Tag: funerals

Preneed

How does your firm view pre-need?

I wrote a story yesterday on the timing of advertising telling consumers about the benefits of pre-planning one’s own funeral or cremation services.  When I did that article I did not envision a follow-up or series of pre-need articles, but a day later here is another angle I have thought about often concerning pre-need and how it fits in with your funeral home’s service to consumers and/or your funeral homes profitability or compensation. I will admit that serving my entire […]

Finance

Park Lawn reports Q2 results

Park Lawn Corporation (PLC), the Toronto based consolidator and operator of funeral homes and cemeteries reported their financial results for the 2nd Quarter of 2019, the period that ended June 30, 2019, yesterday.  You can see a short synopsis of the results in this press release. Park Lawn’s CEO Andrew Clark is quoted in the release, “PLC delivered strong per share growth for our shareholders through solid operating results for the first half of 2019.  PLC continues the successful execution […]

Preneed

Have you planned your pre-need marketing?

I noticed yesterday when I drove past the local fairgrounds that everything was getting set up for our county fair.  I then realized, wow, it is the middle of August and fair time already. For many of us in the upper midwest fair time signifies harvest and the start of another school year just around the corner come Labor Day.  Back when I was operating a funeral home, it also signified that it was time to ramp up the pre-need […]

Cemetery

Cornell University donates to Ithaca City Cemetery

At Funeral Director Daily we have harped continuously about some of the problems plaguing many cemeteries in this day of fewer casketed interments and less top-line revenue coming into the cemetery coffers.  We’ve pointed out that at some point in the not so distant future many cemeteries will not be able to afford their own upkeep. In Ithaca, New York, the city owned Ithaca City Cemetery has been fortunate to find a benefactor to the cemetery.  In this article from […]

Products

El Paso funeral homes to aid shooting victims

While the event that led to the offer is certainly something that no city anywhere should have to go through, we have learned today in this media release that many funeral homes in El Paso, Texas, will offer free services to those killed in the mass shooting attack in that city on Saturday. As of this writing, twenty people have been confirmed dead in the attack. The death care profession has always been known as one that gives local support […]

Preneed

A glimpse into things to come

The state of Colorado is in the news often these days.  Demographers tell us that in many ways it appears to be a bellwether of things to come in the United States.  It is growing by leaps and bounds, the diversity of the people is rapidly expanding to resemble what America’s diverse population will eventually be, and people are much more inclined to look at new options rather than follow old traditions than in other states — especially in the […]

Finance

SCI reports 2nd Qtr, mid-year results

Service Corporation International (SCI), the largest single entity seller of funeral and cremation services in the United States, reported their 2nd Quarter 2019 and mid-year 2019 financial results yesterday.  SCI has approximately 1500 funeral home, crematories, and cemeteries under its umbrella and is said to garner about 15-18% of the American death care dollar. Because of that largeness, their results can often be looked upon as trends of how the industry may be moving.  From our point of view at […]

Cremation Products

The Ontario liquid cremation debate

Since February 2018 there has been a moratorium on the installation and licensing of liquid cremation, also known as alkaline hydrolysis or water cremation, in the Canadian province of Ontario.  At this point in time, according to this article from the Ottawa Citizen, the Wartman Funeral Home of Kingston is the only facility in the province licensed to cremate bodies using alkaline hydrolysis.  They operate a “high temperature” alkaline hydrolysis method of the procedure. However, again according to the article, […]

Cemetery Products

Better Place Forests. . . a new wave of memorialization

It seems like this medium is many times writing about the need for more permanent memorialization options to be available for our death care consumers.  It also seems like we spend a lot of time writing about new start-ups in the death care profession that are hoping to catch the new wave of consumer thinking.  Today, we are going to tell you about one new venture that we believe checks both of those boxes.  The venture is Better Place Forests.  […]

Finance

Ling opines: “Death stocks . .clinging to life”

Financial writer Benen Ling published on Seeking Alpha an article on the United States public funeral home and cemetery companies last week.  He titled his article, “These Death stocks are barely clinging to life”.  You can read the article here. Ling writes a good article and makes some great points about our profession and the public companies in America that operate funeral homes and cemeteries as their principal mode of business.  In particular he delves into what may be the […]