Navigation Links
Carriage Services Announces Fourth Quarter 2008 Results
Date:2/26/2009

on of the underperformance occurred at Rolling Hills Memorial Park where a new sales manager has been busy rebuilding a sales organization that can execute our product sales program more effectively. Our Acquisition Cemetery portfolio provided an incremental $2.1 million in revenues and $0.9 million in Field EBITDA in 2008 compared to 2007.

In order to increase revenues from preneed property sales, Carriage began an initiative in the third quarter of 2008 to increase both the quantity and quality of the cemetery sales counselors at our major parks. Management believes that this hiring initiative was approximately 80% complete at year end and continued hiring emphasis should achieve appropriate staffing by the end of the first quarter of 2009. General economic weakness continued in some of the Company's key markets and is having a negative impact on revenues, particularly preneed property sales.

LITIGATION

Carriage has reached a tentative settlement in a class action matter alleging violations of state and federal wage and hour laws. As a result of the settlement, there was a $3.5 million charge, including related legal fees, in the fourth quarter of 2008.

OVERHEAD

Total Overhead, excluding special charges, increased to $5.8 million in the fourth quarter of 2008 from $5.4 million in the fourth quarter of 2007. For the full year, Total Overhead increased $0.2 million, equal to 1.0%, to $20.1 million, but declined as a percent of total revenue by 50 basis points to 11.4%. The year over year increases in overhead were primarily related to upgrading of regional operating leadership during the last two years. In order to effectively manage our largest cost during the current economic crisis, the Company froze the salaries and wages of all employees during December 2008.

INCOME TAXES

During the fourth quarter Carriage revised its ef
'/>"/>

SOURCE Carriage Services, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Related medicine news :

