Service Company Worldwide (SCI) Financial institution of America Leveraged Finance Convention December 2, 2025 8:50 AM EST
Firm Contributors
Aaron Foley – Senior VP & Treasurer
Convention Name Contributors
Larry Bland – BofA Securities, Analysis Division
Presentation
Larry Bland
BofA Securities, Analysis Division
Thanks for becoming a member of us for our subsequent presentation.
Clearly, Service Corp. Worldwide has joined us right here on the convention for a few years. I at all times recognize it again to Tom and Eric becoming a member of us and so forth. And Aaron Foley is with us right now, Senior Vice President with Service Corp.
Query-and-Reply Session
Larry Bland
BofA Securities, Analysis Division
Aaron, I simply thought we would begin off, if we might, simply possibly framing type of the outlook and also you clearly put an excellent numbers just lately. Are you able to simply thoughts body the two traces of enterprise and type of the drivers?
Aaron Foley
Senior VP & Treasurer
Positively. Thanks, Larry. and good morning, everybody.
Sure, on the two traces of enterprise, clearly, we have got the funeral and the cemetery segments. They’ve continued to carry out strongly. Clearly, we have gone via the COVID pandemic, which threw some wrenches into the predictability of our companies. However I feel that the funeral perspective, it appears that evidently the volumes have normalized to a powerful diploma. Averages proceed to stay sturdy. They have been inflationary kind common will increase on the funeral aspect over the previous a number of many years, and we have type of seen that — have seen that play via even throughout the larger inflationary intervals that we noticed again in 2022, 2023.
Cemetery aspect has proceed to be sturdy as nicely. We — as I do know that we’ll speak about later, have a dynamic inside our pre-need cemetery gross sales that has massive sale dynamics however a core client dynamic as nicely. The massive gross sales may be lumpy in nature however the core