secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000950170-24-092267
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions realigns segments into Branded, Experiential, Retailer; provides recast historical data
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- Effective Jan 1, 2024, new reportable segments: Branded Services, Experiential Services, Retailer Services.
- Recast quarterly revenue, operating income, Adjusted EBITDA for new segments for 2022–2024 included.
- Q2 2024 continuing ops revenue $873M; operating loss $91.3M; Adjusted EBITDA $89.9M.
- Discontinued operations reclassified for businesses sold or held for sale as of Mar 31 and Jun 30, 2024.
- Management continues to evaluate further simplification to focus on core businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000095017024092267/0000950170-24-092267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000095017024092267/adv-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-092267

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer