{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-025310","form_type":"8-K","ticker":"SONO","cik":"0001314727","company_name":"Sonos Inc","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.095331+00:00","generated_at":"2026-06-21T17:20:23.633675+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sonos Q4 revenue down 12% YoY; appoints CFO Lazarus; authorizes $100M buyback","bullets":["FY2022 revenue $1,752.3M (+2.1% YoY); GAAP EPS $0.49 vs $1.13; Non-GAAP EPS $1.20 vs $1.77.","Q4 revenue $316.3M (-12% YoY); GAAP net loss $64.1M ($0.50 loss per share); Non-GAAP net loss $40.4M ($0.32 loss per share).","FY2022 Adjusted EBITDA $226.5M (12.9% margin) vs $278.6M (16.2%); Q4 Adj. EBITDA loss $25.6M.","Appointed Eddie Lazarus as permanent CFO effective immediately; he remains Chief Legal Officer.","Board authorized $100M stock repurchase program; completed prior $150M program repurchasing 6.6M shares at avg $22.80."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-025310","json":"https://secwatch.observer/filing/0000950170-22-025310.json","markdown":"https://secwatch.observer/filing/0000950170-22-025310.md","text":"https://secwatch.observer/filing/0000950170-22-025310.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1314727/000095017022025310/0000950170-22-025310-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1314727/000095017022025310/sono-20221115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:20:23.633675+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a69996a44eb9a35e81b6459380de6a0059fec6d","claim":"Sonos Inc reported the fourth fiscal quarter ended October 1, 2022 results: revenue $316.3 million, net income $(64.1) million, EPS $(0.50).","evidence_excerpt":"● Revenue decreased 12.0% year-over-year to $316.3 million; on a constant-currency basis, revenue decreased approximately 6.6% year-over-year ● Gross margin decreased 720 basis points year-over-year to 39.2% ● GAAP net (loss) of $(64.1) million compared to $(8.7) million last year ○ GAAP diluted (loss) per share of $(0.50) compared to $(0.07) last year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1314727/000095017022025310/0000950170-22-025310-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth fiscal quarter ended October 1, 2022"},{"label":"Revenue","value":"$316.3 million"},{"label":"Net income","value":"$(64.1) million"},{"label":"EPS","value":"$(0.50)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3666761605167ab1af5144910571cec90cbc9c3","claim":"Sonos Inc reported the fiscal year ended October 1, 2022 results: revenue $1,752.3 million, net income $67.4 million, EPS $0.49.","evidence_excerpt":"● Revenue increased 2.1% year-over-year to $1,752.3 million; on a constant-currency basis, revenue increased approximately 4.9% year-over-year ● Gross margin decreased (180) basis points year-over-year to 45.4% ● GAAP net income of $67.4 million compared to $158.6 million last year ○ GAAP diluted earnings per share (EPS) of $0.49 compared to $1.13 last year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1314727/000095017022025310/0000950170-22-025310-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended October 1, 2022"},{"label":"Revenue","value":"$1,752.3 million"},{"label":"Net income","value":"$67.4 million"},{"label":"EPS","value":"$0.49"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d7c8419ad6","claim":"Eddie Lazarus was appointed as Chief Financial Officer at Sonos Inc.","evidence_excerpt":"On November 15, 2022, the Company appointed Eddie Lazarus, Interim Chief Financial Officer and Chief Legal Officer, as Chief Financial Officer of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1314727/000095017022025310/0000950170-22-025310-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}