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 (NYSE: TNC) is a manufacturer of cleaning equipment and technologies used in industrial, commercial and outdoor environments, and this news page aggregates its disclosed updates for investors and observers. Company news releases cover topics such as quarterly financial results, dividend declarations, product launches and milestones in robotic cleaning.
Regular earnings announcements provide detail on Tennant’s net sales, net income, adjusted EBITDA and regional performance across the Americas, EMEA and APAC. These releases also discuss factors influencing results, including pricing, volume, product mix, foreign currency and macroeconomic conditions such as tariffs and demand trends. Management commentary often highlights order growth, gross margin dynamics, cost management and the company’s use of non-GAAP measures to evaluate operating performance.
Product-focused news includes introductions like the Z50 Citadel Outdoor Sweeper and the T360 walk-behind scrubber, which illustrate Tennant’s efforts to address specific cleaning needs in industrial sites, municipal settings and high-traffic indoor environments. Other announcements showcase Tennant’s progress in robotic cleaning, including reaching the milestone of selling 10,000 autonomous mobile robot scrubbers and expanding its AMR portfolio.
Dividend and capital allocation updates appear in separate releases, where Tennant reports on regular quarterly cash dividends and long-running patterns of dividend payments and increases. Together, these items give readers insight into how the company balances investment in areas such as ERP modernization and product development with returning capital to shareholders. Investors and researchers can use this news feed to follow Tennant’s financial performance, product evolution and strategic priorities over time.
Tennant Company (NYSE: TNC) reported second-quarter results for 2021, achieving net sales of $279.1 million, a 27.5% organic growth from the previous year. Net income decreased to $9.8 million from $14.3 million, with adjusted diluted EPS at $1.18. Adjusted EBITDA of $35.1 million accounted for 12.6% of sales. Cash flow from operations was $19.4 million, significantly lower than $39.8 million in Q2 2020. The company maintained its full-year guidance, projecting net sales between $1.090 billion and $1.110 billion.
On July 28, 2021, Tennant Company (TNC) announced a quarterly cash dividend of 23 cents per share. This dividend will be payable on September 15, 2021, to shareholders recorded by the close of business on August 31, 2021. Founded in 1870 and based in Eden Prairie, Minnesota, Tennant Company is a leader in designing and manufacturing cleaning solutions, with reported sales of $1.0 billion in 2020 and around 4,300 employees. The company operates globally, selling products directly in 15 countries.
Tennant Company (TNC) is set to report its 2021 second quarter results on August 3, 2021. A conference call will follow at 10:00 a.m. Central Time, where company executives will discuss the financial outcomes. The earnings release will be available before the call on the company's investor website. Tennant, a leader in cleaning solutions since 1870, generated $1.0 billion in sales in 2020 and employs around 4,300 people worldwide, offering products across 15 countries directly and more than 100 through distributors.
Tennant Company (NYSE: TNC) reported a strong first-quarter performance for 2021, with net sales of $263.3 million, up 3.1% year-over-year on an organic basis. Net income surged to $25.7 million ($1.37 per diluted share), compared to $5.2 million ($0.28 per diluted share) in Q1 2020. Adjusted EBITDA increased to $40.7 million, representing 15.5% of sales. Cash flow from operations rose to $18.4 million. Tennant anticipates net sales between $1.090 billion and $1.110 billion for 2021, reflecting a 9-11% organic growth, driven by recovery from pandemic impacts.
Tennant Company (TNC) has declared a quarterly cash dividend of 23 cents per share, scheduled for payment on June 15, 2021, to shareholders recorded by the close of business on May 31, 2021. Founded in 1870 and based in Minneapolis, Tennant is a leader in designing and manufacturing sustainable cleaning solutions. In 2020, the company reported sales of $1.0 billion and employs approximately 4,300 people globally. Its extensive product lineup includes equipment for various environments and focuses on reducing environmental impact.
Tennant Company (NYSE: TNC) will release its first quarter 2021 financial results on May 4, 2021. A conference call to discuss these results is scheduled for 10:00 a.m. Central Time on the same day, with the earnings release available beforehand on investors.tennantco.com. Participants can listen to the live call and view the slides by accessing the website 10 minutes prior. A replay will also be available post-call on the same platform.
Founded in 1870, Tennant is a leader in cleaning solutions, reporting $1.0 billion in sales for 2020.
Tennant Company (NYSE: TNC) announced the appointment of Fay West as its Senior Vice President and Chief Financial Officer, effective April 15. West, who has extensive finance experience, replaces interim CFO Thomas Paulson. CEO Dave Huml praised West’s leadership and background, emphasizing the company's strong position as global markets recover. West’s compensation includes a total grant date fair value of $848,000 in long-term incentive equity awards and a $1.1 million one-time restricted stock unit award, highlighting the company’s commitment to attracting top talent.
Tennant Company (NYSE: TNC) has launched the T16AMR Robotic Floor Scrubber, its largest autonomous cleaning machine to date. Designed for larger facilities, it features a wider scrub path and higher tank capacity, enhancing cleaning efficiency while reducing total ownership costs. The T16AMR operates autonomously without direct control, helping address staff shortages and increased cleaning needs. It includes a lithium-ion power option, eco-friendly cleaning technology, and advanced onboard diagnostics. Units will start shipping in April across the U.S. and Canada.
Tennant Company (TNC), a leader in cleaning solutions, reported sales of $1 billion in 2020 and operates globally with approximately 4,300 employees. The company focuses on sustainable cleaning technologies and has an extensive field service network. Manufacturing facilities are located worldwide, with direct sales in 15 countries and distribution in over 100. Headquartered in Minneapolis, Minnesota, Tennant aims to reduce environmental impact while enhancing cleaning performance. For more details, visit www.tennantco.com.
Tennant Company (NYSE: TNC) has appointed Barb Balinski as Senior Vice President of Innovation and Technology. Previously Vice President of Engineering, Balinski has significantly contributed to the company's success, leading the R&D team responsible for the development of autonomous robot programs. CEO Dave Huml emphasized her role in delivering value and assisting in the company's enterprise strategies for profitable growth. With an extensive background in engineering leadership at Whirlpool and Saturn Corporation, Balinski's expertise is expected to enhance Tennant’s innovation pipeline.