SCI’s $1B Preneed Surge, Greenbelt Mega-Cemetery Push & Missouri License Battles
In this weekly rundown of news from around the funeral service industry, Tony Russo discusses recent corporate earnings, high-profile legal and regulatory battles, cemetery developments, and the growing influence of private equity.
Key Topics & Stories Discussed
1. Service Corporation International (SCI) Earnings Call
* Financial Performance: SCI reported strong overall growth compared to last year, though volumes fell slightly short of expectations, prompting adjustments to their financial projections.
* Pre-Need Sales & Strategy: SCI achieved nearly $1 billion in pre-need sales over the…
The skinny
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