Sonos Appoints Bracken Darrell to Board of Directors

Sonos, Inc. (NASDAQ:SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $150 million. The $11 million remaining under the company's existing $200 million repurchase program expired upon approval of the new authorization. Under the repurchase program, Sonos may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques such as accelerated share repurchases. The timing and number of shares repurchased will depend on a variety of factors, including stock pri

SAN FRANCISCO, Feb. 24, 2025 /PRNewswire/ -- Brex, the modern spend platform for growing businesses from startups to enterprises, today announced its enterprise business grew revenue 80%, while net revenue retention was nearly 140% YoY. This past year, Brex's overall revenue growth grew threefold with net revenue retention up 15 points. Brex now serves over 150 public companies and global industry leaders such as Anthropic, Arm (NASDAQ:ARM), Robinhood (NASDAQ:HOOD), ServiceTitan (NASDAQ:TTAN), Sonos (NASDAQ:SONO) and Wiz. In total, Brex's enterprise customers have an estimated

Sonos, Inc. (NASDAQ:SONO) today announced that Tom Conrad, Interim Chief Executive Officer, and Saori Casey, Chief Financial Officer, will participate in a fireside chat with Morgan Stanley analyst Erik Woodring at the Morgan Stanley Technology, Media & Telecom Conference on Monday, Mar. 3. The fireside chat will begin at 4:50 pm Pacific. A live webcast and replay of the fireside chat will be accessible in the News & Events section of the Sonos investor relations website: https://investors.sonos.com/news-and-events/default.aspx#section=events-and-presentations. About Sonos Sonos (NASDAQ:SONO) is one of the world's leading sound experience brands. As the inventor of multi-room wireless h

Morgan Stanley downgraded Sonos from Overweight to Underweight and set a new price target of $11.00 from $25.00 previously

Craig Hallum downgraded Sonos from Buy to Hold and set a new price target of $10.00 from $25.00 previously

Morgan Stanley upgraded Sonos from Equal-Weight to Overweight and set a new price target of $20.00 from $17.00 previously

4 - Sonos Inc (0001314727) (Issuer)

4 - Sonos Inc (0001314727) (Issuer)

4 - Sonos Inc (0001314727) (Issuer)

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8-K - Sonos Inc (0001314727) (Filer)

Patrick Spence to Step Down as CEO and Board Member Tom Conrad Appointed Interim CEO Sonos, Inc. (NASDAQ:SONO) today announced that the Sonos Board of Directors and Patrick Spence have agreed that Mr. Spence will step down as Chief Executive Officer (CEO) and as a member of the Board effective today. The Board has appointed Tom Conrad, an independent member of the Board since 2017, as Interim CEO, also effective as of today. The Board has initiated a search for its next CEO with the assistance of a leading executive search firm, and is committed to identifying a leader who will build on the Sonos legacy of innovation and excellence in serving its customers while also driving profitable

Bracken's appointment bolster Sonos' Board of world-class leaders Sonos, Inc. (NASDAQ:SONO) today announced the appointment of Bracken Darrell, President and CEO of VF Corporation, to its Board, effective Feb. 12, 2024. "With Bracken's excellent track record leading world-class product companies and his deep experience in our space, we are delighted to welcome him to the Board. We're excited about the value he can add as Sonos continues its journey to become the world's leading sound experience company," said Julius Genachowski, Chair of the Sonos Board. Bracken has a long history and proven experience in business leadership, product innovation, and brand management roles. Prior to jo

Jonathan's appointment bolsters Sonos board of world-class leaders Sonos, Inc. (NASDAQ:SONO) today announced the appointment of Jonathan Mildenhall, Chief Marketing Officer of the Rocket Companies, to its board, effective Jan. 25, 2024. "With his outstanding experience building exceptional brands, Jonathan will make great contributions as Sonos continues its journey to become the world's leading sound experience company," said Julius Genachowski, Chair of the Sonos Board. Prior to joining the Rocket Companies as Chief Marketing Officer, Jonathan co-founded TwentyFirstCenturyBrand, one of the most influential brand-building companies, and has a long history in leadership, brand-buildin

Q1 revenue near high-end of guidance range, announced reduction in force Sonos, Inc. (NASDAQ:SONO) today reported First Quarter Fiscal 2025 results. "Yesterday we implemented important organizational changes that mark the start of a new chapter of efficiency and growth for Sonos," said Tom Conrad, Sonos Interim CEO. "I see tremendous opportunity in front of us. The team and I are hard at work improving the core experience for our customers while designing the next set of Sonos products and innovations. It's an honor to show up every day to do this work with the talented Sonos team." "Our Q1 results show our team's commitment to execution as we navigate a difficult environment," commen

Sonos, Inc. (NASDAQ:SONO) today announced that after market close on Thursday, February 6, 2025 the company will report financial results for the first quarter ended December 28, 2024. The company will issue a press release and accompanying slide presentation at that time which will be accessible at https://investors.sonos.com/reports-and-filings/default.aspx#section=earningsreports. The company will host a conference call and Q&A to discuss the results on the same day at 4:15 p.m. Eastern Time. A live webcast of the conference call and Q&A will be accessible at https://investors.sonos.com/news-and-events/default.aspx. A replay of the webcast and transcript will be available through the s

Sonos, Inc. (NASDAQ:SONO) today reported fourth quarter and fiscal 2024 results. "Thanks to our team going all-in on our app recovery efforts, we made significant progress in bringing the quality of our software to a level that we're all proud of, which enabled us to launch our highly anticipated new products, Arc Ultra and Sub 4, in time for the holidays," Sonos CEO Patrick Spence commented. "Initial feedback on our new products has been very positive, which, along with the introduction of Ace earlier this year, makes our product lineup the strongest it's ever been. Sonos is still the best home audio system, and we're focused on using this industry-leading product lineup to acquire more

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SC 13G/A - Sonos Inc (0001314727) (Subject)