matthews
We last brought our readers an update on the Funeral Director Daily Death Care Index (DCI) on April 6, 2020, which represented values as of the close of business on Friday, April 3. As we tell national publications that call us about our DCI, it is not a scientific weighting of public companies in the…
Read MoreLast week Matthews International, a publicly traded company with a segment of its business in the death care realm reported 2nd Quarter 2020 results. According to a press release you can read here, due to their international operations, the company believes their business units began experiencing the impacts of COVID-19 earlier in the quarter, initially…
Read MoreOne of the great things in being part of the funeral, cremation, cemetery, and its supply business is that, as you work in it over time, you realize that it is a pretty small professional world and you get to know lots of people and lots of companies in the realm. Also, you realize that…
Read MoreEarlier today Seeking Alpha News Editor Yoel Minkoff put out a short piece entitled, “Tough times for U.S. funeral homes“. Oppenheimer securities analyst Scott Schneeberger is quoted in the article. You can access the short article here. [wpforms id=”436″ title=”true” description=”true”]
Read MoreMatthews International reported their 4th Quarter and 2019 fiscal Year Sales last week. The Pittsburgh based public company includes in its portfolio, as one of three business segments, a Memorialization unit that includes Matthews Cremation, Aurora Casket, and Star Granite which are of interest to the death care industry. You can access the Matthews International…
Read MoreOn January 31 Matthews International, parent company of Matthews Cremation and Aurora Casket, reported its first quarter of fiscal year 2019 which covers the period of October 1, 2018 to December 31, 2018. You can read the press release from Matthews here. As a company the consolidated sales totaled $374.2 million as compared to $369.5…
Read MoreMatthews 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…
Read MoreI’ve been able to receive a private report from November 2017 on the State of the American Casket Market. It is an extensive report that goes into who are the players in the industry, what is the market like, who has what percentage of market share, what is the profitability of the industry, and attempts…
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Matthews International announced revenue for the first quarter of fiscal 2017 (3 months ended December 31, 2016). You can read the earnings release here and the Seeking Alpha earnings call transcript here. Funeral Director Daily will focus on the performance of the company’s memorialization segment which produces headstones, caskets and urns. Memorialization sales declined…
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