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    SONO   US83570H1086

SONOS, INC.

(SONO)
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Sonos : and The North Face Team Up, Inviting Fans to Sonically Expl…

07/27/2021 | 03:30am EDT

Santa Barbara, Calif. - July 26, 2021 - In celebration of the all-new Sonos RoamTM, an ultra-portable smart speaker built to deliver great sound both at home and for any adventure, Sonos and The North Face are kicking off a multi-faceted partnership that unlocks a whole new way to experience some of the most epic expeditions and natural landscapes. Rooted in the unique history of each brand across audio and outdoor exploration, the partnership will come to life through a variety of different ways this summer.

'With the addition of Roam - our first truly portable speaker - to our family of products, we wanted a partner that could help us tell the story of listening on-the-go in an authentic and accessible way. Looking at brands that inspire us to get outside and explore the world around us, we knew The North Face was the perfect fit as a heritage brand in the outdoor adventure space and its rich history in exploration,' said Pete Pedersen, VP of Marketing, Sonos.

The partnership first comes to life with a station on Sonos Radio: Never Stop Exploring. Featuring nine different soundscapes of composed field recordings made during the filming of some of The North Face's most far-flung adventures, Never Stop Exploring invites fans to bring the sounds of adventure into their homes. Created by composer and multi-instrumentalist Mikael Jorgensen of the Grammy Award-winning band Wilco, the soundscapes feature original audio combined with a brand-new score to take listeners on a journey around the world - from Alaska to Peru, Ethiopia to Japan and everything in between. Including narration from world-class athletes Alex Honnold, Hilaree Nelson, Matty Hong, Emily Harrington and more, the station will offer listeners a unique opportunity to sonically transport themselves into the heart of these incredible expeditions.

'What we've created with the Never Stop Exploring station on Sonos Radio is so much more than the reimagined audio itself. The creativity of Mikael Jorgensen combined with the openness of the athletes reminiscing on their experiences has allowed us to create something sonically adventurous, offering fans and outdoor enthusiasts a truly immersive listening experience,' said Dmitri Siegel, VP of Content, Sonos Radio.

The itinerary for the Never Stop Exploring Sonos Radio station includes:

  • 'Thanks for the Beta' featuring the sounds of The High Sierra, California with Alex Honnold and Emily Harrington
  • 'Skiing Lhotse' featuring the sounds of The Himalayas with Hilaree Nelson
  • 'Sawanobori' featuring the sounds of Shomyo Falls, Japan with Matty Hong and James Pearson
  • 'Dirty Gnar Gnar' featuring the sounds of Mount Poi and Mount Kenya with Alex Honnold and Cedar Wright
  • 'Sending El Cap' featuring the sounds of El Capitan, California with Emily Harrington
  • 'Towers of Tigray' featuring the sounds of Ethiopia with James Pearson
  • 'Life Coach, Alaska' featuring the sounds of Ruth Gorge, Alaska with Alex Honnold and Renan Ozturk
  • 'Pitumarca' featuring the sounds of Peru with Nina Williams
  • 'Expedition Antarctica' featuring the sounds of Queen Maud Land with Alex Honnold, Cedar Wright, and Savannah Cummins

'We've spent over 50 years enabling some of the world's greatest athletes to not only achieve their goals, but to inspire the next generation of explorers,' said Steve Lesnard, Global VP of Marketing and Product, The North Face. 'What our partnership with Sonos unlocks is a completely new avenue for storytelling, with a brand that shares so many of our values.'

Never Stop Exploring premieres today on Sonos Radio, Mixcloud, and YouTube. Sonos Radio is available in 16 countries around the world, including the United States, Canada, United Kingdom, Germany, France, Italy, Sweden, Ireland, Netherlands, Australia, New Zealand, Belgium, Austria, Switzerland, Norway, and Denmark.

About Sonos
Sonos (Nasdaq: SONO) is the world's leading sound experience company. As the inventor of multi-room wireless home audio, Sonos innovation helps the world listen better by giving people access to the content they love and allowing them to control it however and wherever they choose. Known for delivering an unparalleled sound experience, thoughtful design aesthetic, simplicity of use, and an open platform, Sonos makes the breadth of audio content available to anyone. Sonos is headquartered in Santa Barbara, California. Learn more at www.sonos.com.

About Sonos Radio
Sonos Radio is the premiere radio experience, only on Sonos. Built for and inspired by Sonos customers, Sonos Radio represents the broadest selection of radio available around the world, bringing together more than 60,000 broadcast radio stations from long-time partners along with dozens of exclusive original stations from Sonos. Available free to all customers globally, Sonos Radio is an ad-supported streaming radio service that comes pre-loaded in the Sonos App, bringing all streaming radio into one place from the moment customers set-up. Sonos original content is available in the United States, Canada, United Kingdom, Germany, France, Italy, Sweden, Ireland, Netherlands, Australia, New Zealand, Belgium, Austria, Switzerland, Norway, and Denmark.

Available in the United States, United Kingdom, Germany, The Netherlands, Canada, Austria and France, Sonos Radio HD offers an upgraded, ad-free Sonos Radio experience that delivers an expanded catalogue of exclusive original content in high-definition, lossless CD-quality audio (16-bit/44.1 kHz FLAC). Customers who upgrade to Sonos Radio HD will enjoy all original stations across both tiers in high-definition audio with skips, repeats, and with no ads, excluding global broadcast stations.

About The North Face®
The North Face, a division of VF Outdoor, LLC, was founded in 1966 with the goal of preparing outdoor athletes for the rigors of their next adventure. Today we are the world's leading outdoor brand, creating athlete-tested, expedition-proven products that help people explore and test the limits of human potential. We protect our outdoor playgrounds and minimize our impact on the planet through programs that encourage sustainability. The North Face products are available at premium and specialty retail sporting goods stores globally and is headquartered in Denver, Colorado. For more information, please visit www.thenorthface.com.

Disclaimer

Sonos Inc. published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2021 07:29:05 UTC.


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Financials (USD)
Sales 2021 1 715 M - -
Net income 2021 160 M - -
Net cash 2021 702 M - -
P/E ratio 2021 32,0x
Yield 2021 -
Capitalization 4 524 M 4 524 M -
EV / Sales 2021 2,23x
EV / Sales 2022 1,95x
Nbr of Employees 1 427
Free-Float 96,9%
Chart SONOS, INC.
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Sonos, Inc. Technical Analysis Chart | SONO | US83570H1086 | MarketScreener
Technical analysis trends SONOS, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 35,97 $
Average target price 45,83 $
Spread / Average Target 27,4%
EPS Revisions
Managers and Directors
Patrick Spence President, Chief Executive Officer & Director
Brittany Bagley Chief Financial Officer
Michelangelo A. Volpi Chairman
Maxime Bouvat-Merlin Senior VP-Hardware & Operations
Julius Genachowski Independent Director
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