change?

By Funeral Director Daily / May 7, 2021 /

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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