Wednesday, March 4, 2009

Service Corporation International reports 2008 financials

Here is a handful of items regarding the annual report of Servcice Corporation International, a leader in the death-care industry:
A news release about the fourth-quarter and annual finances.

Here's my summary: Cemetery revenues for the final quarter of 2008 were $160.5 million, down from $202.0 million in 4Q 2007. For the full year, 2008 revenue totaled $679.9 million, down from $760.0 million in 2007.

A transcript of the the conference call on the matter:

Here's a blurb from the company about its operations:

About Service Corporation International
Service Corporation International (NYSE: SCI), headquartered in Houston, Texas, is North America's leading provider of deathcare products and services. At December 31, 2008, we owned and operated more than 1,300 funeral homes and 350 cemeteries (of which over 200 are combination locations) in 43 states, eight Canadian provinces, the District of Columbia and Puerto Rico. Through our businesses, we market the Dignity Memorial(R) brand which offers assurance of quality, value, caring service, and exceptional customer satisfaction. For more information about Service Corporation International, please visit our website at For more information about Dignity Memorial(R), please visit

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