Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling even higher [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Sonos (SONO) currently holding a Momentum Style Score of A [2][3] Group 2: Sonos Performance Metrics - Sonos shares have increased by 14.39% over the past week, outperforming the Zacks Audio Video Production industry, which rose by 4.58% [5] - Over the last month, Sonos shares have risen by 28.58%, compared to the industry's 11.63% [5] - In the last quarter, Sonos shares increased by 40.66%, while the S&P 500 only moved up by 8.58% [6] - Sonos shares gained 19.67% over the past year, compared to the S&P 500's 17.39% [6] Group 3: Trading Volume and Earnings Outlook - Sonos has an average 20-day trading volume of 2,664,673 shares, indicating bullish potential with rising stock prices [7] - In the past two months, one earnings estimate for Sonos has increased, raising the consensus estimate from $0.30 to $0.59 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions [9] Group 4: Conclusion - Sonos is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising pick for near-term investment [11]

GoPro (GPRO) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.29%. A quarter ago, it was expected that this action video camera maker would post a loss of $0.13 per share when it actually produced a loss of $0.12, delivering a surprise of +7.69%.Over the last four quarters, the company h ...

Core Insights - Sonos, Inc. reported third-quarter fiscal 2025 non-GAAP earnings per share (EPS) of 19 cents, meeting the Zacks Consensus Estimate, but down from 23 cents in the prior-year quarter. On a GAAP basis, the company reported a loss of 3 cents compared to an EPS of 3 cents in the year-ago quarter [1][2] Revenue Performance - Quarterly revenues declined 13.2% year over year to $344.8 million, exceeding the company's guidance of $310 million to $340 million, driven by stronger-than-expected sales of portables and components [2][10] - Revenues from Sonos speakers were $253.7 million, down 15.8% year over year, while system products generated $73.2 million, a decrease of 2.7% year over year. Partner products and other revenues totaled $17.9 million, down 14.1% year over year [5] - Region-wise, revenues from the Americas decreased 13.2% to $229.7 million, Europe, the Middle East, and Africa generated $97.2 million, down 12.3%, and revenues from the Asia Pacific fell 17.4% to $17.9 million [6] Margin and Expense Analysis - Non-GAAP gross profit was $154.1 million, down 20.3% year over year, with non-GAAP gross margin contracting 400 basis points to 44.7% [7] - Adjusted operating expenses were $131.1 million, down 15.4% year over year, reflecting a 23% decline in non-GAAP operating expenses due to workforce reductions and cost optimization initiatives [8][10] - Research and development (R&D) expenses decreased 17%, general and administrative (G&A) expenses fell 16%, and sales and marketing expenses were down 13% [9] Cash Flow and Liquidity - In the fiscal third quarter, Sonos generated $37.4 million in cash from operations, with free cash flow at $32.7 million, down from $40.3 million in the same period last year. Cash and cash equivalents stood at $201.3 million as of June 28, compared to $173.2 million as of March 29, 2025 [12] Future Guidance - For the fourth quarter, Sonos expects revenues to range between $260 million and $290 million, indicating a year-over-year increase of 2% to 14%. Projected GAAP gross margin is between 42% and 44%, and non-GAAP gross margin is expected to be between 43.7% and 45.5% [14] - GAAP operating expenses are projected to be between $150 million and $155 million, a decline of 10% to 13% from $172 million in the same period last year [15] - Adjusted EBITDA is anticipated to range from a loss of $10 million to a gain of $14 million, marking an improvement compared to a negative EBITDA of $22.6 million in the fourth quarter of the prior year [16]

