Will Johnston's questions to Advantage Solutions Inc (ADV) leadership • Q2 2025
Question
Representing Joe Bass, Will Johnston of Canaccord Genuity asked for more details on resolving the Q1 staffing shortfall, the sustainability of current staffing levels, and how to view the Q3 outlook for Retailer Services given difficult comps and project timing.
Answer
CEO Dave Peacock clarified that the company had no net staffing shortfall in July and that hiring and retention trends are positive. He explained that the challenging Q3 outlook for the Retailer Services segment is not due to staffing but is a result of project timing, with some work shifting from Q3 to Q4, for which the company has good visibility. He also noted that strong hiring has enabled the Experiential segment to meet high demand for demos and achieve better execution rates.