public death care companies
With the advent of increased private equity ownership in the Death Care business there are not a lot of public companies to draw information from that you can compare with your own funeral home. Quite frankly, the only two public companies where I seem able to find “comparable information” with locally owned funeral firms…
It seems that many of our readers are interested in how the public companies around the world that deal in the Death Care businesses are doing. . . .And, it also appears that they crave any information that they can find on these companies. Since there are not too many of these…
Last week Park Lawn Corporation reported their 3rd Quarter 2023 financial results. Much like we found with Carriage Services, we found that Park Lawn Corporation (PLC) was able to increase total revenues but struggled to turn those increased revenues into greater Net Income for the quarter. PLC reported a quarterly revenue increase…
In this press release from last Thursday it was announced that some leadership position changes at publicly held funeral home and cemetery operator Carriage Services were underway. First and foremost was the announcement that former company Chief Operating Officer and President Carlos Quezada was being promoted to the position of Chief Executive…
In the 3rd Quarter of 2022 earnings release for Security National Financial Corporation (SNFC) released earlier this week, Scott M. Quist, the company’s President stated, “2022 is continuing to be a challenging year for our Company due primarily to the dramatic rise in inflation and interest rates, and the dramatic fall in equity values. In…
Last week Carriage Services was the first death care related company to report its earnings for the March thru June 2022 period. As you can see from this short article from Investors Observer, they missed the numbers in both categories – Revenues and Earnings – that the analysts had predicted for them to achieve. Here’s…
Dignity plc, Great Britain’s leading death care provider reported their results for the 2021 calendar year last week and in doing so reported a Profit before taxes of US $42.4 million as compared to a 2020 calendar year pre-tax loss of over US $25 million. This positive swing was accomplished despite Revenue dropping about 1%…
Matthews International reported their 3rd Quarter 2021 sales recently and in doing so reported a record revenue for their 3rd Quarter (April-June) of $428.4 million, which is a 19.2% increase over the same period of 2020. As you may know, Matthews International has three business segments, one of which is their Memorialization segment. The Memorialization…
It was announced last week that the largest provider of death care services in Australia and New Zealand would be making another acquisition. InvoCare announced last week that they would be purchasing Australian Heritage Funerals located in Toowoomba, Queensland. According to an article and news video you can read and see here, the closing will…
On November 1, 2018, StoneMor Partners issued a press release that you can read here which reported it’s financial results for the 1st Quarter of 2018. That period covers the time period of January 1, 2018, until March 31, 2018. As you may know, the company is moving from a Master Limited Partnership to a…
