ST. LOUIS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced a strategic alliance with leading retail technology provider Swiftly. The agreement expands Advantage's omnichannel capabilities and allows retailers to own the digital relationship with their shoppers through the integration of Swiftly's innovative retail technology solutions. Through this collaboration, brands can now execu ...

ST. LOUIS, July 31, 2024 (GLOBE NEWSWIRE) -- Advantage Solutions Inc. (NASDAQ:ADV), a leading business solutions provider to consumer goods manufacturers and retailers, today announced it has completed the sale of 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, which was announced in June, are approximately $185 million. Advantage received approximately $130 million in cash at close. As ...

Yauhen Akulich/iStock via Getty Images The following segment was excerpted from this fund letter. Curreen Capital: All positions larger than 5% of the fund Advantage Solutions (ADV) Advantage Solutions works with brands and stores to sell products through stores. The company is one of the largest managers of in-store sampling programs in the U.S. (for example, would you like to try this new brand of: cheese/chips/dip/etc.) Advantage Solutions was a SPAC-merger completed in October 2020. Advantage Soluti ...

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 ...

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 international ...

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 ...

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 ...

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 ...

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 ...

Core Insights - Advantage Solutions Inc. has sold Strong Analytics to OneSix, a move aimed at simplifying its business and focusing on core capabilities [1][2] - The sale is part of Advantage's broader growth acceleration plan, which includes reinvesting proceeds into the business and reducing debt to achieve a net-debt-to-adjusted-EBITDA ratio of less than 3.5 times [2] Company Strategy - The CEO of Advantage Solutions emphasized that this transaction is a step towards sharpening the company's focus on its core capabilities [2] - The company has been actively simplifying its portfolio, which includes recent sales of other non-core assets such as Adlucent and The Data Council [3] Business Operations - Strong Analytics, acquired by Advantage in 2021, provided data science services primarily to industries outside of Advantage's main focus on retail and consumer packaged goods [1] - Advantage Solutions is positioned at the intersection of brands and retailers, offering a range of data- and technology-driven services to enhance sales and marketing efforts [4]