Core Insights - Sony Group Corporation reported a first-quarter fiscal 2025 net income per share of ¥42.84, an increase from ¥34.37 in the previous year, with adjusted net income at ¥259 billion compared to ¥210.2 billion last year [1][10] Financial Performance - Total revenues for the quarter grew 2% year over year to ¥2,621.6 billion, driven by increases in the Game & Network Services (G&NS) and Imaging & Sensing Solutions (I&SS) segments, while the Entertainment, Technology & Services (ET&S) segment saw a decline [2] - Operating income rose significantly by 36.5% to ¥340 billion, with gaming income more than doubling year over year [10][13] Segment Analysis - G&NS sales increased by 8% year over year to ¥936.5 billion, with operating income rising to ¥148 billion from ¥65.2 billion in the prior-year quarter [5] - Music sales grew by 5% year over year to ¥465.3 billion, with operating income increasing to ¥92.8 billion from ¥85.9 billion [6] - The Pictures segment experienced a 3% decline year over year to ¥327.1 billion, although operating income improved to ¥18.7 billion from ¥11.3 billion [7] - ET&S sales fell by 11% year over year to ¥534.3 billion, with operating income decreasing to ¥43.1 billion from ¥64.1 billion [8] - I&SS sales rose by 15% year over year to ¥408.2 billion, with operating income increasing to ¥54.3 billion from ¥36.6 billion [11] - All Other sales decreased by 8.5% to ¥19.3 billion, resulting in an operating loss of ¥5 billion [12] Strategic Developments - Sony plans to partially spin off its Financial Services business in October 2025, classifying it as a discontinued operation starting this quarter [3] - Following the announcement of the spin-off, Sony's shares gained 4.6% in pre-market trading on August 7, 2025, with a 47.5% increase in stock value over the past year [4] Cash Flow and Liquidity - For the fiscal first quarter, Sony generated ¥77.3 billion in cash from operating activities, compared to a usage of ¥126.3 billion in the prior-year quarter [14] - As of June 30, 2025, the company had ¥1,600 billion in cash and cash equivalents against ¥1,350 billion of long-term debt [14] Fiscal Outlook - Sony has revised its fiscal year 2025 operating income forecast downward to approximately ¥1,330 billion, reflecting the impact of additional U.S. tariffs [15][16] - The company now estimates net income at ¥970 billion, down 9% year over year, with total sales projected at ¥11,700 billion, a decrease of 3% year over year [16]

Group 1: Earnings Performance - Sonos reported quarterly earnings of $0.19 per share, matching the Zacks Consensus Estimate, but down from $0.23 per share a year ago [1] - The company posted revenues of $344.76 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 4.73%, but down from $397.15 million year-over-year [2] - Over the last four quarters, Sonos has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2][3] Group 2: Stock Performance and Outlook - Sonos shares have declined approximately 27.8% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.48 on revenues of $257.78 million, and -$0.80 on revenues of $1.38 billion for the current fiscal year [7] Group 3: Industry Context - The Audio Video Production industry, to which Sonos belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Sonos's stock performance [5][6]

Core Insights - Sony Group Corporation is set to report its first-quarter fiscal 2025 earnings on August 7, with the Zacks Consensus Estimate for earnings at 24 cents per share, unchanged year over year [1][9] - The company has consistently surpassed earnings estimates in the last four quarters, with an average surprise of 40.8%, and its stock has increased by 49.1% over the past year, outperforming the Zacks Audio Video Production industry [2] Business Performance - Sony's strong performance in the fiscal first quarter is attributed to its ability to adapt to the evolving entertainment landscape, leveraging its diverse business portfolio, including gaming, image sensors, music, movies, and financial services [3] - The entertainment division generated nearly 60% of total revenue in fiscal 2024, showcasing its resilience during economic challenges [4] Growth Strategies - The G&NS segment is experiencing growth driven by the increasing user engagement and spending on PlayStation 5, with plans to enhance revenues from PlayStation Plus and the PlayStation Store through personalized strategies [5] - The Music business is focusing on expansion in emerging markets such as Latin America and India, aiming for growth through both organic means and acquisitions, while also investing in music catalogs and talent discovery [6] Segment Highlights - The Pictures segment is benefiting from strong box office performance and increased revenue from Crunchyroll, supported by paid subscriptions and synergies from the acquisition of Alamo Drafthouse Cinema [7] - The I&SS business is likely supported by robust sales of image sensors for mobile devices, with the anime market expected to grow steadily at a high single-digit annual growth rate from 2023 to 2030 [10] Recent Developments - In July 2025, Sony announced a strategic alliance with Bandai Namco, acquiring a 2.5% stake in the company to collaborate on growing global fan communities around anime and manga [13]

