StoneMor Partners L.P. Issues Update on Sales Team Development
October 17 2017 - 7:00AM
StoneMor Partners L.P. (NYSE:STON)
(“StoneMor” or the “Partnership”) today provided
additional data on the ongoing restructuring of its sales
force.
Total salespeople within the salesforce at
September 30, 2017, excluding terminations, numbered 739, which was
42 more than the prior year comparable period, while reflecting an
increase of 19 from the 720 individuals reported at August 31,
2017.
The Partnership’s ongoing restructuring of its
sales force includes migrating sales managers to salary only.
Data reflecting salespeople who made a sale during the month are
cemetery sales only, but excludes selling managers and trainees.
The number of salespeople who made a sale during the month of
September 2017 was 566, an increase of 58 from the 508 reported for
September 2016. The number of salespeople who made a
sale in September 2017 decreased by 20 from the 586 who made a sale
in August 2017.
Salespeople within total
salesforce: |
|
|
|
|
|
As of September 30,
2017 |
|
739 |
|
|
As of September 30,
2016 |
|
697 |
|
|
Increase/(decrease) |
|
42 |
|
|
|
|
|
|
As of August 31,
2017 |
|
720 |
|
|
Increase/(decrease) |
|
19 |
|
|
|
|
|
Salespeople that made a sale*: |
|
|
|
|
|
Month of September
2017 |
|
566 |
|
|
Month of September
2016 |
|
508 |
|
|
Increase/(decrease) |
|
58 |
|
|
|
|
|
|
Month of August
2017 |
|
586 |
|
|
Increase/(decrease) |
|
(20 |
) |
|
|
|
|
*ex selling managers & trainees
About StoneMor Partners
L.P.
StoneMor Partners L.P., headquartered in
Trevose, Pennsylvania, is an owner and operator of cemeteries and
funeral homes in the United States, with 316 cemeteries and 94
funeral homes in 27 states and Puerto Rico.
StoneMor is the only publicly traded death care
company structured as a partnership. StoneMor’s cemetery products
and services, which are sold on both a pre-need (before death) and
at-need (at death) basis, include: burial lots, lawn and
mausoleum crypts, burial vaults, caskets, memorials, and all
services which provide for the installation of this merchandise.
For additional information about StoneMor Partners L.P., please
visit StoneMor’s website, and the investors section, at
http://www.stonemor.com.
CONTACT: |
|
John McNamara |
|
|
Director - Investor
Relations |
|
|
StoneMor Partners
L.P. |
|
|
(215) 826-2945 |
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