Advantage Solutions Inc. (NASDAQ:ADV) Q1 2022 Earnings Conference Call May 10, 2022 5:00 PM ET

Company Participants

Lasse Glassen - Investor Relations

Jill Griffin - Chief Executive Officer

Brian Stevens - Chief Financial Officer and Chief Operating Officer

Conference Call Participants

Toni Kaplan - Morgan Stanley

Faiza Alwy - Deutsche Bank

Operator

Good afternoon and welcome to Advantage Solutions’ First Quarter 2022 Earnings Conference Call. Today’s call is being recorded and we have allocated 1 hour for prepared remarks and question and answers. At this time, I’d like to turn the conference over to Lasse Glassen from Investor Relations for Advantage. Thank you. You may begin.

Lasse Glassen

Thank you, operator. Thank you everyone for joining us on Advantage Solutions’ 2022 first quarter earnings conference call. On the call with me today are Jill Griffin, Chief Executive Officer; and Brian Stevens, Chief Financial Officer and Chief Operating Officer. After their prepared remarks, we will open the call for a question-and-answer session.

During this call, management may make forward-looking statements within the meaning of Federal Securities laws. These statements are based on management’s current expectation and involve assumptions, risks and uncertainties that are difficult to predict and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Actual outcomes and results could differ materially due to a number of factors, including those described more fully in the sections titled Risk Factors and Management’s Discussion and Analysis of Financial Condition and Results of Operation and elsewhere in the company’s filings with the Securities and Exchange Commission. All forward-looking statements are expressly qualified in their entirety by such factors.

The company does not undertake any duty to update any forward-looking statements, except as required by law. Please note management’s remarks today will highlight certain non-GAAP financial measures. Our earnings release, which was issued earlier today, presents reconciliations of these non-GAAP financial measures to the most comparable GAAP measure, which can be found on the Investors section of our website at advantagesolutions.net. The company has also prepared presentation slides, which are posted on the website. You may want to refer to the slides during today’s call. This call is being webcast and a recording of the call will also be available on the website.

And now I’d like to turn the call over to Jill Griffin.

Jill Griffin

Thanks, Lasse. Good afternoon, everyone. Thank you for joining us to discuss our first quarter results and our first earnings call since becoming CEO on April 1. I am honored and privileged to serve as Advantage Solutions’ CEO. We have many exciting opportunities in front of us, and I look forward to partnering with the Board of Directors, our senior leadership team and our associates around the globe to continue driving profitable growth across the enterprise.