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


TREVOSE, Pa., Sept. 12, 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 August 31, 2017 numbered 779, which was 57 more than the prior year comparable period, while reflecting an increase of 9 from the 770 individuals reported at July 31, 2017.

The number of salespeople who made a sale during the month of August 2017 was 672, a decrease of 35 from the 707 reported for August 2016.   The number of salespeople who made a sale in August 2017 increased by 12 from the 660 who made a sale in July 2017.

Salespeople within total salesforce:                      
    
   As of August 31, 2017   779 
   As of August 31, 2016   722 
   Increase/(decrease)   57 
    
   As of July 31, 2017   770 
   Increase/(decrease)    9 
    
Salespeople that made a sale:
    
   Month of August 2017   672 
   Month of August 2016   707 
   Increase/(decrease)    (35)
    
   Month of July 2017   660 
   Increase/(decrease)    12 
    

    

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.

CONTACT:
John McNamara
Director - Investor Relations
StoneMor Partners L.P.
(215) 826-2945