Matthews Cremation

Matthews Memorialization segment reports 4Q of lower sales, improved EBITDA

By Funeral Director Daily / November 27, 2023 /

Here’s what Matthews International CEO Joseph C . Bartolacci had to say in this prepared press release about the company’s 4th Quarter (reflecting an October 1 Fiscal Year beginning) operations of their Memorial segment, “The Memorialization segment also performed well again in the fiscal 2023 fourth quarter, completing a very good year. Despite the continued…

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Matthews International continues to lead Death Care Index companies in 2023

By Funeral Director Daily / May 30, 2023 /

    All three major indexes of the U.S. stock market, the Nasdaq Composite, the S&P 500, and the Dow Jones Industrials grew by 1% or more on Friday.  That convinced me that, over the long weekend I should take a look at how the public companies that deal with Death Care have fared for…

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A promising future for Matthews International?

By Funeral Director Daily / January 9, 2023 /

  Last week a press release came out of Matthews International that seemed to show them on their way to executing their plans in the energy storage solutions business.  CEO Joseph Bartolacci commented in the release as such, “We are very pleased to see continued strength in orders for our energy storage solutions. This order…

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Seeking Alpha author makes case for Matthews International

By Funeral Director Daily / September 2, 2022 /

Seeking Alpha author Austin Rogers makes a case for the upside future of conglomerate Matthews International. . .a company which receives about 46% of its revenue from the death care space.  The article is really detailed about a little history of Matthews and where the company seems to be going in the future. Here’s a…

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Retail death care stocks lead the run-up

By Funeral Director Daily / October 25, 2021 /

On Friday the Dow Jones Industrial Average (DJIA) set a new record high by closing at 35,677.  On January 1, 2021, the DJIA stood at 30,606 so that high on Friday indicates a 16.6% increase year to date for 2021.  That’s pretty impressive. . . . and the NASDAQ closed Friday up 19.1% year to…

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Matthews — Revenues, Dividend, Stock Price — All up!!

By Funeral Director Daily / November 19, 2018 /

Matthews International, the Pittsburgh based consolidated company with a division in the death care industry that deals with memorials, cremation equipment, caskets, and more, had an interesting Friday after releasing their 4th quarter and year end earnings on Thursday.  You can see a press release of their results here. For the year the company reported…

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Matthews Earnings beats Consensus, Memorialization Sales Slip

By Funeral Director Daily / January 31, 2018 /

Matthews International Corporation reported earnings on January 25.  The consolidated company – which operates worldwide in three divisions which includes a division labeled “Memorialization” and includes Matthews Cremation Products and Aurora Casket among others – recorded an increase in sales of over $20 million system-wide for their fiscal year’s 1st Quarter.  They also produced non-GAAP…

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