Park Lawn Corporation

The Death Care Index and an Upwards Earning Trend

By Funeral Director Daily / October 22, 2018 /

Funeral Director Daily has established the DCI or Death Care Index for eight publicly traded companies that operate in the death care industry.  The companies, all headquartered in North America, operate in the financial (preneed) sector, the manufacturing (caskets and monuments) sector, or the retail (funeral home and cemetery) sector. The companies include Security National…

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More on Park Lawn Corporation

By Funeral Director Daily / October 4, 2018 /

Today’s earlier post was on the Park Lawn Corporation acquiring a funeral home in North Carolina.  It sometimes amazes me that these acquisitions seem to happen in bunches and today we received an announcement out of Toronto that goes to that point. I woke up this morning to find a press release that you can…

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Park Lawn adds North Carolina Funeral Home

By Funeral Director Daily / October 4, 2018 /

According to this article from the Haywood County Mountaineer, the Wells Funeral Homes and Cremation Services of Canton and Waynesville, North Carolina, have been acquired by Park Lawn Corporation. The article states that Wells Greeley, President and owner of the funeral business, has announced a succession plan that includes partnering with Toronto based Park Lawn…

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Park Lawn Corporation Reports 2Q 2018

By Funeral Director Daily / August 17, 2018 /

Canadian public company Park Lawn Corporation announced their 2nd quarter financial results this week.  You can see the company’s press release here.  According to the company, “The results show solid operating performance across the majority of the business, particularly in the CMS Mid-Atlantic and Saber business segments of the company. Here are some of the…

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Earnings Week is Here

By Funeral Director Daily / July 25, 2018 /

I’ve told readers many times that while I owned and operated a small funeral home – one that grew from 140 calls to about 325 calls – I always learned by reading and watching what the “Big Boys” in our industry were up to.  That meant, over the years, buying some stock and reading annual…

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Is Your Funeral Home a Growth Industry?

By Funeral Director Daily / July 20, 2018 /

In my opinion, when I look for something to invest in, I gauge the safety of the investment as well as the possible return and then make a decision if the balance is there between the two.  I also look at two sides of an equity investment as the potential for growth (as defined by…

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This is a Strange Story

By Funeral Director Daily / July 10, 2018 /

I recently read an article that came to me from WZZM 13 News in Michigan.  The story surrounds the Michigan Strategic Fund and its June 26 decision to give preliminary approval of a $26.5 million bond issue to a non-profit group called Cathedral of St. Augustine’s to purchase 28 cemeteries in Michigan.  You can read…

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Park Lawn makes British Columbia Purchases

By Funeral Director Daily / July 6, 2018 /

In a news release provided by Park Lawn Corporation that you can read here, the company announced on July 5, 2018, that they are purchasing the Hanson Arbor Funeral Chapels in the Okanagan Valley of British Columbia.  The purchase will bring four funeral homes and a crematorium into the Park Lawn family. The release also…

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Checking in on the Death Care Index

By Funeral Director Daily / June 13, 2018 /

Part of what we try to do at Funeral Director Daily is to keep you updated on all things funeral service.  One of the ways we do that is by watching what is happening with the publicly held death care community stocks.  Here are the stocks that we check up on regularly and compute the…

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Park Lawn Corporation Reports 1Q 2018

By Funeral Director Daily / May 17, 2018 /

  After the close of business on Tuesday, May 15, Canadian death care consolidator Park Lawn Corporation reported their First Quarter results for 2018.  You can see a copy of their Press Release here. Park Lawn reported revenues of $27,206,240 for the quarter compared to revenues of $18,802,424 for the same period of a year…

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