Sonos to Increase Prices This Year Due to Tariffs

1 min read
Source: The Verge
Sonos to Increase Prices This Year Due to Tariffs
Photo: The Verge
TL;DR Summary

Sonos plans to raise prices later this year due to increased tariffs on products made in Vietnam and Malaysia, with the company working with partners to share costs and monitor market responses. CEO Tom Conrad highlighted the impact of tariffs on the company's finances and strategic pricing adjustments to support growth and profitability.

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