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Instacart and Advantage Solutions Partner to Give CPGs Real-Time Shelf Visibility at Scale
Globenewswire· 2025-09-29 13:06
Core Insights - Instacart and Advantage Solutions have formed a strategic partnership aimed at enhancing in-store execution for consumer packaged goods (CPGs) companies [3][4] - The collaboration combines Instacart's technology and shopper community with Advantage's retail execution services to provide real-time insights and actionable data [4][5] Group 1: Partnership Overview - The partnership will leverage Instacart's in-store audit capabilities and Advantage's retail execution services to help CPGs quickly identify and address gaps in product availability, pricing, and display execution [4][5] - Instacart's community of approximately 600,000 shoppers will conduct in-store audits, generating insights that trigger alerts for Advantage's field teams to act on high-priority issues [4][5] Group 2: Benefits to CPGs - The integrated approach offers CPGs enhanced visibility into in-store conditions, enabling them to improve compliance, tackle out-of-stock issues, and boost overall performance [5][6] - The partnership aims to create new earning opportunities for Instacart shoppers while providing CPGs with the tools needed to streamline operations and enhance customer experiences [5][6] Group 3: Future Plans - A successful pilot of the partnership has been launched, with plans for expansion in 2026 [6]
Jeff Harsh named new Chief Operating Officer of Advantage Solutions Branded Services business segment
Globenewswire· 2025-08-08 20:30
Group 1 - Advantage Solutions Inc has appointed Jeff Harsh as the new Chief Operating Officer of its Branded Services business segment, effective August 25, 2025 [1][2] - Harsh brings 28 years of experience from The Hershey Company, where he managed multi-billion-dollar businesses and was recognized for initiatives in segmentation, pricing, and route-to-market transformation [2][3] - His expertise in sales planning, omnichannel integration, and operational excellence will be crucial for enhancing the value provided to clients and integrating market-leading technology [3][4] Group 2 - Dean General will transition to a newly established role as Chief Industry Development Officer while remaining on the executive leadership team, focusing on client and retailer engagement strategy [5][6] - The leadership changes aim to enhance the company's ability to deliver value, accelerate innovation, and support clients' evolving needs [6] - Advantage Solutions is positioned as a leading omnichannel retail solutions agency in North America, leveraging data and technology to help brands and retailers generate demand [7]
Advantage Solutions Reports Second Quarter 2025 Results
Globenewswire· 2025-08-07 11:00
Strong profitability growth in Experiential and Retailer Services Advancing transformation initiatives to accelerate AI enablement and improved business insights Expecting improved financial performance and cash generation in the second half of the year Reaffirming 2025 guidance ST. LOUIS, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) ("Advantage," "Advantage Solutions," the "Company," "we," or "our"), a leading business solutions provider to consumer goods manufacturers and retai ...
Advantage Solutions to Participate in The Canaccord Annual Growth Conference on August 12, 2025
Globenewswire· 2025-07-30 19:15
Group 1 - Advantage Solutions Inc. will participate in the Canaccord Genuity 45th Annual Growth Conference in Boston on August 12, 2025, with a live fireside chat featuring CEO Dave Peacock [1] - The webcast of the event will be available on the Advantage Solutions website [1] - For further inquiries, contact Canaccord Genuity representatives [1] Group 2 - Advantage Solutions is the leading omnichannel retail solutions agency in North America, positioned at the intersection of consumer-packaged goods brands and retailers [2] - The company utilizes data- and technology-powered services to help brands and retailers generate demand and distribute products effectively [2] - Advantage Solutions offers a range of services including in-store and online experiences, assortment optimization, and e-commerce acceleration [2] - The company has a presence throughout North America and strategic investments in select international markets [2]
Advantage Solutions Announces Date for its Second Quarter 2025 Financial Results and Conference Call
Globenewswire· 2025-07-25 16:44
Company Overview - Advantage Solutions Inc. is the leading omnichannel retail solutions agency in North America, positioned at the intersection of consumer-packaged goods brands and retailers [4] - The company utilizes data- and technology-powered services to provide insights, expertise, and scale to help brands and retailers generate demand and deliver products to consumers [4] - Advantage Solutions offers services that include optimizing assortment and merchandising, enhancing e-commerce and digital capabilities, and creating meaningful in-store and online experiences [4] Upcoming Financial Results - Advantage Solutions will release its financial results for the second quarter on August 7, 2025, at 7 a.m. EDT [1] - A conference call will follow at 8:30 a.m. EDT on the same day to discuss the results [1] Conference Call Details - The conference call can be accessed by U.S. callers at 1-800-715-9871 and international callers at 1-646-307-1963, with a conference ID of 5720569 [2] - A replay of the call will be available approximately three hours after it concludes, accessible at 1-800-770-2030 for U.S. callers and 1-609-800-9909 for international callers, with playback ID 5720569 [2] - The replay will be available until August 14, 2025 [2] Investor Relations - Interested parties can listen to a simultaneous conference call webcast by visiting the Investor Relations section of the Advantage Solutions website [3] - The online replay will be available for a limited time shortly after the call [3]
Advantage Solutions supports St. Louis in wake of tornado devastation
Globenewswire· 2025-05-19 21:54
Core Points - Advantage Solutions Inc. is providing financial assistance and mobilizing employee volunteers to support recovery efforts after recent tornadoes in St. Louis [1][2] - The company is donating $25,000 to the Urban League of Metropolitan St. Louis for emergency relief efforts [2] - Advantage Solutions is committed to supporting its employees affected by the disaster through grants and access to an Employee Assistance Program [3] Company Initiatives - The support for the Urban League is part of a multi-year partnership that includes the Save Our Sisters Fund, which offers various services to empower women [4] - Advantage Solutions positions itself as a leading omnichannel retail solutions agency in North America, leveraging data and technology to assist brands and retailers [5] Urban League Overview - The Urban League of Metropolitan St. Louis aims to empower African Americans and others in the region, focusing on economic self-reliance and social equality [6]
Advantage Solutions Reports First Quarter 2025 Results
Globenewswire· 2025-05-12 11:00
Supporting clients through a challenging operating environment Continuing to make progress on transformation initiatives that will streamline operations Management lowers guidance to reflect heightened market uncertainty ST. LOUIS, May 12, 2025 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ: ADV) ("Advantage," "Advantage Solutions," the "Company," "we," or "our"), a leading business solutions provider to consumer goods manufacturers and retailers, today reported financial results for the three months ...
Advantage Solutions Announces Date for its First Quarter 2025 Financial Results and Conference Call
Newsfilter· 2025-04-25 15:30
Group 1 - Advantage Solutions Inc. will release its financial results for the first quarter on May 12, 2025, at 7 a.m. EDT, followed by a conference call at 8:30 a.m. EDT [1] - The conference call can be accessed via phone or through a webcast on the company's Investor Relations website [2][3] - The company is a leading omnichannel retail solutions agency in North America, focusing on consumer-packaged goods (CPG) brands and retailers [4] Group 2 - Advantage Solutions utilizes data- and technology-powered services to help brands and retailers generate demand and enhance consumer access to products [4] - The company has a presence throughout North America and strategic investments in select international markets [4]
Advantage Solutions Reports Fourth Quarter and 2024 Results: Transformation Initiatives Continue to Strengthen the Company
Globenewswire· 2025-03-07 12:00
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]