Sonos Results Presentation Deck slide image

Sonos Results Presentation Deck

NEW: Quarterly Underlying Demand Trends % y/y Registrations % y/y Registrations 1Q22 (24%) 2Q22 (0%) Jul +LSD 3Q22 (9%) 4Q22 Aug +LSD Note: calculated as change in total registrations per period. LSD = low single digits, LDD = low double digits 4Q22 5% Sep +LDD 1Q22 registration growth down significantly y/y (consistent with expectations), due to product supply constraints and low holiday promotional activity compared to 1Q21, which adversely affected household acquisition and product registration through the balance FY22 Since softer demand trend observed at end of 3Q22, registrations have been stable-to-improving in 4Q22 October 2022 registrations expected to be consistent with 4Q22 trends
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