---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023863"
form_type: "8-K"
ticker: "ADV"
cik: "0001776661"
company_name: "Advantage Solutions Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:44:05.730146+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Advantage Solutions Q3 revenue up 13% but misses earnings; cuts FY22 Adj. EBITDA guidance to $430-440M

## Summary
- Q3 revenue $1,051.1M (+13.2% YoY); operating income $46.8M (-28.6%); net income $23.2M (-4.5%).
- Adjusted EBITDA $118.3M, -11.6% YoY; lowered FY22 guidance to $430-440M from $490-510M.
- Labor shortages, wage inflation, and macro headwinds slowing expected rebound; pivot to de-leveraging balance sheet.
- Marketing segment (+22% YoY) driven by sampling/demo recovery; sales segment (+8%) from retail merchandising.
- Management expects sampling/demo business to continue rebuilding in 2023; less emphasis on M&A near term.

## SEC filing metadata
- accession: 0000950170-22-023863
- form_type: 8-K
- ticker: ADV
- cik: 0001776661
- company_name: Advantage Solutions Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1776661/000095017022023863/0000950170-22-023863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1776661/000095017022023863/adv-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023863
- JSON: https://secwatch.observer/filing/0000950170-22-023863.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023863.txt

## Key facts
- Earnings Releases
  Advantage Solutions Inc. reported the three months ended September 30, 2022 results: revenue $1,051.1 million, net income $23.2 million. Guidance lowered.
  - Period: the three months ended September 30, 2022
  - Revenue: $1,051.1 million
  - Net income: $23.2 million
  - Guidance: lowered
  - Result: reported results
  source text: ahead, I remain confident that Advantage remains in a strong position to drive profitable growth as market conditions normalize.” Third Quarter 2022 Highlights • Revenues were $1,051.1 million for the third quarter of 2022, representing an increase of $122.3 million, or 13.2%, from the third quarter 2021 revenues of $928.8 million. • Operating income was $46.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017022023863/0000950170-22-023863-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.