|
(dollars in thousands, except per share amounts.)
|
  |
Stewart Enterprises, Inc. (the “Company”) is the third largest provider of funeral and cemetery products and services in the death care industry in the United States. Through its subsidiaries, the Company offers a complete line of funeral merchandise and services, along with cemetery property, merchandise and services at the time of need and on a preneed basis.
As of October 31, 2001, the Company owned and operated 319 funeral homes and 151 cemeteries in 30 states within the United States and Puerto Rico, and 197 funeral homes and 8 cemeteries in Canada, Spain, Portugal, Argentina and France. For the year ended October 31, 2001, foreign operations contributed approximately 17 percent of total revenue and, as of October 31, 2001, represented approximately 5 percent of total assets. In fiscal year 2001, the Company sold its operations in Mexico, Australia, New Zealand, Belgium and the Netherlands which consisted of 94 funeral homes and 2 cemeteries.
|
|
|
