{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-086633","form_type":"8-K","ticker":"ADV","cik":"0001776661","company_name":"Advantage Solutions Inc.","filed_at":"2026-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.140764+00:00","generated_at":"2026-05-15T22:19:00.996941+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Advantage Solutions Q4 revenue up 4.5% to $932.1M; adj EBITDA down 7.3%; FY2026 guidance flat to low single-digit growth","bullets":["Q4 revenue $932.1M (+4.5% YoY); net loss $161.7M vs $177.9M loss in prior year.","Full year revenue $3.54B (-0.7%); adjusted EBITDA $331.8M (-6.8%); net loss $227.7M vs $378.4M loss.","Segment: Branded Services revenue down 10.4%; Experiential up 21.6%; Retailer up 1.3% in Q4.","Closed non-core divestitures generating ~$55M; cash $241M; planning debt refinancing extending maturities to 2030.","FY2026 outlook: revenue flat to up low single digits; adj EBITDA flat to down mid-single digits; unlevered FCF $250-275M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-086633","json":"https://secwatch.observer/filing/0001193125-26-086633.json","markdown":"https://secwatch.observer/filing/0001193125-26-086633.md","text":"https://secwatch.observer/filing/0001193125-26-086633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1776661/000119312526086633/0001193125-26-086633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1776661/000119312526086633/adv-20260303.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:19:00.996941+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"}