Advantage Solutions
key messages delivered solid second quarter financial results as reopening continues raising our adjusted guidance to a range of to million despite covid uncertainty seeing steady recovery in businesses most impacted by covid with sampling events up in june seeing elevated at home consumer goods demand volume and price seeing higher growth higher margin services that scaled during covid sustain their strength accelerating acquisition and new business pipelines coming out of the pandemic investing to stand up tens of thousands of new associates in a still constrained labor environment investing through the in trade promotion optimization and sampling innovation | Advantage Solutions
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Sector
Industry
Deck date
August 2021
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3 of 14
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Results
November 2021
key messages delivered healthy financial results through the third quarter as reopening continued affirming adjusted guidance of to million despite a dynamic operating environment taking pricing in a majority of our businesses most impacted by part time labor wage inflation with hikes of mid to high single digits seeing continued steady recovery in businesses most impacted by covid with sampling events up seeing continued elevated at home consumer goods demand supported by steady volume and rising prices seeing sustained strength in higher growth higher margin digital services investing in recruiting and retention to stand up tens of thousands of new associates and expecting that to persist investing through the in trade promotion optimization and service innovation completing tuck in acquisitions to add capabilities at attractive returns pursuing organic growth with a robust new business pipeline coming out of the pandemic announcing an open ended share repurchase program of up to million | Advantage Solutions
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