Sonos has announced that it will be raising prices on select products to help offset increased manufacturing and import costs caused by the Trump tariffs.
Sonos will be increasing the price of some products later this year in response to the tariffs imposed by the Trump administration. The audio giant announced the change at the company’s most recent earnings call, where it reported revenue of nearly $344.8 million for the quarter ending June 28, which beat analyst expectations.
Tom Conrad just resumed office as the new CEO after some time as the interim leader. Right now, the company is in the process of trying to pull its image out of the gutter following the disastrous app update that left many speaker systems unreliable, with core functions like playlist management and alarms stripped out.
