Matthews International
The Funeral Director Daily Death Care Index (DCI) dropped roughly 2% for the month of January in contrast to the Dow Jones Industrial Average which recorded a 5.79% gain. The DCI, a composite total of eight death care industry public stocks, stood at $290.78 at the close on January 31 in comparison to its mark…
Read MoreMatthews 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…
Read MoreIn a year when the stock market has been tremendously rewarding to those that were invested in it, the Funeral Director Daily Death Care Index (DCI) of public companies in the industry did not fare near as well. For the year from January 1, 2017 thru December 31, 2017, if you were invested in the…
Read MoreMatthews International issued a press release last Thursday, November 16, reporting on their 4th quarter and 2017 year end results. It is a report eerily similar to Hillenbrand’s 2017 year end report in that the report was overall excellent but both companies saw sales in their casket units drop. You can read Matthews press release…
Read MoreOne of my adages about being in business is that you have to know who you are doing business with. One of the truly great things about being involved with funeral services is that most of the people and companies that we relate to have a history of solid business and ethical principles to relate…
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