StoneMor Partners L.P. Issues Update on Sales Team Development
TREVOSE, Pa., March 09, 2017 (GLOBE NEWSWIRE) -- StoneMor Partners L.P. (NYSE:STON) (“StoneMor” or the “Partnership”) today provided additional data on the ongoing restructuring of its salesforce.
Total salespeople within the salesforce at February 28, 2017 numbered 763, which was 53 more than the prior year comparable period, while reflecting a slight decline of 3 from the 766 individuals reported at January 31, 2017.
The number of salespeople who made a sale during the month of February 2017 was 661, an increase of 8 from the 653 reported for February 2016, and an increase of 6 from the 655 who made a sale in January 2017.
| Salespeople within total salesforce: | ||||
| As of February 28, 2017 | 763 | |||
| As of February 29, 2016 | 710 | |||
| Increase/(decrease) | 53 | |||
| As of January 31, 2017 | 766 | |||
| Increase/(decrease) | (3) | |||
| Salespeople who made a sale: | ||||
| Month of February 2017 | 661 | |||
| Month of February 2016 | 653 | |||
| Increase/(decrease) | 8 | |||
| Month of January 2017 | 655 | |||
| Increase/(decrease) | 6 | |||
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 that 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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