Sonos Results Presentation Deck slide image

Sonos Results Presentation Deck

Inventory Trends Finished goods % y/y % q/q Components % y/y % q/q Inventories % y/y % q/q 3Q22 $ 259.0 95% 24% $76.7 452% 37% $335.7 129% 27% 2Q23 $ 274.5 32% 5% $51.8 (7)% 14% $326.3 23% 7% Note: $ in millions (unless noted), unaudited. Percentages have been calculated using actual, non-rounded figures and, therefore, may not recalculate precisely. 3Q23 $ 240.1 (7)% (13)% $ 58.0 (24)% 12% $ 298.1 (11)% (9)% Total inventories -9% q/q from 2Q23 Finished goods inventory decreased by $34M q/q, -13% Components balance remains elevated relative to historical levels due to lead time between lower run-rate demand and resulting adjustments made to sourcing plan 9
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