Steven Frankel's questions to Sonos Inc (SONO) leadership • Q2 2025
Question
Steven Frankel asked about the channel's willingness to absorb inventory ahead of tariffs, the strategic reasoning behind winding down the IKEA partnership, the progress on repairing relationships with the installer channel, and for an update on IP litigation.
Answer
CFO Saori Casey stated that discussions with channel partners on inventory and pricing strategies to mitigate tariff impacts are a work-in-progress. Interim CEO Tom Conrad positioned the end of the IKEA partnership as part of a sharpened focus on core initiatives. He also detailed significant progress in repairing installer relationships through nine recent software updates that improved reliability and performance. On litigation, Conrad confirmed two cases against Google are proceeding, with no new developments since the last update.