Carriage Services Announces Strategic National Partnership to Grow Pre-Arranged Funeral Sales and Deliver Unparalleled Service
16 Maio 2023 - 5:30PM
Carriage Services, Inc. (NYSE: CSV) today announced a landmark
national agreement with National Guardian Life Insurance Company
(NGL), which has provided insurance solutions for over 100 years,
and Precoa, the premier pre-arranged funeral sales and marketer in
the death care industry. 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. "By combining the expertise
and heritage of NGL, the innovative and industry-leading preneed
solutions of Precoa and the customer-centric approach of Carriage
Services, we are elevating our pre-arranged funeral offering across
all Carriage locations and ensuring families receive personalized
support and peace of mind as they plan for their end-of-life
celebration. 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.
Certain statements made herein or elsewhere by,
or on behalf of, the Company that are not historical facts are
intended to be forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and
contains certain statements and information that may constitute
forward-looking statements within the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements
made herein, other than statements of historical information,
should be deemed to be forward-looking statements, which include,
but are not limited to, statements regarding any projections of
equity performance, market share growth, or financial and
operational performance; any statements of the plans, timing, and
objectives of management regarding the announcement of our
pre-arranged funeral sales and insurance partnership, including,
for example, the anticipated results, expectations, and demand for
such services and offerings; any statements of belief; and any
statements of assumptions underlying any of the foregoing and are
based on our current expectations and beliefs concerning future
developments and their potential effect on us. These statements are
based on assumptions that the Company believes are reasonable as
and when made; however, many important factors, as discussed under
"Risk Factors" in our Annual Report on Form 10-K for the year
ended December 31, 2022 and our Quarterly Report on Form
10-Q for the quarter ended March 31, 2023, could cause the
Company's actual results in the future to differ materially from
the forward-looking statements made herein and in any other
documents or oral presentations made by, or on behalf of, the
Company. Investors are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date of the
applicable communication and we undertake no obligation to publicly
update or revise any forward-looking statements except to the
extent required by applicable law. A copy of the Company's Annual
Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q,
and other filings with the SEC, are available
at www.carriageservices.com.
For more information, please email
InvestorRelations@carriageservices.com.
Carriage Services (NYSE:CSV)
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