STON), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=STON. The Company announced on September 12, 2017, the latest data on its initiatives to restructure its sales team. In October 2016, the Company had put in place a plan to upgrade the quality of its sales force, given less than stellar sales number for Q3 2016 ending on September 30, 2016. Since then the Company has been presenting a monthly update on the changes in the sales team and their performance. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

Discover more of our free reports coverage from other companies within the Personal Services industry. Pro-TD has currently selected H&R Block, Inc. (NYSE: HRB) for due-diligence and potential coverage as the Company released on August 29, 2017, its financial results for Q1 FY18 which ended on July 31, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on H&R Block when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on STON; also brushing on HRB. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=STON

http://protraderdaily.com/optin/?symbol=HRB

Sales Team Performance for August 2017

The data shared by the Company pertains to the information on the performance of the sales team for the month of August 2017 ending on August 31, 2017. The total number of sales personnel in the team for the month was 779 people. The figure represents an addition of 9 more people compared to the total sales personnel of 770 people as on July 31, 2017. The total team strength is 57 people more than the team strength recorded for the same month in FY16.

The data shared by the Company also reveals that the number of sales persons making a sale in the month of August 2017 was 672 people. This was marginally lower compared to the number of people making a sale in the same month in FY16 which was 707 people. However, on the bright side, the number of salespeople who made a sale in August 2017 increased by 12 people from the 660 people who made a sale in July 2017.

Backdrop

At the end of the nine-month period for Q3 2016 ending on September 30, 2016, the Company had a sales team of approximately 700 people which included support staff as well as sales managers who could close a sale. Out of these 100 people were the star performers and recorded average monthly sales of approximately $87,300. The average monthly sales of the Company for the first nine months of FY16 ending on September 30, 2016, were $81,300. However, the Company noticed that the number of people from the sales team who actually made a sale in the Q3 2016 was down by 10%.

The Company embarked on a mission to improve its sales performance and took some measures by realigning the entire sales team. The company decided to hire new sales persons, where required, to boost the core sales function and eliminated non-sales generating positions that had duplicative roles. In parallel, the Company also launched a series of initiatives which included the expansion of training classes, engaging a national recruiting firm for best hires, increase the in-house recruiting efforts, and hiring of a national Vice President of sales.

In October 2016, the Company created a new position of National Vice-President of sales and appointed Dina S. Kelly to this position. She was given the responsibility of setting strategic priorities for the sales team and supporting localized hiring and training. She would supervise the expansion of the sales team as envisioned by the Company and ensure suitable hires. The new hires are expected to be productive salespeople who would bring in minimum average monthly revenue of $20,000 to $25,000 per person.

About StoneMor Partners L.P.

Trevose, Pennsylvania based StoneMor Partners is one of the largest Companies in the death care industry and provides a broad range of products and services through the ownership, development, and operation of cemeteries and funeral homes in multiple states. The products and services cover both the before death and at death requirements and include burial lots, lawn, and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. The Company has a total of 316 cemeteries and 98 funeral homes in 27 states in the US and Puerto Rico.

Last Close Stock Review

At the close of trading session on Wednesday, September 13, 2017, StoneMor Partners' stock price marginally declined 0.32% to end the day at $6.24. A total volume of 345.40 thousand shares were exchanged during the session, which was above the 3-month average volume of 310.28 thousand shares. The Company's shares have a dividend yield of 21.15%. At Wednesday's closing price, the stock's net capitalization stands at $223.95 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475388

"/> Featured Company News – StoneMor Partners provides information on Sales Team Performance for August 2017 « MarketersMedia – Press Release Distribution Services – News Release Distribution Services

Featured Company News – StoneMor Partners provides information on Sales Team Performance for August 2017

Research Desk Line-up: H&R Block Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for StoneMor Partners L.P. (NYSE: STON), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=STON. The Company announced on September 12, 2017, the latest data on its initiatives to restructure its sales team. In October 2016, the Company had put in place a plan to upgrade the quality of its sales force, given less than stellar sales number for Q3 2016 ending on September 30, 2016. Since then the Company has been presenting a monthly update on the changes in the sales team and their performance. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

Discover more of our free reports coverage from other companies within the Personal Services industry. Pro-TD has currently selected H&R Block, Inc. (NYSE: HRB) for due-diligence and potential coverage as the Company released on August 29, 2017, its financial results for Q1 FY18 which ended on July 31, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on H&R Block when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on STON; also brushing on HRB. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=STON

http://protraderdaily.com/optin/?symbol=HRB

Sales Team Performance for August 2017

The data shared by the Company pertains to the information on the performance of the sales team for the month of August 2017 ending on August 31, 2017. The total number of sales personnel in the team for the month was 779 people. The figure represents an addition of 9 more people compared to the total sales personnel of 770 people as on July 31, 2017. The total team strength is 57 people more than the team strength recorded for the same month in FY16.

The data shared by the Company also reveals that the number of sales persons making a sale in the month of August 2017 was 672 people. This was marginally lower compared to the number of people making a sale in the same month in FY16 which was 707 people. However, on the bright side, the number of salespeople who made a sale in August 2017 increased by 12 people from the 660 people who made a sale in July 2017.

Backdrop

At the end of the nine-month period for Q3 2016 ending on September 30, 2016, the Company had a sales team of approximately 700 people which included support staff as well as sales managers who could close a sale. Out of these 100 people were the star performers and recorded average monthly sales of approximately $87,300. The average monthly sales of the Company for the first nine months of FY16 ending on September 30, 2016, were $81,300. However, the Company noticed that the number of people from the sales team who actually made a sale in the Q3 2016 was down by 10%.

