The funeral business is booming. And not because of Covid
ALEX BERENSON
So Service Corporation expected that once Covid passed, its business would go back to normal…
What we would have expected is, why wouldn’t we go back towards, let’s say, a 2019 level, maybe you get a percent or so growth of 2019, I would expect that. So that would be a reasonable level that we think would stabilize. And that’s kind of what we anticipated…
Only that’s not what has happened.
What we’re telling you is, the third quarter of this year, we did 15% more calls than we did in the third quarter of 2019. That is not what anybody would have anticipated and that has just a very de minimis amount of Covid deaths [emphasis added] in it.
https://alexberenson.substack.com/p/the-funeral-business-is-booming-and/comments