Advantage Solutions Q1 2024 GAAP EPS $(0.02) Beats $(0.05) Estimate, Sales $906.000M Beat $867.515M Estimate

5/9/24 7:17:52 AM ET

Business Services

Consumer Discretionary

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Advantage Solutions (NASDAQ:ADV) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.05) by 60 percent. The company reported quarterly sales of $906.000 million which beat the analyst consensus estimate of $867.515 million by 4.44 percent. This is a 10.47 percent decrease over sales of $1.012 billion the same period last year.

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Recent Analyst Ratings for
$ADV

Date	Price Target	Rating	Analyst
12/6/2023	$4.00	Buy	Canaccord Genuity
5/11/2023	$3.00	Equal-Weight	Morgan Stanley
3/30/2022	$7.00	Hold	Deutsche Bank
3/4/2022	$7.00	Buy → Neutral	Goldman Sachs
3/3/2022	$9.00 → $7.00	Equal-Weight	Morgan Stanley
1/5/2022	$11.00 → $9.00	Equal-Weight	Morgan Stanley
9/23/2021	$12.00 → $11.00	Equal-Weight	Morgan Stanley
8/10/2021	$13.00 → $12.00	Equal-Weight	Morgan Stanley

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$ADV
Press Releases

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Advantage Solutions Announces Date for its 3Q'24 Financial Results and Conference Call
ST. LOUIS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) announced today that its third-quarter financial results will be released at 7 a.m. ET on November 7, 2024, followed by a conference call at 8:30 a.m. ET on the same day. The conference call can be accessed live over the phone by dialing 1-800-343-4136 or for international callers, 1-203-518-9843. The conference ID is ADVQ3. Three hours after the call, a replay will be available by dialing 1-844-512-2921 or, for international callers, 1-412-317-6671. The passcode is 11156956. The replay recording will be available until November 14, 2024. Interested investors and other parties may also listen to a simultan
10/25/24 2:47:53 PM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions to Participate in the Wells Fargo 7th Annual Consumer Conference
ST. LOUIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) announced today that Chris Growe, Chief Financial Officer, will meet with investors at the Wells Fargo 7th Annual Consumer Conference in Dana Point, Calif., on September 18, 2024. Contact your Wells Fargo representative for more details about attending the conference and scheduling a meeting with Advantage Solutions. About Advantage Solutions Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparallele
9/6/24 12:36:04 PM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions unveils comprehensive rebrand, emphasizing unified market approach
ST. LOUIS, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) today unveiled a new brand identity inspired by its dynamic workforce and designed to reflect its transition to a unified retail solutions company positioned at the center of brands, retailers and shoppers. Advantage, a provider of sales and omnichannel marketing solutions to consumer goods manufacturers and retailers, launched its new visual identity and messaging framework, as well as a teaser website, YourADV.com, with the full and expanded web experience slated to debut within weeks. While keeping its trusted name, Advantage's new branding is designed to convey its industry leadership and the full sui
9/4/24 8:00:00 AM ET
$ADV
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$ADV
Financials

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Advantage Solutions Announces Date for its 3Q'24 Financial Results and Conference Call
ST. LOUIS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) announced today that its third-quarter financial results will be released at 7 a.m. ET on November 7, 2024, followed by a conference call at 8:30 a.m. ET on the same day. The conference call can be accessed live over the phone by dialing 1-800-343-4136 or for international callers, 1-203-518-9843. The conference ID is ADVQ3. Three hours after the call, a replay will be available by dialing 1-844-512-2921 or, for international callers, 1-412-317-6671. The passcode is 11156956. The replay recording will be available until November 14, 2024. Interested investors and other parties may also listen to a simultan
10/25/24 2:47:53 PM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions Reports 2024 Second Quarter Results and Reaffirms its Full-Year Outlook
Management expects 2024 revenues and Adjusted EBITDA to grow low single digits on a continuing operations basis. Actions to simplify the business are substantially complete, marking an important milestone in the Company's strategic transformation. Divestiture of non-core assets in 2024 generated proceeds of ~$280 million available to opportunistically reduce debt. ST. LOUIS, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) ("Advantage," "Advantage Solutions," the "Company," "we," or "our"), a leading business solutions provider to consumer goods manufacturers and
8/7/24 7:00:00 AM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions Announces Date for its 2Q'24 Financial Results and Conference Call
ST. LOUIS, July 26, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) announced today that its second quarter financial results will be released at 7 a.m. ET on August 7, 2024, followed by a conference call at 8:30 a.m. ET on the same day. The conference call can be accessed live over the phone by dialing 1-800-267-6316, or for international callers, 1-203-518-9783. The conference ID is ADVQ2. Three hours after the call, a replay will be available by dialing 1-844-512-2921 or, for international callers, 1-412-317-6671. The passcode is 11156139. The replay recording will be available until August 14, 2024. Interested investors and other parties may also listen to a simultaneo
7/26/24 10:00:00 AM ET
$ADV
Business Services
Consumer Discretionary

