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Advantage Solutions (ADV) has provided an update.
Advantage Solutions Inc. is realigning its business structure to better focus on its core strategies, leading to the introduction of three new reportable segments: Branded Services, Experiential Services, and Retailer Services, each offering specialized marketing and sales services to manufacturers and retailers. The company has provided recast historical financial data to aid investors in understanding the impact of this reorganization. Additionally, certain businesses have been reclassified as discontinued operations, streamlining the company’s focus and reflecting these changes in its financial reporting.
For a thorough assessment of ADV stock, go to TipRanks’ Stock Analysis page.