Colchester Carriage Servicing Depot

Carriage Services Confirms Continuation of Review of Strategic Alternatives

Retrieved on: 
Tuesday, October 3, 2023
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HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) today confirmed that, as noted in its press release issued on June 29th, Carriage’s Board of Directors continues its process to review strategic alternatives to maximize shareholder value.

Key Points: 
  • HOUSTON, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) today confirmed that, as noted in its press release issued on June 29th, Carriage’s Board of Directors continues its process to review strategic alternatives to maximize shareholder value.
  • The Company does not intend to comment further unless and until there is an actionable matter that requires announcement.
  • Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States.
  • Carriage operates 171 funeral homes in 26 states and 32 cemeteries in 11 states.

Carriage Services Announces Election of Julie Sanders to Board of Directors

Retrieved on: 
Tuesday, July 25, 2023
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HOUSTON, July 25, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has elected Julie Sanders as an independent member of the Board, effective immediately.

Key Points: 
  • HOUSTON, July 25, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has elected Julie Sanders as an independent member of the Board, effective immediately.
  • “We are excited to welcome Julie to the Carriage Board,” said Carriage’s Executive Chairman, Mel Payne.
  • Julie’s addition to the Board further supports our commitment to enhancing the Company’s focus on governance this year,” said Carriage CEO and Vice Chairman of the Board, Carlos Quezada.
  • Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States.

Carriage Services Announces Election of Somer Webb to Board of Directors

Retrieved on: 
Wednesday, July 5, 2023
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HOUSTON, July 05, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has elected Somer Webb as an independent director, effective immediately.

Key Points: 
  • HOUSTON, July 05, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that its Board of Directors (the “Board”) has elected Somer Webb as an independent director, effective immediately.
  • Ms. Webb, 44, will serve as the Chair of the Board’s Compensation Committee and as a member of the Board’s Audit and Corporate Governance Committees.
  • Following the appointment of Ms. Webb, the Board will comprise seven directors, five of whom are independent.
  • “The addition of Somer Webb to Carriage’s Board of Directors is consistent with our commitment to listen to feedback from our shareholders and take steps to enhance our corporate governance,” said Carriage’s Executive Chairman Mel Payne.

Carriage Services Announces Review of Strategic Alternatives

Retrieved on: 
Thursday, June 29, 2023
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HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) today announced that its Board of Directors has initiated a process to explore potential strategic alternatives, possibly including a sale, merger or other potential strategic or financial transaction, to maximize shareholder value.

Key Points: 
  • HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) today announced that its Board of Directors has initiated a process to explore potential strategic alternatives, possibly including a sale, merger or other potential strategic or financial transaction, to maximize shareholder value.
  • There can be no assurance that this process will result in a transaction or, if a transaction does occur, the timing of any such transaction.
  • The Company does not intend to comment further on this process unless there are material developments to report.
  • Lazard is serving as financial advisor and Sidley Austin LLP is serving as legal advisor to the Company.

Carriage Services Appoints Carlos R. Quezada as Chief Executive Officer; Mel Payne Assumes Role of Executive Chairman of the Board of Directors

Retrieved on: 
Thursday, June 22, 2023
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HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that Carlos R. Quezada has been appointed as Chief Executive Officer of Carriage, effective immediately. Mr. Quezada serves as Vice Chairman of the Board and most recently served as President and Chief Operating Officer. The Company’s founder and current CEO, Mel Payne, will now serve as Executive Chairman of the Board of Directors, also effective immediately.

Key Points: 
  • HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Carriage Services, Inc. (NYSE: CSV) (“Carriage” or the “Company”) announced today that Carlos R. Quezada has been appointed as Chief Executive Officer of Carriage, effective immediately.
  • Mr. Quezada serves as Vice Chairman of the Board and most recently served as President and Chief Operating Officer.
  • The Company’s founder and current CEO, Mel Payne, will now serve as Executive Chairman of the Board of Directors, also effective immediately.
  • The Board has also recognized his talent and achievements, which culminated in appointing Carlos as President in 2022, and ultimately electing him to serve on the Board as Vice Chairman earlier this year.

US Death Care Market 2023 - 2028: Service Corporation, StoneMor Partners, Carriage Services and NorthStar Memorial - ResearchAndMarkets.com

Retrieved on: 
Monday, June 12, 2023
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This report provides a comprehensive and current market scenario of US death care, including the US death care market size, anticipated market forecast, relevant market segmentations, and industry trends.