Dirk Herdes, Former Nielsen SVP, Joins Crisp as General Manager and SVP Sales to Lead Northwest Arkansas Operations and Retail Strategy
Crisp will leverage Herdes' expertise in data-driven solutions for retail and CPG industry growth Crisp, the open data retail platform, announced today the appointment of Dirk Herdes as SVP Sales and General Manager of its operations in Bentonville, Arkansas. This strategic hire underscores Crisp's commitment to the rapidly growing Northwest Arkansas region, which is home to Walmart and its thousands of suppliers. Crisp aims to drive additional growth in this area, which is central to the retail and CPG industries. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240403294679/en/Dirk Herdes, General Manager and SVP of Sales, Cri
4/3/24 9:05:00 AM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions hires Brian McRoskey as Chief Growth Officer
IRVINE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced the appointment of Brian McRoskey as Chief Growth Officer, effective January 1, 2024. McRoskey will report directly to Dave Peacock, CEO of Advantage Solutions. "We are thrilled to welcome Brian McRoskey to our team," said Dave Peacock, CEO of Advantage Solutions. "Brian's strategic insights and operational expertise will play a pivotal role in shaping our growth strategy, identifying new business opportunities, and driving organizational excellence and long-term profitable growth. He bri
11/30/23 8:00:00 AM ET
$ADV
Business Services
Consumer Discretionary
Advantage Solutions Announces CEO Transition Effective April 1, 2022
IRVINE, Calif., March 01, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV) ("Advantage"), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, announced today Tanya Domier will retire as Advantage's chief executive officer and transition to the role of executive chair effective April 1, 2022. President and Chief Commercial Officer Jill Griffin will succeed Domier as Advantage's chief executive officer and will be named to the company's board of directors upon the transition. In the executive chair role, Domier will serve on the board of directors and provide input and counsel to the CEO and Advantage leadership on compan
3/1/22 4:05:00 PM ET
$ADV
Business Services
Consumer Discretionary

Advantage Solutions Q1 2024 GAAP EPS $(0.02) Beats $(0.05) Estimate, Sales $906.000M Beat $867.515M Estimate

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Recent Analyst Ratings for $ADV

$ADV Market Insights

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$ADV Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Chief Executive Officer Peacock David A bought $50,961 worth of shares (15,000 units at $3.40), increasing direct ownership by 0.65% to 2,335,396 units (SEC Form 4)

Chief Executive Officer Peacock David A bought $111,584 worth of shares (40,000 units at $2.79), increasing direct ownership by 2% to 2,320,396 units (SEC Form 4)

Pestello Jack Anthony bought $38,700 worth of shares (10,000 units at $3.87), increasing direct ownership by 7% to 146,279 units (SEC Form 4)

$ADV Large Ownership Changes

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SEC Form SC 13D/A filed by Advantage Solutions Inc. (Amendment)

SEC Form SC 13D/A filed by Advantage Solutions Inc. (Amendment)

SEC Form SC 13D/A filed by Advantage Solutions Inc. (Amendment)

$ADV Analyst Ratings

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Canaccord Genuity initiated coverage on Advantage Solutions with a new price target

Morgan Stanley resumed coverage on Advantage Solutions with a new price target

Deutsche Bank initiated coverage on Advantage Solutions with a new price target

$ADV Press Releases

Fastest customizable press release news feed in the world

Advantage Solutions Announces Date for its 3Q'24 Financial Results and Conference Call

Advantage Solutions to Participate in the Wells Fargo 7th Annual Consumer Conference

Advantage Solutions unveils comprehensive rebrand, emphasizing unified market approach

$ADV SEC Filings

SEC Form 10-Q filed by Advantage Solutions Inc.

Advantage Solutions Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

Advantage Solutions Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$ADV Financials

Live finance-specific insights

Advantage Solutions Announces Date for its 3Q'24 Financial Results and Conference Call

Advantage Solutions Reports 2024 Second Quarter Results and Reaffirms its Full-Year Outlook

Advantage Solutions Announces Date for its 2Q'24 Financial Results and Conference Call

$ADV Leadership Updates

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$ADV Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Dirk Herdes, Former Nielsen SVP, Joins Crisp as General Manager and SVP Sales to Lead Northwest Arkansas Operations and Retail Strategy

Advantage Solutions hires Brian McRoskey as Chief Growth Officer

Advantage Solutions Announces CEO Transition Effective April 1, 2022

COO, Experiential Services Young Andrea converted options into 88,027 shares and covered exercise/tax liability with 63,357 shares, increasing direct ownership by 7% to 365,790 units (SEC Form 4)

Large owner Karman Topco L.P. disposed of $2,219,406 worth of shares (567,623 units at $3.91), decreasing direct ownership by 0.31% to 180,141,463 units (SEC Form 4)

Chief Executive Officer Peacock David A bought $50,961 worth of shares (15,000 units at $3.40), increasing direct ownership by 0.65% to 2,335,396 units (SEC Form 4)

Recent Analyst Ratings for
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Market Insights

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Insider Purchases

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Large Ownership Changes

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Analyst Ratings

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Press Releases

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SEC Filings

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Financials

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Leadership Updates

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Insider Trading