Park Lawn Corporation
Yesterday Park Lawn Corporation issued a press release stating that “it has declined to participate further in Carriage Services, Inc.’s (NYSE: CSV) (“Carriage”) previously announced strategic review process and that it has withdrawn its all cash proposal to purchase the outstanding stock of Carriage.” The press release which you can read here also…
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Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward. In my 35 years of owning and operating a funeral home I tried to…
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It was back in March 2023 when Funeral Director Daily published this article about Park Lawn Corporation (PLC) acquiring the Meyer Brothers Funeral Homes’ five locations in the state-line cities of Sioux City, Iowa, and South Sioux City, Nebraska. According to a press release from Park Lawn Corporation the acquisition added five…
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There is a lot to be digested when you look at Park Lawn Corporation’s (PLC) 2nd Quarter Earnings Release and their Earnings Call transcript which were made public last week. Much like the quarterly reports from SCI and Carriage Services, Park Lawn was able to increase revenues, but like their counterparts, it…
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The world of Death Care has once again proved pretty small. In what was supposed to be a confidential offer, Park Lawn Corporation has confirmed, according to this Yahoo Finance article, that they have recently made a buy-out proposal to Carriage Services. And, Carriage Services, in this company press release, has…
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“Park Lawn (Corporation) has further expanded its strategic growth in the southeast United States” according to a quote attributed to Park Lawn CEO J. Bradley Green in this press release from earlier this week. The expansion Green it talking about is the acquisition of the Cobb Funeral Chapel and the Cobb Suncrest Memorial…
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Earlier this week Park Lawn Corporation (PLC) announced that it had reached a definitive agreement to acquire substantially all of he assets of Ward Funeral Home Limited. Ward Funeral Home Limited operates three stand-alone funeral homes in the Greater Toronto, Ontario, Canada area. Here’s what Park Lawn Corporation CEO J. Bradley…
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The last of the major public funeral home and cemetery operating companies reported their 1st Quarter 2023 financial report last week. Park Lawn Corporation (PLC) bucked the trend of less revenue for the quarter as compared to the 1st Quarter of 2022 by posting a 4.3% increase in total revenue. Park Lawn…
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Park Lawn Corporation is expected to release the financial results of their First Quarter 2023 on May 11 — Thursday. Last week, however, we found that Seeking Alpha authors gave an opinion on the company in which they believe “Park Lawn (is) likely to resume EBIDTA and EPS growth in 2023″. The opinion article…
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Park Lawn Corporation (PLC) whose website now states, “is the fastest growing company in the industry in North America”, announced last week that they have moved into the states of Iowa and Nebraska with the acquisition of Meyer Brothers Funeral Homes. Meyer Brothers Funeral Homes has, among their five locations, locations in…
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