Sonos Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 04, 2020 / 01:10AM GMT
Kathryn Lynn Huberty - Morgan Stanley, Research Division - MD and Research Analyst

Good afternoon. Thank you for joining us for the last session on the second day of the conference. I'm really pleased to welcome Brittany Bagley, CFO of Sonos. Brittany, many of you may know, she was instrumental in driving KKR's investment in the company. Sat in the Board for 2 years before taking over as CFO about a year ago.

So welcome. Really appreciate you spending the time with us. Maybe just because some of the people in the room may be new to the story, just give an overview of what Sonos does and what you see is the investment thesis.

Brittany Bagley - Sonos, Inc. - CFO

Yes. Well, thank you for having me. So Sonos is a premium audio company. For a long time, we really focused on the home, and more recently, we've gone outside of the home with our first product, the Sonos Move, which launched last fall. We really pride ourselves on a couple of things. One, we invented the category in a lot of ways. We were the first company to do multiroom, wireless home audio

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