The Company embarked on a mission to improve its sales performance and took some measures by realigning the entire sales team. The company decided to hire new sales persons, where required, to boost the core sales function and eliminated non-sales generating positions that had duplicative roles. In parallel, the Company also launched a series of initiatives which included the expansion of training classes, engaging a national recruiting firm for best hires, increase the in-house recruiting efforts, and hiring of a national Vice President of sales.

In October 2016, the Company created a new position of National Vice-President of sales and appointed Dina S. Kelly to this position. She was given the responsibility of setting strategic priorities for the sales team and supporting localized hiring and training. She would supervise the expansion of the sales team as envisioned by the Company and ensure suitable hires. The new hires are expected to be productive salespeople who would bring in minimum average monthly revenue of $20,000 to $25,000 per person.

About StoneMor Partners L.P.

Trevose, Pennsylvania based StoneMor Partners is one of the largest Companies in the death care industry and provides a broad range of products and services through the ownership, development, and operation of cemeteries and funeral homes in multiple states. The products and services cover both the before death and at death requirements and include burial lots, lawn, and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. The Company has a total of 316 cemeteries and 98 funeral homes in 27 states in the US and Puerto Rico.

Last Close Stock Review

At the close of trading session on Wednesday, September 13, 2017, StoneMor Partners' stock price marginally declined 0.32% to end the day at $6.24. A total volume of 345.40 thousand shares were exchanged during the session, which was above the 3-month average volume of 310.28 thousand shares. The Company's shares have a dividend yield of 21.15%. At Wednesday's closing price, the stock's net capitalization stands at $223.95 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475388

Research Desk Line-up: H&R Block Post Earnings Coverage

LONDON, UK / ACCESSWIRE / September 14, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for StoneMor Partners L.P. (NYSE: STON), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=STON. The Company announced on September 12, 2017, the latest data on its initiatives to restructure its sales team. In October 2016, the Company had put in place a plan to upgrade the quality of its sales force, given less than stellar sales number for Q3 2016 ending on September 30, 2016. Since then the Company has been presenting a monthly update on the changes in the sales team and their performance. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

Discover more of our free reports coverage from other companies within the Personal Services industry. Pro-TD has currently selected H&R Block, Inc. (NYSE: HRB) for due-diligence and potential coverage as the Company released on August 29, 2017, its financial results for Q1 FY18 which ended on July 31, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on H&R Block when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on STON; also brushing on HRB. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=STON

http://protraderdaily.com/optin/?symbol=HRB

Sales Team Performance for August 2017

The data shared by the Company pertains to the information on the performance of the sales team for the month of August 2017 ending on August 31, 2017. The total number of sales personnel in the team for the month was 779 people. The figure represents an addition of 9 more people compared to the total sales personnel of 770 people as on July 31, 2017. The total team strength is 57 people more than the team strength recorded for the same month in FY16.

The data shared by the Company also reveals that the number of sales persons making a sale in the month of August 2017 was 672 people. This was marginally lower compared to the number of people making a sale in the same month in FY16 which was 707 people. However, on the bright side, the number of salespeople who made a sale in August 2017 increased by 12 people from the 660 people who made a sale in July 2017.

Backdrop

At the end of the nine-month period for Q3 2016 ending on September 30, 2016, the Company had a sales team of approximately 700 people which included support staff as well as sales managers who could close a sale. Out of these 100 people were the star performers and recorded average monthly sales of approximately $87,300. The average monthly sales of the Company for the first nine months of FY16 ending on September 30, 2016, were $81,300. However, the Company noticed that the number of people from the sales team who actually made a sale in the Q3 2016 was down by 10%.

The Company embarked on a mission to improve its sales performance and took some measures by realigning the entire sales team. The company decided to hire new sales persons, where required, to boost the core sales function and eliminated non-sales generating positions that had duplicative roles. In parallel, the Company also launched a series of initiatives which included the expansion of training classes, engaging a national recruiting firm for best hires, increase the in-house recruiting efforts, and hiring of a national Vice President of sales.

In October 2016, the Company created a new position of National Vice-President of sales and appointed Dina S. Kelly to this position. She was given the responsibility of setting strategic priorities for the sales team and supporting localized hiring and training. She would supervise the expansion of the sales team as envisioned by the Company and ensure suitable hires. The new hires are expected to be productive salespeople who would bring in minimum average monthly revenue of $20,000 to $25,000 per person.

About StoneMor Partners L.P.

Trevose, Pennsylvania based StoneMor Partners is one of the largest Companies in the death care industry and provides a broad range of products and services through the ownership, development, and operation of cemeteries and funeral homes in multiple states. The products and services cover both the before death and at death requirements and include burial lots, lawn, and mausoleum crypts, burial vaults, caskets, memorials, and all services which provide for the installation of this merchandise. The Company has a total of 316 cemeteries and 98 funeral homes in 27 states in the US and Puerto Rico.

Last Close Stock Review

At the close of trading session on Wednesday, September 13, 2017, StoneMor Partners' stock price marginally declined 0.32% to end the day at $6.24. A total volume of 345.40 thousand shares were exchanged during the session, which was above the 3-month average volume of 310.28 thousand shares. The Company's shares have a dividend yield of 21.15%. At Wednesday's closing price, the stock's net capitalization stands at $223.95 million.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily

ReleaseID: 475388

Source URL: https://marketersmedia.com/featured-company-news-stonemor-partners-provides-information-on-sales-team-performance-for-august-2017/239277

Source: AccessWire

Release ID: 239277


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