Advantage Solutions reports Q4 adj. EBITDA $112.7M vs. $154M last year

Reports Q4 revenue $1.10B , consensus $1.07B.The year-over-year increase in revenues was driven by $36.3 million of growth in the marketing segment and $33.9 million of growth in the sales segment . Fourth quarter growth in the marketing segment was driven primarily by the continued recovery of our in-store sampling and demonstration services, partially offset by a decrease in media spend by certain clients. The fourth quarter growth in the sales segment was driven by an increase in retail merchandising services and international businesses, partially offset by a decrease in third-party reselling services.