Advantage Solutions reported second quarter net revenues of $757 million, up 3% year-over-year, while adjusted EBITDA declined 12% to $76 million. Experiential Services revenue grew 19% to $296 million with adjusted EBITDA up 32% to $34 million, driven by an 18% increase in event volumes. Branded Services revenue fell 13% to $224 million and adjusted EBITDA dropped 36% to $22 million, as the recovery is taking longer than expected due to constrained CPG spending and client losses. Retailer Services revenue rose 3% to $237 million but adjusted EBITDA fell about 25% to $20 million, reflecting project timing and higher execution costs. The company reiterated its full year 2026 revenue and adjusted EBITDA guidance ranges and its adjusted unlevered free cash flow outlook of $250 million to $275 million.
Advantage Solutions IncAdjusted EBITDA fell 12% despite revenue growth, with declines in Branded and Retailer Services.
SAP SE