D&M Holdings Inc. TSE: 6735 announced today that its Denon brand A/V surround receiver ranked No. 1 in sales dollars for the month of February in the U.S. with more than a 23% share of the surround receiver market according to the NPD Group’s Retail Tracking Service data. This is the first time the Denon A/V surround receiver has earned the leading position in the US market regardless of sales channels.
“Market-share rankings reflect the voice of the customer,” said President and Chief Operating Officer of D&M Holdings Victor J. Pacor. “Denon receivers are in high demand as customers increasingly pursue great sound and visual quality. This data point is particularly noteworthy since our Denon receivers command an average selling price that is much higher than that of the industry. This underscores ‘flight to quality’ as a consumer trend that continues to gain momentum.”
Denon, founded in 1910, is at the forefront of the global multimedia revolution, enabling rich sound experiences that inspire customers worldwide. D&M Holdings Inc. owns the Denon brand and provides global business platforms for sales and marketing, supply chain, and other support to allow the brand to focus on innovation and building superior products.
About D&M Holdings Inc.
D&M Holdings Inc. is a global operating company providing worldwide management and distribution platforms for premium consumer, automotive, commercial and professional audio and video businesses including Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, Escient, Calrec Audio, Denon DJ, D&M Professional and D&M Premium Sound Solutions. Our technologies improve the quality of any audio and visual experience. All product and brand names with a trademark symbol are trademarks or registered trademarks of D&M Holdings, Inc. or its subsidiaries. For more information visit www.dm-holdings.com.