StoneMor Partners L.P. Issues Update on Sales Team Development
TREVOSE, Pa., July 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 June 30, 2017 numbered 753, which was 41 more than the prior year comparable period, while reflecting an increase of 15 from the 738 individuals reported at May 31, 2017.
The number of salespeople who made a sale during the month of June 2017 was 636, a decrease of 29 from the 665 reported for June 2016. The number of salespeople who made a sale in June 2017 decreased by 12 from the 648 who made a sale in May 2017.
| Salespeople within total salesforce: | ||||
| As of June 30, 2017 | 753 | |||
| As of June 30, 2016 | 712 | |||
| Increase/(decrease) | 41 | |||
| As of May 31, 2017 | 738 | |||
| Increase/(decrease) | 15 | |||
| Salespeople that made a sale: | ||||
| Month of June 2017 | 636 | |||
| Month of June 2016 | 665 | |||
| Increase/(decrease) | (29 | ) | ||
| Month of May 2017 | 648 | |||
| 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
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