Advantage Solutions (NASDAQ:ADV) Issues Quarterly Earnings Results

Posted by Brenda Bartman on Aug 7th, 2026

Advantage Solutions (NASDAQ:ADV – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($4.85) earnings per share for the quarter, missing the consensus estimate of ($0.43) by ($4.42), FiscalAI reports. Advantage Solutions had a negative return on equity of 44.44% and a negative net margin of 7.65%.The firm had revenue of $889.45 million for the quarter, compared to the consensus estimate of $887.30 million.

Here are the key takeaways from Advantage Solutions’ conference call:

Second-quarter profitability declined: Net revenue rose 3% year over year to $757 million, but Adjusted EBITDA fell 12% to $76 million, reflecting divestitures, business mix, and segment-specific execution costs.
Experiential Services remained the strongest growth driver, with revenue up 19%, Adjusted EBITDA up 32%, and event volumes up 18%; management expects continued momentum in the second half and sees durable demand for product demonstrations.
Branded Services remained under pressure, with revenue down 13% and Adjusted EBITDA down 36% as a result of constrained CPG spending, client insourcing, and customer losses. Management expects only modest improvement in the second half of 2026.
Retailer Services is expected to improve sequentially as larger projects ramp, although second-quarter Adjusted EBITDA fell approximately 25% because of project timing, a difficult comparison, and higher execution costs.
The company reiterated full-year revenue, Adjusted EBITDA, and free cash flow guidance, including $250 million to $275 million of Adjusted Unlevered Free Cash Flow. Management expects working-capital pressure from the final SAP implementation to ease and plans to direct most free cash flow toward debt reduction.

Advantage Solutions Stock Down 23.3%

NASDAQ:ADV opened at $25.34 on Friday. Advantage Solutions has a one year low of $12.23 and a one year high of $53.63. The company has a debt-to-equity ratio of 3.18, a current ratio of 1.95 and a quick ratio of 1.95. The company has a market cap of $337.02 million, a PE ratio of -1.19 and a beta of 2.18. The firm’s 50 day simple moving average is $38.74 and its 200 day simple moving average is $29.83.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Morgan Stanley reduced their price target on shares of Advantage Solutions from $35.00 to $34.00 and set an “equal weight” rating on the stock in a research report on Thursday. Canaccord Genuity Group upped their price objective on Advantage Solutions from $37.50 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research raised shares of Advantage Solutions from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Advantage Solutions in a report on Monday. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $42.00.

Get Our Latest Analysis on Advantage Solutions

Insider Transactions at Advantage Solutions

In related news, CEO David A. Peacock purchased 800 shares of Advantage Solutions stock in a transaction on Monday, May 18th. The shares were purchased at an average price of $34.60 per share, for a total transaction of $27,680.00. Following the transaction, the chief executive officer owned 216,364 shares of the company’s stock, valued at approximately $7,486,194.40. This represents a 0.37% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. 9.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Advantage Solutions

Several institutional investors and hedge funds have recently made changes to their positions in ADV. Creative Planning acquired a new position in Advantage Solutions in the second quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Advantage Solutions in the 2nd quarter valued at $31,000. Two Sigma Investments LP bought a new stake in shares of Advantage Solutions in the 3rd quarter valued at $35,000. Virtu Financial LLC acquired a new position in shares of Advantage Solutions during the 3rd quarter valued at $36,000. Finally, Voleon Capital Management LP bought a new position in Advantage Solutions during the third quarter worth $36,000. Institutional investors own 49.82% of the company’s stock.

Advantage Solutions Company Profile

(Get Free Report)

Advantage Solutions is a leading sales and marketing agency that provides outsourced solutions to consumer packaged goods companies. The firm’s offerings include field sales execution, retail merchandising, in-store and shopper marketing, e-commerce activation and data-driven analytics. By deploying dedicated sales teams alongside proprietary technology, Advantage Solutions helps brands optimize shelf placement, ensure compliance with promotional programs and strengthen consumer engagement.

The company’s service portfolio spans field sales and marketing, retail execution, brand ambassador programs, digital and experiential promotions, and shopper insights.