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.
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The Board of Directors of Tennant Company (NYSE: TNC) has declared a quarterly cash dividend of $0.265 per share. This dividend is payable on June 15, 2023, to shareholders on record as of May 31, 2023. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant Company generated $1.09 billion in sales in 2022 and employs approximately 4,250 people. The company specializes in cleaning solutions for various environments, including industrial and commercial sectors, and boasts the most extensive global field service network in the industry. Tennant's commitment to sustainable cleaning technologies positions them as a leader in promoting a cleaner and safer world.
Tennant Company (NYSE: TNC) has announced the release of two new compact ride-on sweepers, the S680 and S880, designed for versatile cleaning in various environments. These battery-operated machines cater to light- to medium-duty applications, emphasizing high productivity and maneuverability. Key features of the S680 include user-friendly controls, large hopper capacity, self-leveling systems, and fume-free operation. The S880 is equipped with an automatic filter cleaning system, durable construction, and dual side brushes for enhanced edge cleaning.
Shipments are expected to begin in mid-summer. With these innovations, Tennant aims to provide cleaning professionals with tailored solutions that meet diverse operational needs, reinforcing its position in the cleaning solutions market.
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Tennant Company (NYSE: TNC) will release its 2023 first quarter results on April 28, 2023, with a conference call scheduled at 9:00 a.m. Central Time on the same day. The earnings release will be available before the call and can be accessed at investors.tennantco.com under News and Events, Press Releases.
Participants are encouraged to join the call at least 10 minutes early and may need to download audio software. A recorded replay and presentation slides will also be available at the same website following the event. Founded in 1870 and headquartered in Eden Prairie, Minnesota, Tennant Company specializes in solutions that promote a cleaner, safer environment, reporting over $1.09 billion in sales for 2022.