CARRIAGE SERVICES INC

Carriage Services, Inc. announced that its Board of Directors declared a quarterly dividend of $0.1125 per share. The dividend is payable on September 1, 2026, to common share record holders as of August 3, 2026. Carriage Services is a leading provider of funeral and cemetery services, operating 155 funeral homes and 28 cemeteries across the United States.

Carriage Services, Inc. announced the acquisition of substantially all assets of McCammon Ammons Click Funeral Home in Maryville, Tennessee. This strategic move allows Carriage Services to enter the growing Greater Knoxville market with a business that has served the community for over 100 years. The acquisition aligns with Carriage's focus on purposeful growth and expands its operational footprint.

Carriage Services reported a significant decline in net income and diluted earnings per share for the first quarter of 2026. Net income fell to $13.49 million from $20.93 million year-over-year, with diluted EPS decreasing to $0.84 from $1.34. Total revenue saw a slight dip to $106.12 million. The company also implemented an executive leadership restructuring and changed its segment profit measure to adjusted operating profit.

Carriage Services announced its first quarter 2026 financial results, reporting a modest decline in total revenue to $106.1 million but an increase in Adjusted Consolidated EBITDA to $33.8 million. GAAP diluted EPS decreased significantly due to a prior year gain, while adjusted diluted EPS saw a smaller decline. Concurrently, the company launched a $100 million "at the market" equity offering program to provide flexible capital for strategic acquisitions and balance sheet optimization.

Carriage Services, Inc. announced its plan to release first quarter 2026 financial results on Wednesday, May 6, 2026, after the market closes. Following the release, the company will host a conference call and live webcast on Thursday, May 7, 2026, at 8:00 a.m. Central Time, to discuss the results. Investors can access the call via phone or a webcast link, with an audio archive available on the company's website.