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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1673 |
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Adlerwoods stock performance has outpaced the S & P 500 over the previous two years (Yahoo! Finance). In fact, since 2003 Alderwoods has had 13 consecutive quarters of growth in its average revenue per funeral (Crotty) and its stock price has risen from $3.00 to over $15 per share (Yahoo! Finance).
Strengths
Besides being able to reduce its debt, Alderwoods is transitioning from a more traditional management method where casket sales dictate the profitability to a service-oriented model that focuses on the actual service itself, dictating profitability...
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One of the advantages of having corporate run facilities is the economies of scale when working with vendors that supply caskets, urns, etc. In addition, many of the funeral homes that are near each other have the opportunity to reduce overhead by sharing their resources such as hearses and embalmers...
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