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Carriage Services CIO Rob Franch resigns effective Aug 13, 2026; separation agreement signed
Rob Franch resigned as CIO effective Aug 13, 2026; no disagreement with company or board on operations, policies, or controls.
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Carriage Services Q2 2026 adjusted EPS $0.78, revenue $102.9M; confirms 2026 EPS midpoint
GAAP diluted EPS $0.77 vs $0.74 YoY; adjusted diluted EPS $0.78 vs $0.74.
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Carriage Services annual meeting: board declassification fails; incentive plan, say-on-pay, auditor ratified
Donald D. Patteson, Jr. and Douglas B. Meehan elected as Class III directors for three-year terms.
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Carriage Services Q1 2026: Revenue $106.1M, Adj. EBITDA up 2.4%; Announces $100M ATM Equity Program
GAAP diluted EPS $0.84 vs $1.34 prior year; operating income $25.3M vs $31.6M (includes $7.8M prior-year gain on divestitures).
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Carriage Services Q4 GAAP EPS $0.77 (+24%), revenue $105.5M (+8%); issues 2026 guidance
GAAP diluted EPS $0.77 (Q4) vs $0.62 prior year (+24.2%); adjusted diluted EPS $0.75 vs $0.62 (+21.0%).
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Carriage Services promotes Steve Metzger to President and COO; other exec changes announced
Steve Metzger promoted to President and COO effective Feb 2, 2026, overseeing operations, sales, marketing, and M&A.
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Carriage Services Q3 adj EPS $0.75, +17.2% YoY; revenue $102.7M, +2%
GAAP EPS $0.41 vs $0.63 YoY; adjusted EPS $0.75 vs $0.64, up 17.2%.
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Carriage Services Q2 EPS $0.74 (up 85% YoY), announces acquisitions, raises FY outlook
GAAP diluted EPS $0.74 vs $0.40 (up 85.0%); adjusted EPS $0.74 vs $0.63 (up 17.5%).
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Carriage Services holds 2025 annual meeting; all director nominees elected
Shareholders elected Chad Fargason, Carlos R. Quezada, and Dr. Edmondo Robinson as Class II directors for three-year terms.
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Carriage Services Q1 2025 GAAP diluted EPS $1.34, up 197.8% YoY; revenue $107.1M, up 3.5%
GAAP net income $20.9M vs $7.0M; GAAP diluted EPS $1.34 vs $0.45; adjusted diluted EPS $0.96 vs $0.75 (28% increase).
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Carriage Services Q4 revenue $97.7M, FY adj. EPS $2.65 (+21%); issues 2025 guidance; elects new Non-Executive Chair
Full year 2024 revenue $404.2M (+5.7%), adjusted EBITDA $126.2M (+11.5%), adj. diluted EPS $2.65 (+21.0%), exceeding guidance.
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Carriage Services appoints John Enwright as CFO effective Jan 2, 2025
John Enwright named SVP, CFO & Treasurer, starting Jan 2, 2025.
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Carriage Services amends Code of Business Conduct and Ethics with no waivers
Board approved amendments effective Oct 30, 2024; applies to all directors, officers, and employees.
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Carriage Services Q3 revenue $100.7M (+11.3% YoY), EPS $0.63 vs $0.30; raises full-year guidance
Revenue $100.7M (+11.3% YoY); GAAP net income $9.9M (+112.4%); adjusted EBITDA $30.7M (+26.7%).
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Carriage Services Q2 revenue up 4.8% to $102.3M; adjusted EPS $0.63; raises FY 2024 guidance
Q2 GAAP diluted EPS $0.40 vs $0.53 YoY; adjusted diluted EPS $0.63 vs $0.53 (+18.9%).
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CFO L. Kian Granmayeh resigns; Kathryn Shanley named interim CFO
Granmayeh resigns as EVP, CFO & Treasurer effective July 1, 2024; resignation not related to any disagreement.
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Carriage Services Announces 2024 Annual Meeting Results and Committee Chair Appointment
Shareholders elected Julie Sanders and Somer Webb as Class I directors with over 7.7 million votes each.
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Carriage Services Q1 revenue up 8.4% to $103.5M; adjusted EPS up to $0.75 from $0.56
Total revenue $103.5M (+8.4% YoY); cemetery preneed sales jumped 38.4%.
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Carriage Services appoints Kathryn Shanley as Chief Accounting Officer
Shanley appointed CAO effective March 25, 2024; Granmayeh ceases as Principal Accounting Officer but remains CFO.
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Carriage Services realigns board classes; elects first Non-Executive Chairman
Julie Sanders resigned as Class II director and was re-elected as Class I director to equalize board classes.
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Carriage Services appoints CFO Granmayeh as Principal Accounting Officer; amends executive agreements
Appointed L. Kian Granmayeh (EVP & CFO) as Principal Accounting Officer effective Feb 21, 2024; replaces Adeola Olaniyan who remains Corporate Controller.
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Carriage Services Q4 revenue up 5.2%; founder Payne steps down; strategic review ends with no sale
Q4 revenue $98.8M (+5.2% YoY); adj. EBITDA $32.4M (+13.2% YoY); adj. diluted EPS $0.77 vs $0.64.
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Carriage Services Q3 revenue up 3.4% to $90.5M; tightens FY guidance
Total revenue $90.5M (+3.4% YoY), net income $4.6M ($0.30 diluted EPS) vs $5.9M ($0.38) prior year.
