Sonos, Inc. (SONO) Q1 2026 Earnings Call

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WEBVTT 00:00:01.651 -- 00:00:03.553 Ladies and gentlemen, thank you for standing by. 00:00:03.553 -- 00:00:06.816 My name is Abby and I will be your conference operator today. 00:00:06.816 -- 00:00:12.261 At this time, I would like to welcome everyone to the Sonos first quarter fiscal 00:00:12.261 -- 00:00:17.507 2026 conference call. All lines have been placed on mute to prevent 00:00:17.507 -- 00:00:19.729 any background noise. 00:00:19.729 -- 00:00:22.432 After the speaker's remarks, there will be a question and answer session. 00:00:22.432 -- 00:00:27.076 If you would like to ask a question during that time, simply press star followed by the 00:00:27.076 -- 00:00:31.615 number one on your telephone keypad. If you would like to withdraw your question, press 00:00:31.615 -- 00:00:34.499 star 1 a second time. 00:00:34.499 -- 00:00:39.787 Thank you. And I would now like to turn the conference over to James Baglanis, head 00:00:39.787 -- 00:00:43.429 of corporate finance. You may begin. 00:00:43.593 -- 00:00:48.460 Good afternoon, and welcome to Sonos' first quarter fiscal 2026 earnings conference call. 00:00:48.460 -- 00:00:53.968 I am James Baglanis, and with me today are Sonos CEO Tom Conrad, CFO Sayori Casey, 00:00:53.968 -- 00:00:57.322 and Chief Legal and Business Development Officer Eddie Lazarus. 00:00:57.322 -- 00:01:00.605 Before I hand it over to Tom, I would like to remind everyone that today's discussion 00:01:00.605 -- 00:01:04.169 will include forward-looking statements regarding future events and our future financial 00:01:04.169 -- 00:01:08.753 performance. These statements reflect our views as of today only and should not be considered 00:01:08.753 -- 00:01:11.536 as representing our views of any subsequent date. 00:01:11.536 -- 00:01:15.179 These st...