secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2026-03-03T23:59:59+00:00
Accession:  0001193125-26-086633
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions Q4 revenue up 4.5% to $932.1M; adj EBITDA down 7.3%; FY2026 guidance flat to low single-digit growth
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000119312526086633/0001193125-26-086633-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000119312526086633/adv-20260303.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-086633

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