SmileDirectClub
gross margin for the quarter was a increase sequentially and a basis point improvement versus gross profit was up sequentially this was supported by the increase in produced using our second generation manufacturing we expect gross margin to continue to strengthen as volumes grow on cogs we are making good progress on manufacturing with our gen machines now producing approximately of our we plan to increase that percentage significantly over the course of the year and we expect approximately by the end of as we have often stated we believe streamlining our cost profile through operational efficiencies will not only improve our margin profile but more importantly will provide a consistently superior customer experience that meets our expectations and upholds our brand promise our long term gross margin target of of revenue remains intact | SmileDirectClub
Company
Deck Type
Sector
Industry
Deck date
May 2021
Slide
10 of 26
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