Stewart Enterprises Profit Decline Shows Funeral Industry Decline|Your Funeral Guy

12 Jun

A decline in profits in the second largest funeral corporations profits is a further example of traditional funeral industry decline.  This is  according to the Wall Street Journal on Stewart Enterprises:

Stewart Enterprises Inc.’s (STEI) fiscal second-quarter earnings fell 5.4% despite better sales, surprising analysts, who on average expected an earnings increase, as the funeral company’s margin suffered despite better sales.

via online.wsj.com

I had the occasion to do a traditional funeral this week. I observed a significant number of cremated remains in the fueral home’s office waiting to be returned to families.

This was a hard reminder of the rise of cremation and the demise of the traditional funeral and the traditional funeral industry.

Funeral Industry|Funeral News|Funeral Blog by Your Funeral Guy

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