Sonos to Increase Prices This Year Due to Tariffs
TL;DR Summary
Sonos plans to raise prices later this year to offset tariffs from the US government, which have impacted its margins and cash flow. The company is also diversifying its manufacturing footprint and exploring new markets to sustain growth, amid a challenging 2024 that included product issues and leadership changes.
- Sonos is raising prices this year to make up for tariff expenses Engadget
- Sonos to Raise Its Hardware Prices This Year Due to Tariffs Bloomberg.com
- A Sonos Price Hike Is About to Make a Bad Situation Even Worse Gizmodo
- Sonos products are about to get more expensive 9to5Mac
- Sonos confirms tariffs will increase its prices this year The Verge
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