Mysterious Sonos S59 Soundbar Points To Long

Sonoco Products Company's unit, Sonoco S.a.r.l., will raise paperboard prices by 60 Euro per ton in the EMEA region starting September 15, 2026, citing inflation and geopolitical pressures. The increase aims to offset rising energy and transportation costs. Sonoco operates 19 plants and 5 paperboard mills in Europe, with $7.5 billion in 2025 net sales.

Sonoco Products Company appointed Francesco Giannolo as vice-president and general manager for its EMEA consumer packaging business. Giannolo, who joined in 2019, will report to Ernest Haynes, head of the company's global consumer packaging segment, which generates $5.2bn in yearly sales. Sonoco reported $7.5bn in net sales in 2025.

Sonos (SONO) reported Q3 revenue of $375M, up 9% YoY, and guided Q4 revenue to $325M-$355M (13-23% YoY growth). Higher memory costs are expected to reduce Q4 gross profit by $35M. GAAP gross margin is guided to 39-41%, with adjusted EBITDA ranging from a $11M loss to $18M profit. Management expects margin pressure to continue into fiscal 2027.

Lowpass reports an FCC filing suggests Sonos is preparing to launch over-ear headphones called the Ace Ultra, potentially tied to a September product event mentioned by Sonos on its Q3 earnings call. The redacted filing points to an Ace-like design, five color options, and support for Sonos Voice Control. Pricing and specs are not confirmed.

Sonos plans to launch the Ace Ultra over-ear headphones in September 2026, according to the company. An FCC filing reviewed by Ecoustics indicates the model will add Sonos Voice Control, with local processing, and offer five colors. The original Ace launched in June 2024 at $449.

Sonos reported Q3 fiscal 2026 revenue of $375 million, up 9% year over year, with non-GAAP gross margin at 45.5% and non-GAAP EPS of $0.27. Adjusted EBITDA was $44 million. Q4 revenue guidance is $325 million to $355 million, and FY 2026 revenue growth is 6% to 8%, with memory costs pressuring margins.