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

STONEMOR PARTNERS (STON)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: stonemor.com/investors/default.aspx
PDF TREVOSE, Pa., Oct. 17, 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 September 30, 2017, excluding terminations, numbered 739, which was 42 more than the prior year comparable period, while reflecting an increase of 19 from the 720 individuals reported at August 31, 2017. The Partnership’s ongoing restructuring of its sales force includes migrating sales managers to salary only.  Data reflecting salespeople who made a sale during the month are cemetery sales only, but excludes selling managers and trainees. The number of salespeople who made a sale during the month of September 2017 was 566, an increase of 58 from the 508 reported for September 2016.   The number of salespeople who made a sale in September 2017 decreased by 20 from the 586 who made a sale in August 2017. Salespeople within total salesforce:     [Read more]

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