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Advantage Solutions Inc. - ADV STOCK NEWS

Welcome to our dedicated news page for Advantage Solutions (Ticker: ADV), a resource for investors and traders seeking the latest updates and insights on Advantage Solutions.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Advantage Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Advantage Solutions's position in the market.

News
Two Roads Advisors Successfully Represents Toy Brand WeCool and Skincare Brand QRx on Their Exits
Rhea-AI Summary
Two Roads Advisors (TRA) has successfully represented toy brand WeCool Toys (Compound Kings) and skincare brand QRx on their exits to buyers in November, marking the eighth and ninth deals of 2023 for the leading boutique investment bank. TRA continues to offer unparalleled M&A and capital placement advice to companies in the consumer, business services, and technology sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
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News
Advantage Solutions hires Brian McRoskey as Chief Growth Officer
Rhea-AI Summary
Advantage Solutions Inc. (NASDAQ: ADV) appoints Brian McRoskey, a former Senior Partner at Bain & Company, as Chief Growth Officer. McRoskey brings 17 years of CPG industry expertise to drive growth and organizational excellence, strengthening the company's culture and operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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News
New survey shows majority of U.S. retailers and manufacturers predict strong 2023 holiday season
Rhea-AI Summary
Advantage Solutions Inc. (NASDAQ: ADV) unveils findings from its Q3 Advantage Outlook, reporting that retailers and manufacturers expect 1–5% unit volume sales growth this holiday season. The report highlights the impact of inflation and theft on the market, with retailers focusing on private brands, value-priced products, and promotions to address challenges. Meanwhile, manufacturers are targeting in- and at-home indulgence as a trend to capitalize on.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Advantage Solutions releases 2023 Private Brand Intelligence Report
Rhea-AI Summary
Advantage Solutions Inc. (NASDAQ: ADV) announced the release of its 2023 Private Brand Intelligence Report, revealing that consumers are increasingly shifting towards private brands due to higher trust and value. The report outlines three innovation pillars driving product and retail innovation: Purchasing with Purpose, Fit for Functionality, and Uniquely for Me.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
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none
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News
Advantage Solutions named Corporate Champion by the Women’s Forum of New York
Rhea-AI Summary
Advantage Solutions Inc. (NASDAQ: ADV) has been named a “Corporate Champion” by the Women’s Forum of New York for having a board of directors composed of at least 40% women. This recognition reflects the company's commitment to diversity and its mission to advance women in business. The Women’s Forum of New York’s Corporate Board Initiative aims to achieve gender balance on corporate boards by 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
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News
New survey indicates 50% of U.S. shoppers say inflation will impact their plans for spending on Thanksgiving food and holiday gifts
Rhea-AI Summary
Advantage Solutions Inc. (NASDAQ: ADV) unveils 'Holiday Spending 2023: Consumers Share Food- and Gift-Shopping Plans' survey, revealing that rising costs will lead to reduced Thanksgiving gatherings and fewer holiday presents. Inflation is expected to impact spending on food and gifts, with 50% of respondents anticipating higher food costs and 47% planning to buy fewer gifts this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.93%
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none
News
Advantage Solutions announces solid third quarter results that surpass consensus estimates and provides outlook for the remainder of the year
Rhea-AI Summary
Advantage Solutions Inc. reported a 4.3% year-over-year revenue growth to $1.1 billion for the third quarter of 2023. Adjusted EBITDA was $113.1 million, slightly down from the previous year. The company is planning to restructure its business into three segments to drive greater collaboration and efficiency. Advantage Solutions also expects Adjusted EBITDA around the upper end of the guidance range of $400 million to $420 million for fiscal year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.5%
Tags
earnings
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News
Crisp Acquires Atlas Technology Group from Advantage Solutions to Empower CPG Brands with Better Data
Rhea-AI Summary
Advantage Solutions Inc. has sold its Atlas Technology Group's business to Crisp, the open-data retail platform. Crisp will migrate Atlas' existing customers to its cloud-based data-sharing platform and collaborate with Advantage to offer supply chain analytics and an expanded retail footprint. The deal aims to reshape how consumer brands navigate supply chain issues and improve shopper experiences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
Tags
acquisition
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News
Advantage Solutions Announces Third Quarter 2023 Financial Results Release Date and Conference Call
Rhea-AI Summary
Advantage Solutions Inc. to release third quarter 2023 results on November 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
earnings
News
Advantage Solutions Announces New Headquarters in St. Louis, MO
Rhea-AI Summary
Advantage Solutions Inc. is relocating its corporate headquarters to St. Louis, Mo. in Q1 2024 to reach clients more efficiently and collaborate with consumer goods companies and retailers. The company plans to invest in local programs and combat hunger through its work with Feeding America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
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none
Stock ADV logo
Advantage Solutions Inc.

Nasdaq:ADV

ADV Rankings

#2118 Ranked by Market Cap
#4154 Ranked by Stock Gains
N/A Ranked by Dividends

ADV Stock Data

1.35B
48.18M
63.73%
50.44%
2.19%
All Other Support Services
Administrative and Support and Waste Management and Remediation Services
Link
US
Irvine

About ADV

with more than 40,000 associates generating over $65b in annual sales throughout our over 70 offices, advantage solutions is the premier consumer packaged goods sales and marketing agency, committed to building brand value for our clients and customers. our customized sales and marketing solutions include headquarter sales, retail merchandising and marketing services, specializing in client and customer events, publications and assisted-selling services for the grocery, drugstore, club, convenience, natural/specialty, sporting goods, consumer electronics and home center channels.