Align Technology Inc
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Health Care : Health Care Equipment & Supplies | Large Cap Growth
Company profile

Align Technology, Inc. designs, manufactures and markets a system of clear aligner therapy, intra-oral scanners and computer-aided design/computer-aided manufacturing (CAD/CAM) digital services used in dentistry, orthodontics and dental records storage. The Company operates through two segments: Clear Aligner segment and Scanner and Services (Scanner) segment. The Clear Aligner segment consists of its Invisalign System, which includes Invisalign Full, Teen and Assist (Comprehensive Products), Express/Lite (Non-Comprehensive Products) and Vivera Retainers, along with its training and ancillary products for treating malocclusion (Non-Case). The Scanner segment consists of intra-oral scanning systems and other services available with the intra-oral scanners that provide digital alternatives to the traditional cast models. The Scanner segment includes its iTero scanner and OrthoCAD services.


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Costco's fiscal Q1 sales rise 17%, but miss heightened expectations

4:31 pm ET December 10, 2020 (MarketWatch)

by claudia Assis

Costco Wholesale Corp. shares edged lower in the extended session Thursday after the retail giant reported quarterly sales that missed the mark even as they rose 17% amid pandemic stock buying.

Costco (COST) said it earned $1.17 billion, or $2.62 a share, in the quarter, compared with $844 million, or $1.90 a share, in the year-ago period.

The results included tax benefits of $145 million and also reflected a $212 million pre-tax expense with COVID-19-related premium wages, the company said.

Net sales rose 16.9% to $42.35 billion, compared with $36.24 billion last year, Costco said. Same-store sales rose 15.4%, and online sales rose 86.4%, the retailer said.

Analysts polled by FactSet had expected Costco to report a profit of $2.07 a share on sales of $46.33 billion in the quarter. Same-store sales were seen up 16%.

Related: Kroger edges ahead of Costco to land in the top 10 of U.S. e-commerce companies (

The retailer has benefited from stock-up buying amid the COVID-19 pandemic and fears of supply disruptions and shelter-in-place local orders to curb the spread of the novel coronavirus virus.

-by claudia Assis; 415-439-6400;


(END) Dow Jones Newswires

December 10, 2020 16:31 ET (21:31 GMT)

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