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TREVOSE, Pa., April 10, 2017 -- 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 March 31, 2017 numbered 746, which was 17 more than the prior year comparable period, while reflecting a decline of 17 from the 763 individuals reported at February 28, 2017.
The number of salespeople who made a sale during the month of March 2017 was 671, a decrease of 21 from the 692 reported for March 2016. The decline was primarily due to the seasonal impact of the 2016 Easter holiday, which occurred in March of that year. The number of sales people who made a sale in March 2017 increased by 10 from the 661 who made a sale in February 2017.
| Salespeople within total salesforce: | ||||
| As of March 31, 2017 | 746 | |||
| As of March 31, 2016 | 729 | |||
| Increase/(decrease) | 17 | |||
| As of February 28, 2017 | 763 | |||
| Increase/(decrease) | (17 | ) | ||
| Salespeople that made a sale: | ||||
| Month of March 2017 | 671 | |||
| Month of March 2016 | 692 | |||
| Increase/(decrease) | (21 | ) | ||
| Month of February 2017 | 661 | |||
| Increase/(decrease) | 10 | |||
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 100 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
