PLC
Park Lawn Corporation (PLC), the Canadian based funeral and cemetery operator announced in this press release yesterday that they had entered the state of Georgia with an agreement to purchase the Ingram Funeral Home & Crematory located in Cumming, Forsythe County. The press release stated that the acquisition is scheduled to close in December of…
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Park Lawn Corporation (PLC), the funeral home and cemetery operator, with headquarters in Toronto and Houston, announced their 3rd Quarter 2020 results last week. As a growth company, they continued to exhibit those traits — with revenue for the quarter growing to $83.7 million from last year’s 3Q revenue number of $66.5 million (all dollar…
Read MoreToronto based Park Lawn Corporation (PLC) reported its 2nd Quarter 2020 financial situation last week. In it they reported great success on revenue growth and Adjusted Net Earnings. CEO Brad Green commented on the financial report in saying, “We have grown together as an organization and are poised to continue with our projected growth targets.” …
Read MoreMembers of the death care media were informed yesterday via press release that the CEO and Chairman of Toronto based Park Lawn Corporation (PLC), Andrew Clark, would be stepping down as Chairman and CEO of the company. You can read the press release here. The release quoted Clark as saying, “It has been a tremendous…
Read MoreLast Friday the Park Lawn Corporation, headquartered in Toronto, issued this press release which confirms that they have completed an acquisition announced earlier in the year. The press release tells of the completion of the Nashville, Tennessee area acquisition which includes Family Legacy, LLC, a business with 12 locations. The acquisition also includes the membership…
Read MoreI will preface this article to say that it is being written on Friday, January 10. Because of that all prices quoted come from the end of the day on Thursday, January 9. I will also say I am not a stock security analyst and all opinions are mine alone. Finally, I do own stock…
Read MoreToronto based funeral home and cemetery operator Park Lawn Corporation (PLC) announced in a press release on January 2, 2020, that they had acquired two businesses under common control in Tennessee. In this release PLC announced that they had purchased the stock and membership interests of Family Legacy, LLC and WG-TN, LLC (Harpeth Hills Funeral…
Read MoreLast week Park Lawn Corporation CEO Andrew Clark and CFO James Leeder commented on the company’s 3rd quarter results and also took questions from analysts about the company’s performance. You can read the transcript here. I have, however, taken the liberty to pull out some of the comments that we thought would be of the…
Read MoreLast week Canadian based public company funeral home and cemetery operator Park Lawn Corporation released its 3rd Quarter and 9-month results for 2019. You can see them here. The fast growing company reported 2019 3Q revenues of $66.5 million as compared to 2018 3rd Quarter revenues of $43.2 million. . .an increase of 54%. They…
Read MorePark Lawn Corporation (PLC), the Toronto based consolidator and operator of funeral homes and cemeteries reported their financial results for the 2nd Quarter of 2019, the period that ended June 30, 2019, yesterday. You can see a short synopsis of the results in this press release. Park Lawn’s CEO Andrew Clark is quoted in the…
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