A funeral in Milwaukee that was affected by new rules limiting gatherings due to the coronavirus outbreak.
Shares of the largest US funeral-related companies have tumbled along with Wall Street in recent weeks as investors struggle with uncertainty around the pandemic. “We have a plan for each one of our 219 businesses out there,” Carriage Services President Bill Goetz said, citing the company’s focus on safety.
As well as taking a hit from offering fewer elaborate ceremonies, funeral homes may also struggle to pre-sell packages, a source of sales that some of them have relied on for growth in recent years.
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