Advantage Solutions

Advantage Solutions, Inc. is a business solutions provider, which is committed to driving growth for consumer goods manufacturers and retailers through winning insights and execution. It operates through the following segments: Sales and Marketing. The company was founded by Sonny King in 1987 and is headquartered in Irvine, CA.

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Earnings data Q4 2024

Advantage Solutions reports record revenue in 2022, eyes strategic growth

Advantage Solutions delivered record revenue in 2022, focusing on core strengths like talent management and balance sheet strength while addressing challenges like labor shortages and inflation.
The company's fiscal 2023 outlook emphasizes strategic guidance, potential divestitures, and a proactive approach to managing uncertainties in the market.
Under new leadership, Advantage Solutions is poised to leverage opportunities for growth through acquisitions, pricing strategies, and talent optimization, reinforcing confidence in its future.

Advantage Solutions reports robust Q1 performance and optimistic 2023 outlook

Advantage Solutions delivered a strong performance in Q1 2023, showcasing revenue growth, improved cash flow, and strategic workforce expansion.
The company's focus on profitability, debt reduction, and client satisfaction positions it well for long-term success despite potential challenges.
With a positive outlook for 2023 and a commitment to operational excellence, Advantage Solutions is poised to capitalize on growth opportunities and drive value for stakeholders.

Advantage Solutions reports robust Q2 earnings, eyes growth strategies

Advantage Solutions delivered strong financial results in Q2 2023, driven by revenue growth strategies and operational improvements.
The company's investments in technology, talent, and market insights position them well to capitalize on growth opportunities.
Challenges in labor shortages and cost inflation require ongoing attention, but Advantage's strategic focus and financial outlook remain positive.

Advantage Solutions surpasses Q3 revenue expectations, focuses on growth

Advantage Solutions delivered strong financial performance, exceeding revenue and EBITDA expectations, while addressing industry challenges through strategic initiatives.
The company's focus on technology modernization, talent management, and operational efficiency positions it well for sustainable growth and value creation.
Confidence in trajectory, essential services, and commitment to enhancing shareholder value highlight Advantage Solutions' strategic direction and resilience.

Advantage Solutions exceeds 2023 EBITDA guidance, focuses on growth

Advantage Solutions delivered strong financial performance in 2023, exceeding EBITDA guidance and focusing on core business growth. Investments in technology and talent position them for future success.
The company faces challenges in managing wage inflation and client exits while seizing opportunities in e-commerce and new partnerships for revenue growth. Strategic actions and financial discipline are key to navigating these dynamics.
Overall, Advantage Solutions remains confident in its value and growth potential, emphasizing organizational evolution and financial discipline to drive sustainable performance and shareholder value.

Advantage Solutions reports solid Q1 performance amidst market challenges

Advantage Solutions navigated Q1 2024 with a focus on debt reduction, share buybacks, and strategic investments in technology partnerships.
Despite challenges from market softness and declining client orders in Branded Services, the company remains committed to growth and innovation.
Renewals, new agreements, and a reaffirmed guidance for 2024 signal a resilient outlook with a strategic focus on long-term success.

Advantage Solutions reports resilient Q2 performance and strategic growth focus

Advantage Solutions delivered steady revenue growth and margin performance in Q2 2024, supported by strategic divestitures and cost management initiatives.
The company's focus on technology, segmentation, and talent investments underscores its commitment to innovation and client service excellence.
While facing challenges such as wage inflation and divestiture impacts, Advantage Solutions is well-positioned to leverage opportunities for growth and value creation.
By balancing cost optimization with strategic investments and debt reduction, the company aims to drive performance improvements and enhance shareholder returns.

Advantage Solutions reports revenue and EBITDA growth in Q3 2024

Advantage Solutions delivered solid financial performance in Q3 2024 with revenue and adjusted EBITDA growth driven by Experiential Services and Retailer Services. Transformation initiatives focused on technology and analytics aim to enhance client solutions.
Efforts on labor efficiency, technology utilization, and AI implementation are geared towards boosting productivity and cost savings. The company maintained its outlook for low single-digit revenue and adjusted EBITDA growth for the year.
Despite challenges in maintaining efficiency and managing costs amidst market competition, Advantage Solutions has opportunities to leverage technology, expand services, and explore new market avenues for growth.

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Advantage Solutions, Inc. is a business solutions provider, which is committed to driving growth for consumer goods manufacturers and retailers through winning insights and execution. It operates through the following segments: Sales and Marketing. The company was founded by Sonny King in 1987 and is headquartered in Clayton, MO.

