Articles from Advantage Solutions, Inc.

Johnson brings a wealth of labor expertise to strengthen client service, enhance frontline teammate experience and drive workforce efficiency

Amp, an Advantage full-service, omnichannel marketing agency, also recognized as a top agency

Strategic partnerships aimed at enriching lives and enhancing community engagement through multiyear initiatives to address food security and economic mobility

Delivered revenues and Adjusted EBITDA growth during a year of investment.

ST. LOUIS, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) 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.

ST. LOUIS, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) 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.

The company goes to market as one cohesive brand that will enhance efficiency and effectiveness

Management expects 2024 revenues and Adjusted EBITDA to grow low single digits on a continuing operations basis.

Award affirms Advantage’s role as a market leader in comprehensive e-commerce solutions, with full-service Amazon capabilities to drive exceptional growth for brands

Agreement with leading retail technology provider will bolster omnichannel and retail media offerings for brands and retailers

ST. LOUIS, July 31, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has completed the sale of digital advertising platform Jun Group to Verve Group SE, a Swedish digital advertising company formerly known as Media and Games Invest SE.

Management also plans to participate in the Canaccord Genuity Growth Conference

ST. LOUIS, June 18, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has entered into an agreement to sell its digital advertising platform Jun Group to Verve Group SE, a Swedish digital advertising company formerly known as Media and Games Invest SE.

ST. LOUIS and LOS ANGELES, June 11, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading business solutions provider to consumer goods manufacturers and retailers, and L.A. Libations, a leading consumer packaged goods innovator, incubator and accelerator, today announced they have signed a letter of intent to form a joint venture that will bring the full power of Advantage’s suite of services on a national scale to emerging consumer packaged goods and beverage brands.

ST. LOUIS, June 10, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has sold Strong Analytics, a designer and developer of custom software solutions, to OneSix.

ST. LOUIS, June 04, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has sold content management platform The Data Council to SPINS.

ST. LOUIS, May 09, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“Advantage,” “Advantage Solutions,” the “Company,” “we,” or “our”), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for its first quarter ended March 31, 2024.

ST. LOUIS, May 01, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced it has sold digital marketing agency Adlucent to BarkleyOKRP.

ST. LOUIS, April 26, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) announced today that the company will release its first quarter financial results at 7 a.m. ET on May 9, 2024, to be followed by a conference call at 8:30 a.m. ET on the same day.

IRVINE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Adlucent, a leading performance media, analytics, and data agency and Advantage Solutions Inc. company, proudly announces the launch of its cutting-edge BEACON application on Google Cloud Marketplace. BEACON enables digital marketers to bring together their first-party data with their data stored in BigQuery, and provides another means to easily implement Google’s enhanced conversions via the Google Ads API, offering optimal flexibility and control over advertiser data. With BEACON, advertisers can benefit from privacy-focused data controls over their first-party data and inform marketing and advertising campaigns with more complete data, helping companies achieve above-and-beyond results for their digital marketing campaigns and maximize revenue potential.

IRVINE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“Advantage,” “Advantage Solutions,” the “company,” “we” or “our”), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its fourth quarter and fiscal full year ended December 31, 2023. The results continue to reflect a trendline of improving financial performance and progress executing its transformation strategy.

IRVINE, Calif., Feb. 09, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) announced today that the company will release its fourth quarter and full-year 2023 results at 7 a.m. ET on Feb. 29, 2024, to be followed by a conference call at 8:30 a.m. ET on the same day.

IRVINE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced it has sold its collection of foodservice businesses, most notably Waypoint, to Prospect Hill Growth Partners, L.P.

IRVINE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced it has entered into two separate agreements with third-party technology companies to optimize and streamline a host of business process and administrative functions.

IRVINE, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Adlucent, a leading performance media, analytics and data agency and Advantage Solutions Inc. company, announced today that it has joined the Google Cloud Partner program as a technology, reseller and service partner. Adlucent’s partnership with Google Cloud enhances the agency’s ability to help clients outperform their goals and achieve maximum return on investment (ROI) on their digital marketing campaigns.

IRVINE, Calif., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today announced a plan to streamline and restructure its international businesses in an effort to sharpen its focus on core markets and accelerate growth. The changes will reduce back-office complexities and expenses, simplify financial reporting, eliminate losses in certain Asian businesses and enable the company to trade a minority interest in a foreign business for shares of Advantage stock.

Bain & Company Senior Partner will bring a wealth of CPG experience and insights to Advantage’s clients

Advantage Solutions’ Q3 Advantage Outlook finds retailers and manufacturers expect 1–5% unit volume sales growth this holiday season, but market still tackling inflation and shrink issues

Daymon report reveals consumers shifting to private brands, spurring new product and retail innovation

Distinction was awarded to honor gender diversity of Advantage’s board of directors

Advantage Solutions’ annual holiday survey also reveals the rising cost of goods will result in many hosting fewer people this Thanksgiving and buying fewer holiday presents for people this year

IRVINE, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“Advantage,” “Advantage Solutions,” the “company,” “we” or “our”), a leading provider of sales and marketing services to consumer goods manufacturers and retailers, today reported financial results for its third quarter ended September 30, 2023. The results continue to reflect a trendline of improving financial performance for the company, with Adjusted EBITDA ahead of consensus estimates. Revenues for the quarter grew 4.3% year-over-year, or 5.8% excluding the impact of foreign exchange rates, acquisitions and divestitures, to $1.1 billion. Adjusted EBITDA for the quarter was $113.1 million, down 4.3% year-over year, which is in-line with prior quarters this year. On a year-to-date basis, Advantage has generated $3.1 billion of revenues and $309.4 million of adjusted EBITDA.

Crisp to serve as the data acquisition technology platform for Advantage Solutions’ clients

IRVINE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) today announced the company will release its third quarter 2023 results at 7 a.m. ET on Nov. 7, 2023, to be followed by a conference call at 8 a.m. ET on the same day.

The new headquarters will serve as a collaboration hub for company leaders to convene regularly with consumer brand and retail partners

Advantage Solutions’ annual consumer Halloween survey reveals the impact of societal and economic trends on shopper preferences and behavior

Advantage Outlook reveals that consumer products companies are focusing on higher-end innovations, including health and wellness offerings and in- and at-home indulgences.

IRVINE, Calif., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

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.

IRVINE, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

IRVINE, Calif., May 10, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

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.

IRVINE, Calif., April 19, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) (the “Company” or “Advantage”) today announced the Company will release its first quarter 2023 results before the market opens on Wednesday, May 10, 2023, to be followed by a conference call at 8:30am (Eastern Time) on the same day.

IRVINE, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- The board of directors of Advantage Solutions Inc. (NASDAQADV), 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.

IRVINE, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

IRVINE, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

IRVINE, Calif., March 01, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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.

IRVINE, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (Nasdaq: ADV) (the “Company” or “Advantage”) today announced the Company will release its fourth quarter and full year 2022 results after the market closes on Wednesday, March 1, 2023, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

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

IRVINE, Calif., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQADV) (“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 third quarter ended September 30, 2022.

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