Service Corporation International
Almost two years ago we brought you this story about Service Corporation International purchasing Allnutt Funeral Services in Colorado. Turns out that one of the locations was in Greeley, Colorado and that location recently moved to a new location in west Greeley. Upon that move we came across this story from the Greeley Tribune which…
Read MoreHouston based funeral home and cemetery consolidator and operator Carriage Services reported its 1st Quarter 2019 results yesterday. Their report somewhat parroted industry leader Service Corporation International’s report from a week ago in that “Same Unit” revenues dropped. In Carriage’s case, however, even with new acquisition revenue added in, their 2019 revenues of $69.1 million…
Read MoreNorth America’s largest funeral home and cemetery operator, Service Corporation International, reported 1st Quarter 2019 results last week and you can see their press release on those results here. The company’s CEO, Tom Ryan, issued the following statement in the report. “We are encouraged as we start of 2019 on par with prior year earnings…
Read MoreEvery so often someone asks me what I think of the funeral/cremation/cemetery companies that are in the public ownership realm. So, today I will start giving you my opinions of what I think each is trying to, or should try to accomplish. Each in this series of write ups will be my day to be…
Read MoreAmerica’s largest owner of funeral homes reported their 2018 4th quarter and 2018 Year End results on Monday, February 18. You can read a copy of the press release from Service Corporation International here. For the year, Service Corporation reported revenue of $3.190 billion as compared to 2017’s $3.095 billion — an increase in revenue…
Read MoreJust this morning I noticed an information piece on Service Corporation International from Zack’s Research. It’s a short, but interesting look at how at least some people look at the death care industry as compared to the overall market and what they think about SCI. Interesting to note, is that according to the article, Service…
Read MoreOne of the things that I find interesting about the death care industry is the continuing consolidation and spin-offs that seem to always occur. Get a few funeral directors together and they are always talking about who is acquiring who. I’ve been around long enough to see upstart Prime Succession grow fast and then be…
Read MoreIn a press release that you can read here it was announced that Service Corporation International will, for the 11th consecutive year, be a major sponsor of the “Donate Life” float at the 130th Tournament of Roses Parade on January 1, 2019, in Pasadena, California. SCI and its brand, Dignity Memorial, will be the sponsor…
Read MoreAfter Friday’s market close I thought it might be a good time to check up with what has happened in the Death Care industry since the beginning of the year. As you know the Funeral Director Daily Death Care Index (DCI) is made up of the value of one share of stock for eight…
Read MoreLast week we examined the 3rd quarter financial results for Service Corporation International. When we did that we noticed, and told our readers, about the success that their preneed funeral services seemed to be having. We actually told readers to compare what they are doing in their own businesses to SCI to make sure that…
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