Matthews Memorialization

Matthews reports 1Q 2024 — Sales flat, EBITDA and Profit declines

By Funeral Director Daily / February 5, 2024 /

    Matthews International, the conglomerate company with their largest portion of sales in Death Care, or what they call their Memorialization Segment, reported gross sales for their First Fiscal Quarter (October thru December 2023) of 2024 coming in at $450 million as compared to $449.2 million for the same period one year ago.  …

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Seeking Alpha author suggests that Matthews Memorialization Segment could be “spun off”

By Funeral Director Daily / December 8, 2023 /

      It’s Friday and going into the weekend it’s always nice to have something to think about. . . . How about this for today. .   This article from Seeking Alpha looks at the past fiscal year for Matthews International and uses that information as well as what they gleaned from the…

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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 2Q 2023 Report: Memorialization sales slightly rise

By Funeral Director Daily / May 3, 2023 /

    Mathews International’s sales rose about 7.8% year over year for their 2nd Quarter of 2023 as compared to the same quarter of 2022.  Matthews is on a fiscal year so their 2nd Quarter comprises the months of January, February, and March.  Most of the sales increase occured in Matthews Industrial Technologies segment.  …

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Matthews Memorialization segment reports higher sales, lower margins

By Funeral Director Daily / August 4, 2022 /

Mathews International, the global provider of memorialization products, industrial technologies, and brand solutions reported their Fiscal 3rd Quarter last week.  That quarter encompasses the April thru June 2022 time period. In reporting their Memorialization segment finances we note that they may be reporting what we believe could become a common theme in death care company’s…

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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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