Overview

• US retail solutions agency's Q1 revenue rose 5.8% year-over-year

• Adjusted EBITDA for Q1 grew 16.4%, driven by Experiential and Retailer Services

• Company reaffirmed 2026 guidance for revenue, adjusted EBITDA and cash flow

Outlook

• Advantage Solutions expects 2026 revenues to be flat to up low single digits

• Company sees 2026 adjusted EBITDA flat to down mid single digits

Result Drivers

• EXPERIENTIAL SERVICES GROWTH - Experiential Services delivered strong growth, driven by higher event volumes and improved execution rates

• RETAILER SERVICES PROFITABILITY - Retailer Services' revenues and Adjusted EBITDA grew, supported by new business wins, pricing, and program ramps

• CENTRALIZED LABOR MODEL - Implementation of a centralized labor model continued to enhance execution, productivity, and margins

Company press release: ID:nGNX2pwPnL

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue	Beat	$869.60 mln	$832.10 mln (1 Analyst)

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the advertising & marketing peer group is "buy"

• Wall Street's median 12-month price target for Advantage Solutions Inc is $28.13, about 25.6% below its May 5 closing price of $37.78

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 4 three months ago

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