Will Sonos User Backlash Impact First-Quarter Earnings?
After implementing several smart strategies over the past few months to grow speaker sales, Sonos (NASDAQ: SONO) has seemed to go in the other direction with a couple of several tone-deaf moves that angered some consumers.
While its good actions undoubtedly outweigh whatever bad feelings its most recent policy decisions caused, in the highly competitive smart speaker market, companies don't have much room for missteps. As Sonos prepares to issue its first-quarter earnings report on Wednesday, Feb. 5, let's take a look at what's at stake for the high-end sound specialist.
Image source: IKEA.
Source Fool.com