StoneMor Partners L.P. Issues Update on Sales Team Development


TREVOSE, Pa., Aug. 11, 2017 (GLOBE NEWSWIRE) -- 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 July 31, 2017 numbered 770, which was 81 more than the prior year comparable period, while reflecting an increase of 17 from the 753 individuals reported at June 30, 2017.

The number of salespeople who made a sale during the month of July 2017 was 660, a decrease of 1 from the 661 reported for July 2016.   The number of salespeople who made a sale in July 2017 increased by 24 from the 636 who made a sale in June 2017.

Salespeople within total salesforce:
    
 As of July 31, 2017   770 
 As of July 31, 2016   689 
 Increase/(decrease)   81 
    
 As of June 30, 2017   753 
 Increase/(decrease)    17 
    
Salespeople that made a sale:
    
 Month of July 2017   660 
 Month of July 2016   661 
 Increase/(decrease)    (1)
    
 Month of June 2017   636 
 Increase/(decrease)    24 
    

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 98 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


            

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