---
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"
generated_at: "2026-06-02T06:38:43.147883+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Advantage reports Q1 revenue $906M, -10% YoY; adjusted EBITDA $79M in line; reaffirms FY24 outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-056245
- JSON: https://secwatch.observer/filing/0000950170-24-056245.json
- Plain text: https://secwatch.observer/filing/0000950170-24-056245.txt

## Key facts
- Earnings Releases
  Advantage Solutions Inc. updated its first quarter ended March 31, 2024 guidance (reaffirmed).
  - Period: first quarter ended March 31, 2024
  - Guidance: reaffirmed
  - Result: reported results
  source text: today reported financial results for its first quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1776661/000095017024056245/0000950170-24-056245-index.htm

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