Advantage Solutions(ADV)
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Advantage Solutions Announces Date for its 2Q'24 Financial Results and Conference Call
GlobeNewswire News Room· 2024-07-26 14:00
ST. LOUIS, July 26, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) announced today that its second quarter financial results will be released at 7 a.m. ET on August 7, 2024, followed by a conference call at 8:30 a.m. ET on the same day. The conference call can be accessed live over the phone by dialing 1-800-267-6316, or for international callers, 1-203-518-9783. The conference ID is ADVQ2. Three hours after the call, a replay will be available by dialing 1-844-512-2921 or, for internationa ...
New Strong Sell Stocks for June 24th
ZACKS· 2024-06-24 11:45
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Advantage Solutions (ADV) is a business solutions provider for consumer goods manufacturers and retailers. The Zacks Consensus Estimate for its current year earnings has been revised almost 12.8% downward over the last 60 days.ALLIENT INC (ALNT) designs, manufactures, and sells precision and specialty-controlled motion components and systems. The Zacks Consensus Estimate for its current year earnings has been revised 18.9% downward ov ...
Advantage Solutions to sell digital advertising platform Jun Group for $185 million
Newsfilter· 2024-06-18 15:55
ST. LOUIS, June 18, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has entered into an agreement to sell its digital advertising platform Jun Group to Verve Group SE, a Swedish digital advertising company formerly known as Media and Games Invest SE. Gross proceeds from the sale are expected to be approximately $185 million, the majority of which will be received in cash at closing. The tr ...
Advantage Solutions to sell digital advertising platform Jun Group for $185 million
GlobeNewswire News Room· 2024-06-18 15:55
ST. LOUIS, June 18, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has entered into an agreement to sell its digital advertising platform Jun Group to Verve Group SE, a Swedish digital advertising company formerly known as Media and Games Invest SE. Gross proceeds from the sale are expected to be approximately $185 million, the majority of which will be received in cash at closing. The t ...
Advantage Solutions and L.A. Libations announce intent to form joint venture, creating a national retail solution to accelerate and scale emerging brands
Newsfilter· 2024-06-11 13:00
ST. LOUIS and LOS ANGELES, June 11, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading business solutions provider to consumer goods manufacturers and retailers, and L.A. Libations, a leading consumer packaged goods innovator, incubator and accelerator, today announced they have signed a letter of intent to form a joint venture that will bring the full power of Advantage's suite of services on a national scale to emerging consumer packaged goods and beverage brands. The proposed joint ...
Advantage Solutions sells Strong Analytics to OneSix, marking another step in its business simplification
Newsfilter· 2024-06-10 13:00
ST. LOUIS, June 10, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has sold Strong Analytics, a designer and developer of custom software solutions, to OneSix. Terms of the sale, which closed June 7, were not disclosed. Strong Analytics, which Advantage acquired in 2021, provides a range of data science services primarily to brands in the pharmaceutical, marketing and hospitality industri ...
All You Need to Know About Advantage Solutions (ADV) Rating Upgrade to Buy
Zacks Investment Research· 2024-05-13 17:01
Advantage Solutions Inc. (ADV) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...
Advantage Solutions (ADV) Loses -16.83% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Zacks Investment Research· 2024-05-13 14:36
Advantage Solutions Inc. (ADV) has been beaten down lately with too much selling pressure. While the stock has lost 16.8% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum osci ...
Advantage Solutions(ADV) - 2024 Q1 - Earnings Call Presentation
2024-05-11 17:50
Earnings Presentation First Quarter 2024 May 8, 2024 Forward-Looking Statements Non-GAAP Measures & Other Performance Metrics Thispresentationmaycontain“forward-lookingstatements”withinthemeaningoftheU.S.PrivateSecurities To supplement the financial measures presented in our presentation and related conference call in accordance LitigationReformActof1995.Inthiscontext,forward-lookingstatementsgenerallyrelatetofutureeventsor withgenerallyacceptedaccountingprinciplesintheUnitedStates(“GAAP”),wealsopresentthef ...
Advantage Solutions(ADV) - 2024 Q1 - Earnings Call Transcript
2024-05-11 17:22
Advantage Solutions Inc. (NASDAQ:ADV) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Ruben Mella - Vice President, Investment Relations Dave Peacock - Chief Executive Officer Chris Growe - Chief Financial Officer Sean Choksi - Senior Vice President, Strategy and M&A Conference Call Participants Pallav Saini - Canaccord Genuity Faiza Alwy - Deutsche Bank Operator Greetings. And welcome to the Advantage Solutions First Quarter 2024 Earnings Call. At this time, all participants ar ...