Loading...
•
Jun 30, 2022
Advantage Solutions Q2 2022 Earnings Report
Advantage Solutions' performance was highlighted by a 15.4% year-over-year improvement in revenues, driven largely by the recovery of their in-store sampling and demonstration business.
Key Takeaways
Advantage Solutions reported a 15.4% year-over-year increase in revenues, driven by the recovery of their in-store sampling and demonstration business. The company remained focused on operating the core business and navigating the challenging macroeconomic environment.
Revenues increased by 15.4% year-over-year.
Marketing segment grew by 31% year-over-year, driven by in-store product demonstration and sampling services.
Sales segment grew by 8% year-over-year.
Reiterating fiscal year 2022 Adjusted EBITDA guidance range of $490 million to $510 million.
Forward Guidance
The Company is reiterating its fiscal year 2022 Adjusted EBITDA guidance range of $490 million to $510 million.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...