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StoneMor Partners L.P. Issues Update on Sales Team Development

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TREVOSE, Pa., Sept. 12, 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 August 31, 2017 numbered 779, which was 57 more than the prior year comparable period, while reflecting an increase of 9 from the 770 individuals reported at July 31, 2017.

The number of salespeople who made a sale during the month of August 2017 was 672, a decrease of 35 from the 707 reported for August 2016.   The number of salespeople who made a sale in August 2017 increased by 12 from the 660 who made a sale in July 2017.

Salespeople within total salesforce:                      
       
    As of August 31, 2017     779  
    As of August 31, 2016     722  
    Increase/(decrease)     57  
       
    As of July 31, 2017     770  
    Increase/(decrease)      9  
       
Salespeople that made a sale:
       
    Month of August 2017     672  
    Month of August 2016     707  
    Increase/(decrease)      (35 )
       
    Month of July 2017     660  
    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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