Service Corporation International (SCI) Bank of America Leveraged Finance Conference December 2, 2025 8:50 AM EST
Company Participants
Aaron Foley – Senior VP & Treasurer
Conference Call Participants
Larry Bland – BofA Securities, Research Division
Presentation
Larry Bland
BofA Securities, Research Division
Thanks for joining us for our next presentation.
Obviously, Service Corp. International has joined us here at the conference for many years. I always appreciate it back to Tom and Eric joining us and so forth. And Aaron Foley is with us today, Senior Vice President with Service Corp.
Question-and-Answer Session
Larry Bland
BofA Securities, Research Division
Aaron, I just thought we’d start off, if we could, just maybe framing kind of the outlook and you obviously put a very good numbers recently. Can you just mind frame the 2 lines of business and kind of the drivers?
Aaron Foley
Senior VP & Treasurer
Definitely. Thanks, Larry. and good morning, everyone.
Yes, on the 2 lines of business, obviously, we’ve got the funeral and the cemetery segments. They’ve continued to perform strongly. Obviously, we’ve gone through the COVID pandemic, which threw some wrenches into the predictability of our businesses. But I think that the funeral perspective, it seems that the volumes have normalized to a strong degree. Averages continue to remain strong. They’ve been inflationary type average increases on the funeral side over the past several decades, and we’ve kind of seen that — have seen that play through even during the higher inflationary periods that we saw back in 2022, 2023.
Cemetery side has continue to be strong as well. We — as I know that we’ll talk about later, have a dynamic within our pre-need cemetery sales that has large sale dynamics but a core consumer dynamic as well. The large sales can be lumpy in nature but the core
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