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Stock impact report

Leisure Products Stocks Q4 Results: Benchmarking Sonos (NASDAQ:SONO) [Yahoo! Finance]

Snap One Holdings Corp. (SNPO) 
Company Research Source: Yahoo! Finance
Let's take a look at how Sonos (NASDAQ:SONO) and the rest of the leisure products stocks fared in Q4. Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don't may find themselves in precarious positions due to the non-essential nature of their offerings. The 18 leisure products stocks we track reported a weaker Q4; on average, revenues missed analyst consensus estimates by 0.7% while next quarter's revenue guidance was 7.6% below consensus. Stocks have been under pressure as inflation (despite slowing) makes their long-dated profits less valuable, but leisure products stocks held their ground better than others, with the share prices up 4.7% on average since the previous earnings results. Sonos (NASDAQ:SONO) A pioneer in connected home audio systems, Sonos (NASDAQ:SONO) offers a range of premium wirel Show less Read more
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