Key Points: 
  • This report provides a comprehensive and current market scenario of US death care, including the US death care market size, anticipated market forecast, relevant market segmentations, and industry trends.
  • The study considers a detailed scenario of the present death care market and its market dynamics for 2023-2028 in the US.
  • In the US death care market, pricing, location, and professionalism are the three main criteria for selecting death care service consumers.
  • Many companies offer personalized services and products, such as caskets and urns, which are trending in the US death care market.

Carriage Services Announces Strategic National Partnership to Grow Pre-Arranged Funeral Sales and Deliver Unparalleled Service

Retrieved on: 
Tuesday, May 16, 2023
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This strategic partnership will deliver exceptional pre-arranged funeral services and offerings across the Carriage Services platform, empowering families with unparalleled peace of mind and an elevated customer experience.

Key Points: 
  • This strategic partnership will deliver exceptional pre-arranged funeral services and offerings across the Carriage Services platform, empowering families with unparalleled peace of mind and an elevated customer experience.
  • "We are excited to announce this transformative national agreement and partnership between NGL, Precoa and Carriage Services," said Carlos Quezada, Vice Chairman, President and Chief Operating Officer of Carriage Services.
  • In addition, this transformative partnership will enable Carriage to reach new audiences, forge deeper customer relationships and to grow market share, ultimately creating value for our shareholders.”
    Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States.
  • Carriage operates 173 funeral homes in 26 states and 32 cemeteries in 11 states.

Carriage Services Announces High Performance and Credit Profile Restoration Plan

Retrieved on: 
Monday, December 12, 2022
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Our fourth quarter 2022 performance is trending stronger than expected against a tough record comparable performance last year.

Key Points: 
  • Our fourth quarter 2022 performance is trending stronger than expected against a tough record comparable performance last year.
  • I am pleased to announce on behalf of our Executive Team and Board of Directors that we have developed, organized and launched an operating and financial plan for 2023 and 2024 titled High Performance and Credit Profile Restoration Plan (HPCPRP).
  • Carriage Services has scheduled a conference call for tomorrow, December 13, 2022 at 9:30 a.m. central time.
  • Total Debt Outstanding is defined as indebtedness under our bank credit facility, senior notes due 2029, acquisition debt and finance leases.

United States Funeral Homes, Cemeteries & Crematories Industry Data Pack 2022: 1985-2019 Actual Data, 2020-2021 Estimates, 2022 & 2025 Forecasts - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022
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The "The U.S. Funeral Homes, Cemeteries & Crematories Industry: Data Pack" report from Marketdata LLC has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "The U.S. Funeral Homes, Cemeteries & Crematories Industry: Data Pack" report from Marketdata LLC has been added to ResearchAndMarkets.com's offering.
  • The $20 billion U.S. funeral homes industry is a mature, low-growth and fragmented business comprised of mostly independent services.
  • cost per funeral)
    2022 & 2025 Forecasts & Rationale: Marketdata forecasted receipts growth, value of industry revenues, long-term outlook, positive & negative factors.
  • Addresses, phones, contacts at major industry trade associations, trade journals, industry research reports by brokerage firms.

Carriage Services Announces the Acquisition of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery

Retrieved on: 
Tuesday, October 25, 2022
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HOUSTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery ("Heritage"), a business consisting of three stand-alone funeral homes, a cemetery, and a cremation focused business, located in the Charlotte, North Carolina market.

Key Points: 
  • HOUSTON, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Carriage Services, Inc. (NYSE: CSV) ("Carriage" or "Carriage Services") is pleased to announce that it has acquired substantially all the assets of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery ("Heritage"), a business consisting of three stand-alone funeral homes, a cemetery, and a cremation focused business, located in the Charlotte, North Carolina market.
  • I cannot wait to see what the future holds for all of us, stated Harris High and Carolyn Williams, former owners of Heritage Funeral and Cremation Services and Forest Lawn East Cemetery for the last 25 and 51 years, respectively.
  • "As we have gotten to know Harris and Carolyn, we have had the good fortune to learn more about their passion for Heritage, Forest Lawn East, their community and their team.
  • Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States.