Sonos, Inc. designs, develops, manufactures and sells audio products and services. Co. has developed multi-room, wireless audio products. Its platform has a broad range of more than 130 streaming content providers, such as Apple Music, Spotify and Pandora. Co. outsources the manufacturing of its speakers and components to contract manufacturers, who produce its products based on its design specifications. Its product categories include speakers, portable speakers, home theater, sets, architectural, audio components and accessories. Co.'s products include Arc, Beam (Gen 2), Ray, Era 100, Era 300, Roam, Move 2, Sub (Gen 3), Sub Mini, Five and Amp. The SONO average annual return since 2018 is shown above.
The Average Annual Return on the SONO average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SONO average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SONO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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