Welcome to our dedicated page for TENNANT news (Ticker: TNC), a resource for investors and traders seeking the latest updates and insights on TENNANT stock.
Tennant Company reports developments in floor-care equipment, cleaning solutions and autonomous professional cleaning robots for industrial, commercial and outdoor environments. News commonly covers launches such as robotic scrubbers and sweepers, sustainable cleaning technologies, cleaning tools and supplies, and the sales and service model that supports customers through direct channels, distributors and field service.
Company updates also include quarterly results, order trends, operational items such as ERP system recovery, robotics partnerships, regular cash dividends and share repurchase authorizations. Tennant’s recurring announcements connect product innovation with capital allocation and the operating performance of a long-established cleaning-equipment manufacturer.
Tennant Company (NYSE:TNC) reported second-quarter 2026 net sales of $324.0 million, up 1.7% year over year, driven by price, acquisitions and foreign exchange, partially offset by a 0.5% organic decline from lower volumes in EMEA and APAC and North America constraints.
Orders rose 6.6% to $339.5 million, lifting backlog to $127 million. Net income fell to $7.6 million and diluted EPS to $0.44, while adjusted EBITDA declined to $35.3 million (10.9% margin) on gross margin compression and S&A deleverage tied to residual ERP inefficiencies and EMEA pricing and volume pressure. Robotics (AMR) sales were about $31 million, up 37% year over year. Operating cash flow was $5.0 million, with cash of $76.9 million and $289.4 million of revolver capacity, and net leverage at 2.0x TTM adjusted EBITDA.
For 2026, Tennant raised net sales guidance to $1.270–$1.310 billion and now expects adjusted EBITDA of $155–$170 million (12.2%–13.0% margin) and adjusted diluted EPS of $3.80–$4.45.
Tennant Company (NYSE:TNC) announced that its board of directors declared a regular quarterly cash dividend of $0.31 per share, payable on September 15, 2026 to shareholders of record as of the close of business on August 31, 2026.
According to Tennant Company, the business generated $1.20 billion in sales in 2025, employs approximately 4,500 people, and operates manufacturing facilities worldwide, selling cleaning equipment and technologies in more than 25 countries directly and via distributors in over 100 countries.
Tennant Company (NYSE:TNC) announced that Senior Vice President and Chief Financial Officer Fay West has given notice of her intention to retire after a successor is hired and a transition period is completed. Her retirement is expected in the second quarter of 2027, but not before April 2, 2027, and the company has begun a search for a new CFO.
According to Tennant Company, management aims to name a replacement by the first quarter of 2027 to allow for an orderly handover. West, who joined in 2021, is credited with leading enterprise growth strategy, M&A, finance oversight and investor engagement. Tennant reported $1.20 billion in 2025 sales and has about 4,500 employees worldwide.
Tennant Company (NYSE: TNC) will release its second quarter 2026 financial results after market close on Wednesday, August 5, 2026. A webcasted conference call will follow at 10:00 a.m. ET / 9:00 a.m. CT on August 6, accessible via investors.tennantco.com, with replay and slides available online.
According to Tennant, the company generated $1.20 billion in 2025 sales, employs about 4,500 people, operates manufacturing sites worldwide and sells in more than 21 countries directly and over 100 countries through distributors.
Tennant Company (NYSE:TNC) appointed Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026. Zay is currently Chief Commercial Officer and has been on the leadership team since 2010.
He will lead global business units, supply chain, manufacturing, R&D, and marketing for the $1.20 billion-revenue cleaning solutions company.
Tennant Company (NYSE:TNC) launched the X2 ROVR SCRUB, its smallest autonomous floor scrubber for tight, high-traffic commercial spaces such as retail, grocery, healthcare, and education.
The X2 expands Tennant’s ROVR robotics portfolio, supporting a goal to introduce 10 new products in two years and grow robotics revenue to $250 million by 2028.
Tennant Company (NYSE: TNC) announced Board authorization of a new repurchase program for up to 2,000,000 shares, effective April 29, 2026, adding to ~560,000 shares remaining under the existing program. Total repurchase capacity is 2,560,000 shares, about 15% of basic shares outstanding.
Tennant has approximately 17,000,000 basic shares outstanding and reported $1.20 billion in sales for 2025. Repurchases may occur via open-market or privately negotiated transactions and will depend on market conditions and corporate considerations.
Tennant Company (NYSE: TNC) reported Q1 2026 results with net sales of $297.9 million (up 2.7% YoY) and orders of $327 million (up 10% YoY). Adjusted EBITDA was $29.1 million (9.8% margin). Net income was $0.2 million; adjusted diluted EPS was $0.58. ERP stabilization progressed during the quarter, operational performance improved sequentially, and the company reaffirmed full-year 2026 guidance.
Liquidity remained strong with $82.6 million cash and $289.3 million unused revolver capacity; ~$60 million of share repurchases were executed year-to-date.
Tennant Company (NYSE: TNC) declared a regular quarterly cash dividend of $0.31 per share, payable June 15, 2026 to shareholders of record at the close of business on May 29, 2026. Tennant reported $1.20 billion in sales for 2025 and has about 4,500 employees.
The company designs and manufactures cleaning equipment and sustainable cleaning technologies, with direct sales in 21+ countries and distribution in over 100 countries.
Tennant Company (NYSE: TNC) will report first quarter 2026 results after market close on May 4, 2026, with a conference call at 10:00 a.m. ET / 9:00 a.m. CT on May 5, 2026. The call will be webcast at investors.tennantco.com; a replay and slides will be posted.
Tennant, headquartered in Eden Prairie, Minnesota, reported $1.20 billion in sales in 2025 and has approximately 4,500 employees, global manufacturing, direct sales in 21+ countries and distribution in 100+ countries.