Matthews International

Matthews and the Baseball Hall of Fame

By Funeral Director Daily / August 1, 2022 /

I’ve been a big baseball fan since I served as Batboy of the local town team back in the 1960’s.  I played the game (not real well), managed an adult team, and had my most memorable time coaching years of Little League. . .with the highlight being my 2011 12-year old team winning the Minnesota…

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Matthews reports Jan thru March quarter. . . Revenues up, Operating Profits down

By Funeral Director Daily / May 4, 2022 /

Matthews International, an international conglomerate which serves the death care industry with memorial products, reported their January through March 2022 financial numbers last week.  Because they choose to report on a Fiscal Year that begins on October 1 each year, this report is considered their 2022 2nd Quarter Report.  You can access a copy of…

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Learning more of Matthews International

By Funeral Director Daily / April 28, 2022 /

Over last weekend while doing some research I stumbled across this article on Matthews International.  As you may know Matthews is the parent company of Aurora Caskets and Matthews Cremation.  What you maybe don’t know is that they are a world-wide conglomerate who is making a big bet on the electric car market with a…

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Death Care Index drops Year to Date in line with Indices

By Funeral Director Daily / March 14, 2022 /

Since the first of the year there has been a lot in the news. . . . and news that is probably more consequential than other 75-day time periods over the last couple of years.  Let’s see. . . there’s been the Omicron variant, supply shortages, inflation, and the Russian invasion of the Ukraine.  On…

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Matthews 1Q 2022: Memorialization segment has higher sales, lower EBITDA

By Funeral Director Daily / February 1, 2022 /

Matthews International, the parent company of Aurora Caskets and Matthews Cremation products reported their 1st Quarter 2022 financial results last week.  It should be noted that Matthews fiscal year begins in October so these results are for the October thru December 2021 period. Of interest to us at Funeral Director Daily are the results of…

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Matthews records record sales, casket sales drop off

By Funeral Director Daily / August 9, 2021 /

Matthews International reported their 3rd Quarter 2021 sales recently and in doing so reported a record revenue for their 3rd Quarter (April-June) of $428.4 million, which is a 19.2% increase over the same period of 2020.  As you may know, Matthews International has three business segments, one of which is their Memorialization segment. The Memorialization…

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Matthews increasingly serving the profession. . . . and the living

By Funeral Director Daily / June 25, 2021 /

The Pittsburgh Post-Gazette recently published this article on Matthews International entitled “From tombstones to fuel cells, Matthews International wants to leave its mark on clean mobility“.  The article is a great read on Matthews and reminded me that this “quiet company” of funeral service continues to make a difference every day, not only in the…

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Funeral stocks continue solid climb

By Funeral Director Daily / June 8, 2021 /

As of last Friday, June 4, we were over five months into the 2021 calendar year.  Funeral Director Daily decided it was time to take a look at where the Death Care stocks were in relation to the stock market indices up to that day. What we found out is that the stocks of companies…

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Memorialization segment clear winner for Matthews International

By Funeral Director Daily / May 6, 2021 /

Matthews International reported their Fiscal year 2021 2nd Quarter results last week and with the report we noticed how it is impossible to not  notice that their Memorialization business segment which consists of Aurora Casket, Matthews Cremation, and their cemetery, memorial, and mausoleum division, is increasingly leading the company. The other two segments of Matthews…

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Death Care outpaces Dow, Nasdaq, and S&P for first third of 2021

By Funeral Director Daily / May 5, 2021 /

For the first time that I can remember since I have followed what is termed the Death Care Index (DCI), the DCI for a period of time has outpaced the standard measures of America’s public companies, the Dow Jones Industrial Average, the Nasdaq, and the S & P 500.  For the time period of January…

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