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’s Super Bowl Weekend and you are probably going to hear a lot about what is happening in Las Vegas over the course of the next 72 hours. And, you would have had to be hiding under a rock to not know that superstar entertainer Taylor Swift is bringing […] Read More
Matthews International, the conglomerate company with their largest portion of sales in Death Care, or what they call their Memorialization Segment, reported gross sales for their First Fiscal Quarter (October thru December 2023) of 2024 coming in at $450 million as compared to $449.2 million for the same […] Read More
I was watching the news the other day and it struck me that the issues going on in the Middle East could again cause some of the “Supply Chain” issues that we found in our businesses across America back in 2021 and 2022. Among those issues in the […] 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 […] Read More
In a press release from earlier in December, the National Funeral Director’s Association (NFDA) made note that in spite of the conern for inflation in the United States, a recent survey seemed to show that the cost of a funeral has increased less than the overall rate of inflation […] Read More
Let’s see. . . . History, contemporary issues such as branding your Direct Cremation, generational funeral home acquisitions, and even some information on Death Care investments. . . . our Top 5 read articles of the last 30 days hit exactly what we look for in getting all kinds […] Read More
Earlier this month deathtech solutions provider PlotBox announced that it ranked #27 in the 2023 Deloitte Technology Fast 50 Awards. The Fast 50 is a ranking of the growing technology companies in Ireland. According to a press release that you can read here, “PlotBox CEO Sean McAllister credits […] Read More
According to this recent article from USA Today “discretionary” consumer spending is down, consumer savings rates have fell, and use of consumer credit card debt has shot up in the last quarter with its largest jump since 1999. . . . That’s probably all good information to know, […] Read More
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 […] Read More
Service Corporation International (SCI) reported 3rd Quarter financial numbers for 2023 last week which we highlighted in Monday’s edition of Funeral Director Daily. Today, we perused the company’s earnings call of last week to try to find some insight into the questions those in the profession are asking […] Read More
In an article that was published on October 1, and I’ll remind our readers that was before Park Lawn Corporation (PLC) had publicly withdrawn its $34 per share offer for Carriage Services, Seeking Alpha authors gave a positive review of Park Lawn Corporation. The article, which you […] Read More
This morning’s edition of Funeral Director Daily looked at the situation that death care companies could be in if inflation and the high interest environment we are in stay with us for some time. Interestingly enough, Seeking Alpha author Gustavo Larraga Tapia published an article last week where […] Read More
My favorite time annually at the National Funeral Directors Convention (NFDA) is when I get to roam the Expo Hall among all of Death Care’s suppliers and just visit. Sometimes it is about new and exciting products and sometimes it is just catching up with an old friend. . […] Read More
Part of our mission at Funeral Director Daily is to help the individual funeral home owner or operator understand all facets of their business better and in more depth so that they have the knowledge to make decisions moving forward. In my 35 years of owning and operating a […] Read More
