Service Corporation International
While I was researching this morning’s article on the most recent financial performance of Propel Funeral Partners I was made aware that the people of Seeking Alpha had written some opinion pieces on North American Death Care companies within the past month. Without any opinion or other action I present them to the…
Read More
As you get older and older time seems to move faster and faster. For those of us who were in the business back in 2013 we saw the acquisition of Stewart Enterprises, then the 2nd largest funeral home and cemetery operator in the country, being acquired by the largest operator, Service Coporation International.…
Read More
I’m a James Bond movie fan and in 1977 the 10th movie of the series came out. . . “The Spy Who Loved Me” was the 3rd movie of the series to feature Roger Moore as James Bond and it also featured what became a #2 hit on the Billboard charts feature song…
Read More
In a press release that we received this week, from the Newbridge Group, we learned that three funeral homes in the state of Maine had been acquired by Family First Funeral Homes & Cremation Care. The press release also stated, “three funeral homes previously under the ownership of Service Corporation International (SCI) have…
Read More
Click here to access the company press release from Service Corporation International (SCI) pertaining to their 2023 4th Quarter financial results and 2023 Full Year Summary. Funeral Director Daily will publish a complete article on the press release and upcoming Earnings Call in the near future. Enter your e-mail below to join…
Read More
This recent article in Florida’s Business Observer is titled “Funeral home finds success with new life celebration model”. The article goes on to discuss, among other business changes in the death care industry, the Robert Toale & Sons Celebration of Life Center in the Sarasota, Florida, area. The Robert Toale & Sons…
Read More
We learned from this article in the Houston Chronicle that Service Corporation International (SCI) is planning to build a new headquarters building adjacent to their current headquarters later this year. The article points out that the new headquarters to be built on Allen Parkway next to the current headquarters could total a construction cost…
Read More
I’m old enough to remember that one of the earliest cries for increased cremation was that cemeteries will soon take up too much space in America. A rebuttal to that thought back in the 1980’s was always the quote “. . .if everyone in America died today we could bury them in 1/3 the…
Read More
This article from Seeking Alpha suggests that the largest funeral home and cemetery operator in North America, Service Corporation International (SCI) is a buying opportunity for investors. To that end, the article makes these points: “Historically, SCI has delivered very strong financial performance and shareholder returns.” “. . .growth has been fueled by a…
Read More
If you are an investor — and with IRA’s and 401K plans virtually everyone is in today’s world — the month of November 2023 gave you reason for optimism. After a couple of sluggish years of investor equity growth there now seems to be a light at the end of the tunnel with…
Read More
