Q1 2025 Performance Highlights - Sales decreased by 1% year-over-year, from $1,017 million in Q1 2024 to $1,010 million in Q1 2025[16] - Adjusted Operating Income increased by 12% year-over-year, from $217 million in Q1 2024 to $243 million in Q1 2025[16] - Return on Sales (ROS) expanded by 260 basis points year-over-year, from 214% in Q1 2024 to 240% in Q1 2025[16] - Adjusted Earnings Per Share (EPS) increased by 18% year-over-year, from $094 in Q1 2024 to $111 in Q1 2025[16] Segment Performance - Flow segment sales decreased by 4% year-over-year, from $384 million in Q1 2024 to $368 million in Q1 2025[31], with segment income up 8%[35] and ROS at 227%[34] - Water Solutions segment sales decreased by 5% year-over-year, from $273 million in Q1 2024 to $258 million in Q1 2025[39], but segment income increased by 9%[44] and ROS at 235%[43] - Pool segment sales increased by 7% year-over-year, from $359 million in Q1 2024 to $384 million in Q1 2025[47], with segment income up 14%[51] and ROS at 328%[50] Financial Position and Outlook - The company maintained its full-year 2025 sales guidance of $4085 million to $4165 million and Adjusted EPS guidance of $465 to $480, up approximately 9% at the midpoint versus 2024[17, 62] - The company estimates a total tariff impact of approximately $140 million[64] - The company expects to deliver approximately $80 million in Transformation and 80/20 savings in 2025, net of investments[21]

Core Insights - Advantage Solutions Inc. reported a significant decline in revenues and an increase in net loss for the year ended December 31, 2024, while achieving growth in Adjusted EBITDA [2][4][5] - The company is focused on transformation initiatives aimed at enhancing operational efficiencies and capabilities, with expectations for revenue and Adjusted EBITDA growth in 2025 [1][4] Financial Performance - For Q4 2024, total revenues were $892.3 million, a decrease of 10.0% from $991.9 million in Q4 2023, with a net loss of $177.9 million compared to a net loss of $2.7 million [2][3] - For the full year 2024, total revenues were $3,566.3 million, down 8.6% from $3,900.1 million in 2023, with a net loss of $378.4 million compared to a net loss of $81.2 million [2][3] - Adjusted EBITDA for Q4 2024 increased by 8.9% to $94.6 million, and for the full year, it rose by 1.1% to $356.0 million [5][3] Operational Highlights - The company achieved healthy profit performance in 2024 across its Experiential Services and Retailer Services segments while adjusting its Branded Services to align with market demand [5] - Advantage Solutions executed disciplined capital allocation strategies, including voluntary debt repurchases and share buybacks totaling approximately $158 million and $34 million, respectively [5] Future Outlook - Management anticipates growth in revenues and Adjusted EBITDA in 2025, indicating a positive outlook for the company's operational strategies and market positioning [1][4]