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Brittany Bagley

Sonos Car Audio and Other Surprises at Investor Event

March 11, 2021 by Ted 2 Comments

Audi Q4 E-Tron interior with Sonos car audio
Audi Q4 E-Tron interior [Click to enlarge]

On Tuesday, Sonos held a major investors event that started off with the introduction of their new Roam portable speaker. But the real purpose of this event was to provide investors information on their financial performance. And stock analysts and the media got quite a show – and a few surprises – as the company revealed their formula for success.

Learn what Sonos says is their success formula…

[Read more…] about Sonos Car Audio and Other Surprises at Investor Event

Filed Under: Brands, Financial, Management, Manufacturers, Strategy Tagged With: Audi, Brittany Bagley, Patrick Spence, Pete Pedersen, Roam, Sonos, Ted Dworkin

Sonos Fiscal Q3 Result Shocks Wall Street; Stock Value Skids 18%

August 6, 2020 by Ted 2 Comments

Sonos Move by the pool

Many Thought the Pandemic was Sonos’ Moment to Shine…Apparently Not to Be

Although Sonos CEO Patrick Spence and CFO Brittany Bagley both proclaimed that the Sonos fiscal Q3 results were “better than expected,” the fact that they reported that revenues had declined and the company booked a much larger net loss seems to be rubbing investors the wrong way. As of this writing on August 6th, the value of Sonos shares have declined more than 18% in afternoon trading.

See more on the Sonos fiscal Q3 results…

[Read more…] about Sonos Fiscal Q3 Result Shocks Wall Street; Stock Value Skids 18%

Filed Under: Financial, Strategy Tagged With: Brittany Bagley, Patrick Spence

Sonos Intros New CFO and Stock Drops Again

April 8, 2019 by Ted Leave a Comment

Sonos logo

Last week Sonos (Nasdaq: SONO) announced a new CFO to replace current CFO Mike Giannetto, whose retirement was unexpectedly announced almost as an afterthought in a February report of Q1 fiscal results. Late in the text associated with those results, CEO Patrick Spence, in an almost casual fashion, thanked Ginnetto for his service and told investors the CFO was retiring…a total surprise to the market. Sonos stock dropped double digits…and dropped even though the company had reported a record first quarter. (Read my report to see troubling signs within the ‘record’ Sonos quarterly report…)

New CFO intro & Sonos stock drops again…

[Read more…] about Sonos Intros New CFO and Stock Drops Again

Filed Under: Brands, Financial, Manufacturers, News, People Tagged With: Brittany Bagley, CFO, KKR, Sonos

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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