JUMP REPORT

NASHVILLE, Tenn., Oct. 23, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the oral care company with the first medtech platform for teeth straightening, announced today it will report results for the third quarter 2020 on Monday, November 16 after close of market. Alison Sternberg, SmileDirectClub’s Vice President of Investor Relations, will host a conference call with David Katzman, Chief Executive Officer and Chairman, and Kyle Wailes, Chief Financial Officer, to discuss these results at 4:30 p.m. Eastern Time. SmileDirectClub Third Quarter 2020 Conference Call Details  Date: Monday, November 16, 2020  Time: 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)  Dial-In: 1-877-407-9208 (domestic) or 1-201-493-6784 (international) Webcast: Visit “Events and Presentations” section of the company’s IR page at http://investors.smiledirectclub.com.A replay of the call may be accessed the same day from 7:30 p.m. Eastern Time on Monday, November 16, 2020 until 11:59 p.m. Eastern Time on Monday, November 30, 2020 by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and entering the replay PIN: 13711961.An archived version of the call will also be available upon completion on the Investor Relations section of SmileDirectClub’s website at  http://investors.smiledirectclub.com.About SmileDirectClub SmileDirectClub, Inc. (Nasdaq: SDC) (“SmileDirectClub”) is an oral care company and creator of the first medtech platform for teeth straightening, now also offered directly via dentist and orthodontists’ offices. Through our cutting-edge teledentistry technology and vertically integrated model, we are revolutionizing the oral care industry, from clear aligner therapy to our affordable, premium oral care product line. SmileDirectClub’s mission is to democratize access to a smile each and every person loves by making it affordable and convenient for everyone. SmileDirectClub is headquartered in Nashville, Tennessee and operates in the U.S., Canada, Australia, New Zealand, United Kingdom, Ireland, Germany, Austria, Hong Kong and Singapore. For more information, please visit SmileDirectClub.com.Contact: Investor Relations: investorrelations@smiledirectclub.com  Media Relations: press@smiledirectclub.com

The 'Zoom Effect' powers a big quarter from Invisalign maker Align Technology.

SmileDirectClub (NASDAQ: SDC) reported Q2 sales of $107.07 million. Earnings fell to a loss of $74.02 million, resulting in a 23.28% decrease from last quarter. In Q1, SmileDirectClub brought in $183.93 million in sales but lost $96.48 million in earnings.What Is Return On Capital Employed? Changes in earnings and sales indicate shifts in SmileDirectClub's Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q2, SmileDirectClub posted an ROCE of -0.25%.It is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company's recent performance, but several factors could affect earnings and sales in the near future.View more earnings on SDCROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows SmileDirectClub is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.For SmileDirectClub, the return on capital employed ratio shows the current amount of assets may not actually be helping the company achieve higher returns, a note many investors will take into account when making long-term financial decisions.Q2 Earnings Insight SmileDirectClub reported Q2 earnings per share at $-0.13/share, which beat analyst predictions of $-0.14/share.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * 12 Healthcare Stocks Moving In Thursday's Pre-Market Session * Benzinga's Top Upgrades, Downgrades For September 9, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Partnership Increases Consumer Choice With Option to Begin SmileDirectClub Aligner Treatment at Dentists’ Offices Texas DSO’s 100+ Affiliated Dental Practices Expands SmileDirectClub Partner NetworkNASHVILLE, Tenn., Oct. 22, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (Nasdaq: SDC), the oral care company with the first medtech platform for teeth straightening, has partnered with Texas-based dental service organization DECA Dental and its more than 100 affiliated dental practices to give more consumers the option to begin a SmileDirectClub treatment journey in the dentist chair. The partnership with DECA Dental advances the SmileDirectClub Partner Network, the Company’s direct-to-office model that allows consumers a third option, in addition to the company’s SmileShops and doctor-prescribed impression kits, to begin clear aligner treatment using SmileDirectClub’s innovative and easy to use telehealth platform.“Our partnership with DECA Dental is a win for consumers in Texas as it will offer them many new locations throughout the State to access SmileDirectClub clear aligner treatment,” said David Katzman, Chief Executive Officer and Chairman at SmileDirectClub. “SmileDirectClub continues to focus on partnering with the dental community to increase access to innovative oral care, and we’re pleased to join with DECA Dental in this effort. Our growing Partner Network, now extended to more than 600 dental practices across the U.S., gives consumers yet another choice on how they can get started on their teledentistry journey, and access a more cost effective, efficacious and safe premium teeth straightening solution.””DECA Dental and our world-class team of dentists and orthodontists are proud to partner with SmileDirectClub to increase access to affordable teeth-straightening options across the state of Texas,” said Dr. Sulman Ahmed, Founder & CEO of DECA Dental. “As a clinician-founded and led organization, it is fundamental to DECA Dental's core belief that all clinical decisions should be made by a dentist and that dentists should have full autonomy in deciding the best treatment options for their patients. Our partnership with SmileDirectClub is directly related to our goal as a company: to embrace innovative clinical systems that empower our dental practices to operate efficiently while providing the highest quality oral care to our patients.”Since launching in the U.S. in 2014, SmileDirectClub has become one of the fastest-growing health technology companies and the fastest-growing teledentistry provider, serving over one million customers around the world.About SmileDirectClub SmileDirectClub, Inc. (Nasdaq: SDC) (“SmileDirectClub”) is an oral care company and creator of the first medtech platform for teeth straightening, now also offered directly via dentist and orthodontists’ offices. Through our cutting-edge teledentistry technology and vertically integrated model, we are revolutionizing the oral care industry, from clear aligner therapy to our affordable, premium oral care product line. SmileDirectClub’s mission is to democratize access to a smile each and every person loves by making it affordable and convenient for everyone. SmileDirectClub is headquartered in Nashville, Tennessee and operates in the U.S., Canada, Australia, New Zealand, United Kingdom, Ireland, Germany, Austria, Hong Kong and Singapore. For more information, please visit SmileDirectClub.com.About DECA Dental Group Founded in Dallas, DECA Dental Group has been delivering high quality, affordable dental care to patients since 2008. DECA has over 100 locations affiliated dental practices with a network of offices in Texas and Florida. DECA’s culture is founded on a patient-centric model. The company is guided by its vision to be the premier provider of dental services under one roof while being the first choice for dentists and staff seeking a partner for growth, innovation and learning. To learn more, please visit DECAdental.com.Contacts:SmileDirectClub Media Relations: Press@SmileDirectClub.comDECA Dental Media Relations: Marketing@DECAdental.com