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Service Corporation International Renews Partnership with TAPS, Supporting Survivors of Military Loss SCI Announces Second Quarter 2022 Financial Results HOUSTON,TX— Service Corporation International and its brand, Dignity Memorial®, have again partnered with Tragedy Assistance Program for Survivors (TAPS) to support individuals grieving the loss of a military loved one. For the second year in a row, SCI and Dignity Memorial will be an official partner of TAPS with a $250,000 contribution, bringing its investment in TAPS to $500,000 to date, which will provide valuable support for programs and materials to help survivors cope with HOUSTON,TX— Service Corporation International (NYSE: SCI) reported results for the second quarter of 2022. Revenue grew $3 million over the prior year quarter; GAAP earnings per share were $0.82; and adjusted earnings per share were $0.84. Tom Ryan, the Company’s Chairman and CEO, commented on second quarter results: “Today we are very pleased to report solid adjusted earnings per share of $0.84 and net cash provided by operating activities of $141 million for the second quarter of 2022. While our earnings per share is slightly below the prior year quarter that was materially impacted by the effects of COVID-19, we are still performing notably more services, generating significantly more preneed cemetery sales, and delivering a compelling increase in earnings per share as compared to 2020 and pre-pandemic levels. “These results would not be possible without the hard work of our 24,000 associates. I would like to thank our entire SCI family for helping our client families gain closure and healing through remembrance and celebration.” Quarterly Dividend Declared SCI announced that its Board of Directors has approved a quarterly cash dividend of twenty-five cents per share of common stock. The quarterly cash dividend is payable on September 30, 2022 to shareholders of record at the close of business on September 15, 2022. Service Corporation International, headquartered in Houston, is North America’s leading provider of funeral, cemetery and cremation services, as well as final-arrangement planning in advance, serving more than 600,000 families each year. At June 30, 2022, we owned and operated 1,459 funeral service locations and 488 cemeteries (of which 300 are combination locations) in 44 states, eight Canadian provinces, the District of Columbia, and Puerto Rico. For more information visit www.sci-corp.com or www. dignitymemorial.com. grief and loss. Funds were provided through the SCI Foundation, the company’s nonprofit charitable giving arm. SCI and Dignity Memorial’s contribution has been invested in various survivor support and outreach programs including the TAPS Survivor Care team, the initial line of support to the newly bereaved, connecting survivors with all of the care and resources TAPS has to offer. Additionally, support from SCI and Dignity Memorial has supplied TAPS survivors with critical print resources, providing guidance on practical matters like education and financial benefits and intangible topics of grief and loss. “Our Dignity Memorial associates support military families in our communities and honor their sacrifices and service to our country in many ways,” said SCI Senior Vice President and Chief Operating Officer Jay Waring. “Our partnership with TAPS reinforces our commitment to honoring those who have served by helping their loved ones process their grief.” Bonnie Carroll, TAPS Founder and President, added, “TAPS is honored to be partnering with SCI to support our military survivors. The entire organization has shown their dedication to honoring the lives of those who have served and died for our country’s freedoms by caring for the families they loved and left behind.” SCI and Dignity Memorial’s commitment to honoring those who serve encompasses several programs and initiatives, including: • The Dignity Memorial Homeless Veterans Burial Program, founded in 2000, ensures honorable and dignified burials for qualifying homeless or indigent veterans. • Affinity partnerships with certain veterans organizations offer discounted packages on arrangements. • SALUTE, an internal associate resource community for veterans and veteran advocates. Since 1994, TAPS has provided support and hope around the clock through a national peer support network, grief counseling services and support groups – all at no cost to surviving families and loved ones. TAPS also provides a variety of programs to survivors worldwide, as well as resources for grief professionals to better serve the military and veteran communities. Now is the PERFECT time to order the PERFECT gifts! “ I Love My Funeral Di rector” “ I Love My Cemeter ian” www.NomisPublications.com ~ 1-800-321-7479 Order Your Favorite Plush Animal Funeral Director ~ Cemeterian ~ Customization Avai lable Send Us Your News! We welcome news of the industry. info@NomisPublications.com FAx 1-800-321-9040 PO Box 5159, Youngstown, OH 44514 CALL 1-800-321-7479 FUNERAL HOME & CEMETERY NEWS
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