Advantage Solutions Inc. (NASDAQ:ADV ) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET Company Participants Sean Choksi - Investor Relations and Strategy Dave Peacock - Chief Executive Officer Chris Growe - Chief Financial Officer Conference Call Participants Greg Parrish - Morgan Stanley Jason English - Goldman Sachs Operator Ladies and gentlemen, good morning, and welcome to the Advantage Solutions' Second Quarter 2023 Earnings Call. Today's call is being recorded, and we have allocated one hour for prepared remarks and Q&A.

Advantage Solutions Inc. (ADV) Q2 2023 Earnings Call Transcript

Advantage Solutions Inc. (ADV) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.10. This compares to earnings of $0.17 per share a year ago.

Advantage Solutions Inc. (ADV) Reports Q2 Loss, Tops Revenue Estimates

IRVINE, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we” or “our”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its second quarter ended June 30, 2023. The results continue to reflect a trendline of improving revenue and Adjusted EBITDA performance for the Company. Revenues for the quarter grew 5.7% year-over-year, an increase of 6.1% excluding foreign exchange, to reach $1.0 billion, and Adjusted EBITDA for the quarter reached $104.2 million, down 3.8% year-over year with a margin decline of approximately 100 basis points. The decline in Adjusted EBITDA reflects an improvement in dollar and margin trajectory relative to prior quarter (which, in the first quarter of 2023, had decreased 4.8% in dollars and approximately 150 basis points in margin, in each case, on a year-over-year basis) and includes the impact of the completed divestiture.

Advantage Solutions Reports Second Quarter 2023 Financial Results and Reaffirms Annual Outlook

IRVINE, Calif., July 24, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) today announced the company will release its second quarter 2023 results at 7 a.m. ET on Aug. 4, 2023, to be followed by a conference call at 8:30 a.m. ET on the same day.

Advantage Solutions Announces Second Quarter 2023 Financial Results Release Date and Conference Call

IRVINE, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage Solutions,” the “Company,” “we” or “our”) has appointed Jody Macedonio, chief financial officer for Meati, maker of animal-free meat alternatives, to its board of directors.

Advantage Solutions Names Meati CFO Jody Macedonio to Its Board of Directors

Advantage Solutions, Inc. (NASDAQ:ADV ) Q1 2023 Earnings Conference Call May 10, 2023 8:30 AM ET Company Participants Kimberly Esterkin - ADDO Investor Relations David Peacock - CEO & Director Christopher Growe - CFO Conference Call Participants Faiza Alwy - Deutsche Bank Gregory Parrish - Morgan Stanley Jason English - Goldman Sachs Group Operator Good morning, and welcome to the Advantage Solutions First Quarter 2023 Earnings Call. Today's call is being recorded, and we have allocated one hour for prepared remarks and Q&A.

Advantage Solutions, Inc. (ADV) Q1 2023 Earnings Call Transcript

Advantage Solutions Inc. (ADV) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.06 per share a year ago.

Advantage Solutions Inc. (ADV) Reports Q1 Loss, Tops Revenue Estimates

IRVINE, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we” or “our”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its first quarter ended March 31, 2023. Revenues grew 10.6% year-over-year, up 12.1% excluding foreign exchange, to reach $1.0 billion, and EBITDA reached $92.1 million, down 4.8% year-over year. The quarter came in ahead of our internal expectations driven by a stronger revenue performance.

Advantage Solutions Reports First Quarter 2023 Financial Results and Reaffirms Annual Outlook

Advantage Solutions Inc. (ADV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Advantage Solutions Inc. (ADV) Reports Next Week: Wall Street Expects Earnings Growth

IRVINE, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- For the 10th year in a row, Advantage Solutions is the No. 1 Promotion and Experiential Marketing Agency Network in the United States, according to  Ad Age Agency Report 2023.

Advantage Solutions Ranked Top U.S. Promotion & Experiential Marketing Agency for 10th Consecutive Year

IRVINE, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- The board of directors of Advantage Solutions Inc. (NASDAQ: ADV), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, last week unanimously voted to appoint Jim Kilts to the role of chairman of the board of directors, effective March 31, 2023. Kilts previously held the position prior to former CEO Tanya Domier's appointment as the board's executive chair. Domier resigned from the role as of March 31, 2023, concurrent with her retirement from Advantage Solutions.

Advantage Solutions Names Jim Kilts Chairman of the Board of Directors

IRVINE, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage” or the “Company”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today announced the hires of Jack Pestello as chief operating officer of branded services and Francesco Tinto as chief digital officer, both reporting to Advantage CEO Dave Peacock.

