{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-035138","form_type":"8-K","ticker":"ADV","cik":"0001776661","company_name":"Advantage Solutions Inc.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.816362+00:00","generated_at":"2026-05-25T03:54:08.583252+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Advantage Solutions Q4 rev down 10%, Adj EBITDA +8.9%; net loss $178M","bullets":["Q4 revenue $892.3M (-10% reported, -2.4% organic); full year $3.57B (-8.6% reported, +1% organic).","Q4 Adj EBITDA $94.6M (+8.9%); full year $356.0M (+1.1%). Net loss $177.9M in Q4 vs $2.7M loss last year.","Branded Services revenue down 25% in Q4; Experiential +5.4%; Retailer -3.4%.","2025 guidance: revenue and Adj EBITDA up low single-digits; net interest $140-150M; capex $65-75M.","Debt repurchases ~$158M, share buybacks ~$34M in 2024; net leverage 4.0x TTM Adj EBITDA."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-035138","json":"https://secwatch.observer/filing/0000950170-25-035138.json","markdown":"https://secwatch.observer/filing/0000950170-25-035138.md","text":"https://secwatch.observer/filing/0000950170-25-035138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776661/000095017025035138/0000950170-25-035138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776661/000095017025035138/adv-20250307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T03:54:08.583252+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}