Sonos Stock Jumps Before Wall Street Test—But Cost Risk Looms
Sonos shares rose 3.6% to $16.07 Tuesday, outperforming Apple and Logitech as U.S. markets reopened after Memorial Day. The company reported Q2 revenue up 8% to $281.5 million and forecast Q3 revenue of $355–$375 million. CFO Saori Casey is set to speak with Jefferies Wednesday. Sonos warned higher memory costs could pressure margins in upcoming quarters.
