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Park Lawn Corp T.PLC

Park Lawn Corporation is engaged in providing goods and services associated with the disposition and memorialization of human remains. The Company and its subsidiaries own and operate businesses, including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Its primary products and services are cemetery lots, crypts, niches, monuments, caskets, urns and other merchandise, funeral services, after-life celebration services and cremation services. Its products and services are sold on a pre-planned basis or at the time of death. It has one stand-alone funeral home located in Durham, North Carolina; one stand-alone funeral home and one on-site funeral home and cemetery located in Abingdon, Virginia; eight stand-alone funeral homes, two stand-alone cemeteries and one on-site funeral home and cemetery located in and around the Savannah, Tennessee area; three stand-alone funeral homes located in Brampton, Woodbridge and Toronto, Ontario and more.


TSX:PLC - Post by User

Post by retiredcfon Apr 03, 2021 9:33am
254 Views
Post# 32933512

Weekly Stars & Dogs

Weekly Stars & Dogs

Park Lawn (STAR)

A lot of people are dying to invest in Park Lawn’s stock, apparently. Shares of the funeral home and cemetery operator surged to a record high after it reported a 35-per-cent increase in revenue for the fourth quarter, lifted by acquisitions and strong demand for the company’s products and services. Park Lawn – whose earnings easily topped analysts’ expectations – also announced a series of acquisitions in North Carolina, Tennessee, Texas and Wisconsin that deepened its presence in the U.S. market. You can’t take it with you, but investors are enjoying it while they can.

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