Core Viewpoint - Sonos, Inc. is expected to report a decline in year-over-year revenues for Q3 fiscal 2025, despite a sequential increase due to seasonal factors, with challenges stemming from product category pressures and external economic conditions [2][4][6]. Financial Performance Expectations - Sonos anticipates Q3 revenues between $310 million and $340 million, representing a sequential increase of 19–31% but a year-over-year decline of 14–22% [2]. - The consensus estimate for earnings is set at 9 cents per share, down from 23 cents in the prior-year quarter, with a trailing four-quarter average earnings surprise of 29.3% [3][10]. - GAAP gross margin is expected to be between 43% and 45%, while non-GAAP gross margin is projected at 45.2% to 47% [7][10]. Challenges Impacting Performance - Sonos faces multiple headwinds, including cyclically pressured product categories, particularly in the portables segment, and uncertain demand trends [4]. - Supply chain disruptions, regulatory pressures, and financial market volatility are likely to have negatively impacted margins and competitive positioning [5][6]. - Tariff-related expenses are projected to increase, with actual cash outlay expected to rise significantly in the upcoming quarters [5]. Strategic Initiatives - The launch of high-margin products like Sonos Ace and Era 100 Pro is anticipated to help mitigate some of the margin and demand pressures [8][10][12]. - Sonos is focusing on product innovation and maintaining a cadence of two hardware launches per year to drive long-term growth [12]. - Expansion of direct-to-consumer initiatives and a growing international presence, particularly in Asia, are expected to support overall performance [13].

Core Insights - Dolby Laboratories, Inc. (DLB) reported strong third-quarter fiscal 2025 results with non-GAAP earnings per share (EPS) of 78 cents, exceeding the Zacks Consensus Estimate by 8.3% and up from 71 cents in the prior-year quarter [1][8] - Total revenues reached $315.6 million, an increase from $288.8 million year-over-year, also surpassing the Zacks Consensus Estimate by 3.9% [1][8] - The growth was primarily driven by higher revenues in the Licensing segment and the Products and Services segment [1][8] Financial Performance - Licensing revenues were $289.9 million, reflecting an 8.5% year-over-year increase, reaching the upper end of the company's guidance due to earlier-than-expected activity [4][8] - Products and Services revenues increased by 18% year-over-year to $25.6 million [4] - Gross profit for the quarter was $271.5 million, compared to $253.2 million in the year-ago quarter, while total operating expenses rose to $223.9 million from $216.4 million [6] Cash Flow and Liquidity - For the fiscal year to date ending June 27, 2025, Dolby generated $349.4 million in net cash from operating activities [9] - As of June 27, 2025, the company had $698.6 million in cash and cash equivalents against total liabilities of $581.8 million [9] - During the quarter, Dolby repurchased approximately 526,000 shares for around $40 million and declared a cash dividend of 33 cents per share [10] Future Outlook - For the fourth quarter of fiscal 2025, Dolby estimates revenues between $288 million and $318 million, with GAAP EPS of 28-43 cents and non-GAAP EPS between 61 cents and 76 cents [11] - The company expects full fiscal 2025 revenues in the range of $1.33 billion to $1.36 billion, with licensing revenues projected between $1.23 billion and $1.26 billion [12][13] Market Engagement - Dolby continues to see robust engagement from creators, distributors, and device manufacturers, with Dolby Atmos and Dolby Vision expanding across various content types and devices [2] - Major sporting events have been broadcast in Dolby, and partnerships with companies like Audi and Motorola have enhanced Dolby's presence in the automotive and mobile sectors [14][15]

Dolby Laboratories (DLB) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.71 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.33%. A quarter ago, it was expected that this creator and licensor of audio, video and voice technologies would post earnings of $1.29 per share when it actually produced earnings of $1.34, delivering a surpr ...

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Acushnet (GOLF) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. On the other hand, GoPro belongs to the Audio Video Production industry. This 6-stock industry is currently ranked #58. The industry has moved +15.5% year to date. Investors with an ...