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Carriage Services confirms ongoing strategic alternatives review, no new details
Board continues review to maximize shareholder value; no actionable matter to announce yet.
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Carriage Services Q2 revenue up 7.8% to $97.7M; adjusted EBITDA margin expands to 29.4%
Total revenue $97.7M (+7.8% YoY); cemetery revenue grew 16.1%, funeral 4.6%.
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Carriage Services board changes: Fingerhut resigns, Sanders elected independent director
Barry K. Fingerhut resigned from the Board effective July 25, 2023; no disagreement with company.
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Carriage Services elects Somer Webb as independent director, expands Board to 7
Somer Webb elected effective July 5, 2023; Board increases from six to seven directors.
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Carriage Services initiates strategic alternatives review including possible sale or merger
Board of Directors launched process to explore strategic alternatives to maximize shareholder value.
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Carriage Services appoints Carlos Quezada as CEO; founder Mel Payne becomes Executive Chairman
Carlos Quezada, previously President & COO, named CEO effective June 21, 2023.
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Two Carriage Services directors fail to win majority; say-on-pay not approved
Douglas Meehan received 5,186,668 votes for, 5,329,120 withheld; Donald Patteson 5,029,684 for, 5,486,104 withheld; neither elected.
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Carriage Services Q1 revenue down 3%, EPS down to $0.57; acquires Greenlawn; appoints new CFO
Revenue $95.5M, down from $98.2M YoY; net income $8.8M ($0.57 EPS) vs $16.4M ($1.00 EPS) last year.
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CEO Melvin Payne adopts 10b5-1 plan to sell up to 350,000 shares through Dec 2024
CEO Melvin Payne entered Rule 10b5-1 trading plan on March 13, 2023.
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Carriage Services appoints new CFO; CEO suffered stroke but expected to recover
Appointed Kian Granmayeh as EVP, CFO and Treasurer effective March 13, 2023; base salary $500,000, target bonus 100% of salary, 15,000 RSUs with 3-year vest.
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Carriage Services elects President/COO Carlos Quezada to Board as Vice Chairman
Carlos R. Quezada elected Class II director, effective immediately, until 2025 annual meeting.
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Carriage Services Q4 net income falls 38% to $8.2M; full-year EPS $2.63, guides 2023 EPS $2.25-2.40
Full year 2022 total revenue $370.2M (down 1.5% YoY); net income $41.4M (up 25% YoY); diluted EPS $2.63 (up 45% YoY).
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Carriage Services appoints Adeola Olaniyan interim CFO after Brink resignation
Carl Benjamin Brink resigned as EVP, CFO and Treasurer effective January 2, 2023.
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Carriage Services launches HPCPRP plan, targets 2024 revenue $390-400M, acquires Greenlawn
Definitive agreement to acquire Greenlawn Funeral Homes and Cemeteries (Bakersfield, CA); expected close early 2023; proforma 2023 revenue ~$23-24M, EBITDA ~$8-9M.
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Carriage Services Q3 revenue $87.5M, adjusted EPS $0.45; acquisitions & leadership changes
Q3 total revenue $87.5M, down 7.9% YoY; GAAP diluted EPS $0.38, down 46.5%.
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Carriage Services CFO Ben Brink to resign effective Jan 2, 2023; search underway
CFO Ben Brink resigns effective Jan 2, 2023; will serve as consultant through June 30, 2023.
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Carriage Services Q2 revenue record $90.6M (+2.6%); GAAP EPS $0.69; pivots to acquisitions, drops guidance
Q2 revenue $90.6M (record, +2.6% YoY); GAAP net income $10.9M (+276.7%); GAAP diluted EPS $0.69 vs $0.32.
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Carriage Services amends credit facility: revolver raised to $250M, leverage cap to 5.25x
Revolving credit commitments increased from $200M to $250M; $180.3M drawn as of May 27, 2022.
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Carriage Services director resigns after majority vote withheld; another retained by board
Bryan D. Leibman received 4,168,991 For vs 6,868,991 Withheld; board accepted his resignation effective May 17.
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Carriage Services Q1 revenue $98.2M, GAAP EPS $1.00, adjusted EPS $0.92; record quarter
Revenue $98.2M (+1.6% YoY); GAAP diluted EPS $1.00 (+40.8%); adjusted diluted EPS $0.92 (+13.6%).
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Carriage Services Q4 revenue $95.9M, adj. EPS $0.78; Quezada promoted to President and COO
Full-year 2021 revenue $375.9M (+14.1% YoY); GAAP diluted EPS $1.81, adjusted $3.02 (+62.4% YoY).
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Carriage Services increases revolving credit facility to $200M from $150M
Revolving credit commitment increased by $50M to $200M via Nov 22, 2021 amendment.
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Carriage Services reports record Q3 revenue $95.0M, adj. EPS $0.82, raises share buyback by $75M, increases dividend
Q3 revenue $95.0M (+12.6% YoY); adj. diluted EPS $0.82 (+60.8% YoY); GAAP diluted EPS $0.71.
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Carriage Services record Q2 revenue $88.3M, adj. EPS $0.64; repurchase program boosted by $25M
Total revenue $88.3M (+13.9% YoY); adjusted diluted EPS $0.64 (+42.2%).