While it certainly is speculation on their part, one research contributor at Seeking Alpha, Caffital Research, says this about publicly held funeral home and cemetery operator Carriage Services, “The company has been quiet on the M&A front to improve the financial position throughout 2024, but with debt levels reaching […] Read More
If you are an investor in the public stock markets — and most people are now with the advent of IRA’s and 401k plans — you would more than likely be pleased with the growth of your investment had you simply followed an investment strategy of investing in the […] Read More
Funeral Director Daily learned earlier in December that Carriage Services was ranked among the Best Small Business Companies in America for 2024. In a press release that you can read here, it was announced that Forbes recognized Carriage Services as its #33 company on its list of “Most […] Read More
Here’s what Carriage Services Vice-Chairman and CEO Carlos Quezada said in prepared statements accompanying Carriages Services 3rd Quarter 2024 financial reports, “I am pleased to announce that our growth continues with another strong quarter of performance. Our cemetery sales team achieved a notable increase of 27.1% year-over-year in […] Read More
It’s an interesting week in the Death Care profession. Not only do we have Halloween coming up on Thursday, but the day before that, Wednesday, October 30, both of the two largest public funeral home and cemetery operating companies in America are expected to report their 3rd Quarter 2024 […] Read More
In less than a month Carriage Services will be hosting the inaugural “Carriage Cares Open”. This fund-raising golf tournament will be held on October 10 at the Woodlands Resort Golf Club in Houston, Texas. The one-day Scramble event will raise money for the Carriage Cares Foundation and benefit the […] Read More
Last week we learned of an August 1, 2024, event which required the filing of a Securities and Exchange (SEC) Form 13G. That event was the acquisition of more than 5.0% of the common stock of Carriage Services by an entity. As you can see from this form, […] Read More
The American stock market closed on Thursday, March 28, 2024, for the last time in the calendar of the 2024 First Quarter. If you look at the results so far for the overall market for these first 3 months you would have to say that the results of the […] Read More
Back in 2017 when I served on the board of the University of Minnesota I had a hand in the hiring of new Head Football Coach P.J. Fleck. Coach Fleck is still there and has had some success coaching in the Big Ten. Outside of the improvement […] Read More
Park Lawn Corporation (PLC), a publicly-held funeral home and cemetery operator reported their 2023 4th Quarter and 2023 Full-Year financial results last week. In those results, which you can see here, the company reported revenues for both the 4th Quarter and Full-Year of 2023 increasing from the […] Read More
Mel Payne has been listed as the co-founder, CEO, and Chairman of the Board at funeral home and cemetery operator Carriage Services since 1991. In the company’s 2023 Year End Report which was made public on February 21 of this year, the company made note that Mr. Payne “has […] Read More
Our friends at Funeral365 are bringing us a free webinar where those of us with small funeral homes have the opportunity to gain insight on how the bigger consolidators are using technology to help innovate and grow. On Thursday, March 7, from 11 am until noon Eastern […] Read More
American funeral home and cemetery operator Carriage Services recently shared the results of their 4th Quarter and Year-End financials with the public. In doing so, and in spite of a continuing COVID “pull forward” impact resulting in modest declines in funeral contract volume experienced during the year, the company […] Read More
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 […] 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 […] Read More
