with more than 40,000 associates generating over $65b in annual sales throughout our over 70 offices, advantage solutions is the premier consumer packaged goods sales and marketing agency, committed to building brand value for our clients and customers. our customized sales and marketing solutions include headquarter sales, retail merchandising and marketing services, specializing in client and customer events, publications and assisted-selling services for the grocery, drugstore, club, convenience, natural/specialty, sporting goods, consumer electronics and home center channels.
Company profile
Ticker
ADV, ADVWW
Exchange
Website
CEO
Tanya Lynn Domier
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Conyers Park II Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Advantage AMP LLC • Advantage Media • Advantage Sales & Marketing Inc. • Advantage Sales & Marketing AZ Inc. • Advantage Sales & Marketing LLC • Advantage CMN LLC • SmallTalk Group • Storeboard Media • The Sunflower Group • U.S. Advantage Sales & Marketing, LLC ...
ADV stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
23 Apr 24
8-K
Entry into a Material Definitive Agreement
17 Apr 24
10-K
2023 FY
Annual report
1 Mar 24
8-K
Advantage Solutions exceeded 2023 financial guidance with solid fourth-quarter performance and expects continued growth in 2024
29 Feb 24
8-K
Other Events
31 Jan 24
8-K
Departure of Directors or Certain Officers
29 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Advantage Solutions announces solid third quarter results that surpass consensus estimates and provides outlook for the remainder of the year
7 Nov 23
8-K
Departure of Directors or Certain Officers
20 Oct 23
8-K
Regulation FD Disclosure
28 Aug 23
Transcripts
ADV
Earnings call transcript
2023 Q4
29 Feb 24
ADV
Earnings call transcript
2023 Q3
7 Nov 23
ADV
Earnings call transcript
2023 Q2
4 Aug 23
ADV
Earnings call transcript
2023 Q1
10 May 23
ADV
Earnings call transcript
2022 Q4
1 Mar 23
ADV
Earnings call transcript
2022 Q3
12 Nov 22
ADV
Earnings call transcript
2022 Q2
14 Aug 22
ADV
Earnings call transcript
2022 Q1
15 May 22
ADV
Earnings call transcript
2021 Q4
2 Mar 22
ADV
Earnings call transcript
2021 Q3
13 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 187.62 mm | 187.62 mm | 187.62 mm | 187.62 mm | 187.62 mm | 187.62 mm |
Cash burn (monthly) | (no burn) | (no burn) | 8.97 mm | 136.55 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 61.87 mm | 941.98 mm | n/a | n/a |
Cash remaining | n/a | n/a | 125.75 mm | -754.36 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | 14.0 | -5.5 | n/a | n/a |
Institutional ownership, Q3 2023
30.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 104 |
Opened positions | 21 |
Closed positions | 9 |
Increased positions | 32 |
Reduced positions | 24 |
13F shares | Current |
---|---|
Total value | 204.24 bn |
Total shares | 97.66 mm |
Total puts | 0.00 |
Total calls | 68.87 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Conyers Park II Sponsor | 18.48 mm | $243.43 mm |
Leonard Green & Partners | 15.45 mm | $43.88 bn |
T. Rowe Price Investment Management | 11.34 mm | $32.20 bn |
Vanguard | 8.23 mm | $23.37 bn |
BLK Blackrock | 6.21 mm | $17.65 bn |
Baupost | 6.15 mm | $17.48 mm |
CastleKnight Management | 3.10 mm | $8.79 bn |
Bain Capital Investors | 2.89 mm | $8.21 bn |
Bridgeway Capital Management | 2.14 mm | $6.07 bn |
Geode Capital Management | 2.13 mm | $6.05 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Apr 24 | Peacock David A | Class A Common Stock | Grant | Acquire A | No | No | 0 | 207,852 | 0.00 | 2,280,396 |
19 Apr 24 | Peacock David A | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 4.33 | 1,447,200 | 6.27 mm | 1,447,200 |
19 Apr 24 | Peacock David A | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 207,852 | 0.00 | 207,852 |
19 Apr 24 | Christopher Growe | Class A Common Stock | Grant | Acquire A | No | No | 0 | 83,140 | 0.00 | 148,256 |
19 Apr 24 | Christopher Growe | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 4.33 | 263,100 | 1.14 mm | 263,100 |
19 Apr 24 | Christopher Growe | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 83,140 | 0.00 | 83,140 |
19 Apr 24 | Jack Anthony Pestello | Class A Common Stock | Grant | Acquire A | No | No | 0 | 69,422 | 0.00 | 215,701 |
19 Apr 24 | Jack Anthony Pestello | Stock Option Class A Common Stock | Grant | Acquire A | No | No | 4.33 | 219,700 | 951.30 k | 219,700 |
19 Apr 24 | Jack Anthony Pestello | RSU Class A Common Stock | Grant | Acquire A | No | No | 0 | 69,422 | 0.00 | 69,422 |
19 Apr 24 | Bevin Conley | Class A Common Stock | Grant | Acquire A | No | No | 0 | 50,438 | 0.00 | 198,725 |
News
12 Communication Services Stocks Moving In Tuesday's Pre-Market Session
26 Mar 24
$1.5M Bet On This Penny Stock? Check Out These 4 Stocks Under $5 Insiders Are Aggressively Buying
11 Mar 24
Advantage Solutions Q4 EPS $0.05 Misses $0.13 Estimate, Sales $1.08B Miss $1.13B Estimate
29 Feb 24
Earnings Scheduled For February 29, 2024
29 Feb 24
Genpact Reveals New Multi-year Engagement With Advantage Solutions; Terms Not Disclosed
31 Jan 24
Press releases
Dirk Herdes, Former Nielsen SVP, Joins Crisp as General Manager and SVP Sales to Lead Northwest Arkansas Operations and Retail Strategy
3 Apr 24
Adlucent Unveils BEACON Application on Google Cloud Marketplace, Expanding Client Solutions
6 Mar 24
Advantage Solutions Announces Date and Conference Call for Fourth Quarter and Full Year 2023 Financial Results
9 Feb 24
Genpact Teams with Advantage Solutions, Leveraging AI to Transform Consumer Goods Operations at Scale
31 Jan 24
Advantage Solutions Further Simplifies Portfolio by Selling Its Collection of Foodservice Businesses to Prospect Hill Growth Partners to Form Acxion Foodservice
31 Jan 24