Sonos revenues take hit as COVID-19 guts sales

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By Marissa Nall / Wednesday, May 6th, 2020 / Comments Off on Sonos revenues take hit as COVID-19 guts sales

Sonos revenues took a 17 percent hit in its fiscal second quarter, with retail sales gutted by the global coronavirus pandemic. The Santa Barbara speaker maker redoubled its efforts within its direct to consumer channel, which saw a 32 percent gain in revenue during the quarter. The company also highlighted the increased engagement on its…

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