Advantage Solutions Names COO of Branded Services and Chief Digital Officer

IRVINE, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage” or the “Company”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today announced the hires of Chris Growe as chief financial officer, Pamela Morris-Thornton as chief human resources officer and Kelli Hammersmith as chief communications officer, all reporting to Advantage CEO Dave Peacock. Morris-Thornton and Hammersmith will begin their roles March 20. Growe's appointment is effective March 27. He succeeds Brian Stevens, who will continue to advise the company through July.

Advantage Solutions Names New Chief Financial Officer, Chief Human Resources Officer and Chief Communications Officer

Advantage Solutions Inc. (ADV) delivered earnings and revenue surprises of 226.67% and 3.13%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Advantage Solutions Inc. (ADV) Q4 Earnings and Revenues Top Estimates

Advantage Solutions Inc. (NASDAQ:ADV ) Q4 2022 Results Conference Call March 1, 2023 5:00 PM ET Company Participants Kimberly Esterkin - Investor Relations Dave Peacock - Chief Executive Officer Brian Stevens - Chief Financial Officer and Chief Operating Officer Conference Call Participants Greg Parrish - Morgan Stanley Jason English - Goldman Sachs Operator Ladies and gentlemen, good afternoon, and welcome to Advantage Solutions Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's call is being recorded and we have allocated one hour for prepared remarks and Q&A.

Advantage Solutions Inc. (ADV) Q4 2022 Earnings Call Transcript

IRVINE, Calif., March 01, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we” or “our”), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its fiscal fourth quarter and full fiscal year ended December 31, 2022.

Advantage Solutions Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results and Provides 2023 Outlook

Dave Peacock to become chief executive officer and Chris Baldwin to join the board of directors effective February 1, 2023 Dave Peacock to become chief executive officer and Chris Baldwin to join the board of directors effective February 1, 2023

Advantage Solutions Names New CEO and New Board Member

In my view, the most appealing about Advantage Solutions is the fact that many large brands out there are long-term clients, bringing recurring revenue streams. I believe that the company's one-to-one engagement strategies appear promising. I assumed that the company's know-how, in-store experience, and loyalty programs will bring FCF generation.

Advantage Solutions: Long-Term Relationships With Large Brands, And Undervalued

Advantage Solutions Inc. (NASDAQ:ADV ) Q3 2022 Earnings Conference Call November 9, 2022 5:00 PM ET Company Participants Lasse Glassen - Investor Relations Jill Griffin - Chief Executive Officer Brian Stevens - Chief Financial Officer & Chief Operating Officer Conference Call Participants Jason English - Goldman Sachs Toni Kaplan - Morgan Stanley Faiza Alwy - Deutsche Bank Operator Good afternoon and welcome to Advantage Solutions Third Quarter 2022 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A.

Advantage Solutions Inc. (ADV) Q3 2022 Earnings Call Transcript

Advantage Solutions Inc. (ADV) delivered earnings and revenue surprises of -50% and 1.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Advantage Solutions Inc. (ADV) Q3 Earnings and Revenues Lag Estimates

IRVINE, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) (the “Company” or “Advantage”) today announced the Company will release its third quarter 2022 results after the market closes on Wednesday, November 9, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Advantage Solutions Announces Third Quarter 2022 Financial Results Release Date and Conference Call

Advantage Sales' quarterly Outlook report reveals manufacturer, retailer plans for pricing, product assortment and supply chain Advantage Sales' quarterly Outlook report reveals manufacturer, retailer plans for pricing, product assortment and supply chain

Survey Finds Grocery Industry Changing Tactics to Navigate Inflation and Changing Shopper Behavior

Advantage Solutions Inc. (NASDAQ:ADV ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Lasse Glassen - IR Jill Griffin - CEO Brian Stevens - CFO and COO Conference Call Participants Toni Kaplan - Morgan Stanley Jason English - Goldman Sachs Operator Good afternoon, and welcome to Advantage Solutions' Second Quarter 2022 Earnings Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A.

Advantage Solutions Inc. (ADV) CEO Jill Griffin on Q2 2022 Results - Earnings Call Transcript

Advantage Solutions Inc. (ADV) delivered earnings and revenue surprises of 21.43% and 1.20%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Advantage Solutions Inc. (ADV) Beats Q2 Earnings Estimates

IRVINE, Calif., July 19, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) (the “Company” or “Advantage”) today announced the Company will release its second quarter 2022 results after the market closes on Tuesday, August 9, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

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