1. Carriage Services Announces Fourth Quarter Earnings Release And Conference Call Schedule
2. Carriage Services Announces Third Quarter 2008 Results
3. Carriage Services Updates Company & Investment Profile
4. Carriage Services Announces First Quarter Earnings Release and Conference Call Schedule
5. Women Veterinarians Face Higher Miscarriage Risk
6. Leicester medical team announces predictor for pregnant women who may have miscarriages
7. Carriage Services Reports 2007 Full Year Results
8. Carriage Services Announces Fourth Quarter and Year-End Earnings Release and Conference Call Schedule
9. Once Again, Caffeine Linked to Miscarriage
10. New Kaiser Permanente study fortifies caffeines link to miscarriage
11. Kaiser Permanente study shows link between caffeine and miscarriage
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/22/2014)... HealthDay Reporter , TUESDAY, Oct. 21, ... may lead to increased blood pressure, according to a new ... in blood pressure for young adult women or for teenagers, ... drank lightly or moderately, their risk of high blood pressure ... parallels studies in older adult men and women," said lead ...
(Date:10/22/2014)... taken by Firestone officials at the company,s rubber ... spread of the disease there and could prove effective ... provides health services to about 80,000 employees, retirees, their ... Between Aug. 1 and Sept. 23, there were 71 ... That incidence rate of 0.09 percent was much lower ...
(Date:10/22/2014)... HealthDay Reporter TUESDAY, Oct. 21, 2014 ... while working for NBC News in Liberia has cleared ... unit at Nebraska Medical Center in Omaha, where he had been ... A blood test confirmed by the U.S. Centers for Disease Control ... Providence, R.I., NBC News reported Tuesday night. "Recovering ...
(Date:10/20/2014)... 20, 2014 With a mere 19 ... Crist made a brief fundraising stop at the ... , Fresh from a debate last night with his ... stage for the first seven minutes because Crist had ... described the incident in one word: "weird." , Before ...
(Date:10/20/2014)... Wakefield, MA (PRWEB) October 20, 2014 ... be sponsoring a booth at the American Foundation for ... October 25th. The AFSP is a not-for-profit organization that ... year. Net proceeds from these events are used to ... research, but education and personal relationships as well. ...
Breaking Medicine News(10 mins):Health News:Binge Drinking May Boost Blood Pressure in Young Men 2Health News:Binge Drinking May Boost Blood Pressure in Young Men 3Health News:Binge Drinking May Boost Blood Pressure in Young Men 4Health News:Tire Company Sets Standard for Ebola Care in Liberia: CDC 2Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 2Health News:U.S. Cameraman Treated for Ebola 'Free' of the Virus 3Health News:At Crist Fundraiser, Dan Newlin Says, "No More Robert Germans," Will Seek Changes to Florida Missing Persons Law 2Health News:At Crist Fundraiser, Dan Newlin Says, "No More Robert Germans," Will Seek Changes to Florida Missing Persons Law 3Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 2Health News:The Advocator Group, LLC is Proud to Participate in an Out of the Darkness Community Walk, October 25th, to Increase Suicide Awareness 3
... Jenifer Goodwin HealthDay Reporter , THURSDAY, Aug.5 ... village, shrapnel sliced into a 5-year-old girl,s skull, almost ... to a hospital at Bagram Airfield, where a U.S. ... priority of military surgeons is treating injured U.S. servicemen ...
... to find, here,s good news for the under-qualified: A ... ( http://www.fasebj.org ) shows that being a highly cited ... on leading management positions at research institutions. This study ... exist at research institutions where top-cited scientists either do ...
... injury for both urban and rural elderly in China, responsible ... and older, according to a new study by researchers from ... Center for Injury Research and Policy. This is the first ... older adults in China, who make up 9 percent of ...
... for-profit insurance company approved to offer government-subsidized coverage ... to primary care, according to data reported in ... Medicine . Researchers say the findings raise troubling ... which is modeled after the Massachusetts plan. ...
... Kathleen Doheny HealthDay Reporter , WEDNESDAY, Aug. 4 ... as ferroportin are tied to recurrent, aggressive breast cancers, new ... iron from cells, may someday help doctors better predict which ... the researchers say. "We had a hint that ...
... Aug. 4, 2010 The Harold C. Simmons ... attained National Cancer Institute (NCI) designation, an elite distinction ... The Simmons Cancer Center is the first medical center ... the NCI bestows upon the nation,s top cancer centers ...
Cached Medicine News:Health News:U.S. Military Surgeons Saving Children's Lives in Afghanistan 2Health News:U.S. Military Surgeons Saving Children's Lives in Afghanistan 3Health News:Help wanted: Highly cited researchers needed for high-ranking positions at research institutions 2Health News:Falls the leading cause of injury among older adults in China 2Health News:Doctors hard to find for patients in Massachusetts' first for-profit health plan 2Health News:Doctors hard to find for patients in Massachusetts' first for-profit health plan 3Health News:A New Marker to Spot Aggressive Breast Cancers? 2Health News:UT Southwestern's cancer center earns National Cancer Institute designation 2Health News:UT Southwestern's cancer center earns National Cancer Institute designation 3
(Date:10/22/2014)... 2014 Influenza will affect as many as 200,000 ... the United States as high as 49,000 people.  ... is from person to person in respiratory droplets of coughs ... of death, but kills much fewer people each year than ... human fluids including sweat, saliva, blood and other bodily fluids. ...
(Date:10/22/2014)... and AUSTIN, Texas , ... PureMHC LLC today announced they have entered into ... antibody-based immunotherapies designed to target cancers. ... peptides displayed on the surfaces of tumor cells ... targets (PTTs), derived from proteins that play a ...
(Date:10/22/2014)... SHANGHAI , Oct. 22, 2014   ... and WuXi PharmaTech (Cayman) Inc. (NYSE: WX ... comprehensive genomic profiling to biopharmaceutical companies conducting clinical trials ... Under the terms of the collaboration, Foundation Medicine will ... of Foundation Medicine,s FoundationOne® assay at the WuXi Genome ...
Breaking Medicine Technology:WholeHealth Products is proud to be releasing its Influenza A and B combo test, on the heels of the announcing of its phase 2 completion of the Rapid Ebola Test 2Biotech Companies To Co-Discover And Co-Develop Antibodies Targeting Novel Phosphopeptide Tumor Targets 2Foundation Medicine and WuXi PharmaTech Announce Strategic Collaboration to Offer Best-in-Class Comprehensive Genomic Profiling in China 2Foundation Medicine and WuXi PharmaTech Announce Strategic Collaboration to Offer Best-in-Class Comprehensive Genomic Profiling in China 3Foundation Medicine and WuXi PharmaTech Announce Strategic Collaboration to Offer Best-in-Class Comprehensive Genomic Profiling in China 4Foundation Medicine and WuXi PharmaTech Announce Strategic Collaboration to Offer Best-in-Class Comprehensive Genomic Profiling in China 5
... and VEDBAEK, Denmark, Dec. 22 AdvanDx today announced that it ... for its E. coli / P. aeruginosa PNA FISH® ... protocol reduces the PNA FISH turn-around time from the original 2.5 ... minutes to 30 minutes. Clinical validation studies performed at hospitals ...
... , , NEW YORK, Dec. 22 ... company testing its proprietary treatment method for primary and metastatic ... has joined the Company,s Scientific Advisory Board, effective immediately. ... advance the development of our Delcath PHP System(TM) with insight ...
Cached Medicine Technology:AdvanDx Receives FDA 510(k) Clearance for 90 Minutes PNA FISH(R) Protocol for Identifying Gram-Negative Bloodstream Pathogens 2AdvanDx Receives FDA 510(k) Clearance for 90 Minutes PNA FISH(R) Protocol for Identifying Gram-Negative Bloodstream Pathogens 3Professor Riccardo Lencioni Joins Delcath Systems' Scientific Advisory Board 2Professor Riccardo Lencioni Joins Delcath Systems' Scientific Advisory Board 3
Hudson Drill hand drill....
Hudson Brace, snap lock chuck....
Binocular operation microscope with innovative mechanism for smooth operation....
... has pioneered the development of ... system, an innovative solution that ... efficient and less invasive. The ... the OME-7000 surgical microscope, the ...
Medicine Products: