{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-056245","form_type":"8-K","ticker":"ADV","cik":"0001776661","company_name":"Advantage Solutions Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.044800+00:00","generated_at":"2026-06-02T06:38:43.147883+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Advantage reports Q1 revenue $906M, -10% YoY; adjusted EBITDA $79M in line; reaffirms FY24 outlook","bullets":["Revenue $906M (-10% YoY); +1% ex-divestitures, FX, pass-through costs.","Net loss $3.1M vs $47.7M loss last year; operating income $31.3M with gain on divestiture.","Segment: Branded Services rev -22.6%, Experiential +19.5%, Retailer -6.3%; Adj. EBITDA $78.8M.","Repurchased $51M in notes, $11.7M in shares (5M YTD); net leverage 4.2x.","Sold Adlucent May 1; reaffirms FY24 low-single-digit revenue/EBITDA growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-056245","json":"https://secwatch.observer/filing/0000950170-24-056245.json","markdown":"https://secwatch.observer/filing/0000950170-24-056245.md","text":"https://secwatch.observer/filing/0000950170-24-056245.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776661/000095017024056245/0000950170-24-056245-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776661/000095017024056245/adv-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:38:43.147883+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0517869a17a796f394de781bf34d389d6bfa834c","claim":"Advantage Solutions Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).","evidence_excerpt":"today reported financial results for its first quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1776661/000095017024056245/0000950170-24-056245-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}