public death care companies

Carriage Services Reports 3Q 2018

By Funeral Director Daily / November 1, 2018 /

After the markets closed yesterday funeral home and cemetery consolidator Carriage Services announced their results for the 3rd Quarter of 2018.  The company announced quarterly revenues of $64.2 million which was an increase of 5.2% over the same period of a year ago and a Net Income of $2.2 million – which is a decrease…

A new image at StoneMor

By Funeral Director Daily / September 24, 2018 /

We did not see a press release on such, but we recently noticed that StoneMor Partners has began using a new logo.  From our point of view it is appropriate as the company has had some rough times over the last couple of years with the stock price falling from the mid $20’s to Friday’s…

Carriage Services – Behind the Numbers

By Funeral Director Daily / August 6, 2018 /

You only have to read the first page of Carriage Service’s press release, which you can read here, to understand that CEO Mel Payne was not thrilled with Carriage’s 2nd quarter numbers.  The third paragraph of the release states, “We have complete confidence that our operating leadership is effectively dealing with the revenue and margin…

Carriage Services closes Senior Notes Offering

By Funeral Director Daily / June 5, 2018 /

  Carriage Services, a publicly owned death care provider that according to its web-site owns and operates 178 funeral homes in 29 states and 32 cemeteries in 11 states, announced last week that they have closed a Senior Notes Offering and entered into a new Senior Secured Revolving Credit Facility.  You can read the company’s…

Memorial Mortuaries and Cemeteries Awarded “Best of Utah”

By Funeral Director Daily / April 24, 2018 /

The death care branch of public company Security National Financial Corporation, Memorial Mortuaries and Cemeteries, was awarded two of the Best of State Awards in Utah recently.  You can read about it in the company’s press release here. The Best of State Awards were presented in the categories of Best of State for Funeral Services…