Tennant

Tennant Co. engages in the design, manufacture, and marketing of cleaning solutions. Its products include equipment for maintaining surfaces in industrial, commercial, and outdoor environments, detergent-free and other sustainable cleaning technologies, cleaning tools and supplies, and coatings for protecting, repairing and upgrading surfaces. It operates through the following geographic segments: North America, Latin America, Europe, Middle East, Africa and Asia Pacific. The company was founded by George Henry Tennant in 1870 and is headquartered in Eden Prairie, MN.

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Tennant reports record Q4 revenues and optimistic outlook for 2023

Tennant Company's strong financial performance in Q4 2022 and full year 2022, coupled with a positive outlook for 2023, position it well for continued success. While challenges exist in monitoring demand patterns and supply chain dependencies, opportunities in pricing strategies, sustainability goals, and new product launches provide avenues for growth.

Tennant reports record Q1 sales, reaffirms guidance amid sustainability focus

Tennant's Q1 2023 performance reflects strong sales growth, margin recovery, and a commitment to sustainability, positioning the company for continued success.
Despite challenges in pricing strategies and sustainability goals, Tennant's financial discipline and operational efficiency remain key strengths.
Opportunities in reshoring activities, sustainability-driven customer conversations, and market expansion present avenues for future growth and differentiation.

Tennant (TNC) reports record Q2 sales and raises full-year guidance

Tennant's Q2 performance reflects strong sales growth, improved financial metrics, and a focus on sustainability. Despite supply chain challenges, the company is optimistic about future opportunities, including expanding its product portfolio and enhancing its M&A strategy.

Tennant (TNC) achieves record Q3 results, sets sights on growth

Tennant's Q3 performance reflects strong results, meeting key financial targets and increasing guidance, showcasing operational efficiency and growth potential.
While challenges like backlog management and market dynamics exist, opportunities in growth strategies, supply chain improvements, and product expansion are promising.
Investors are invited to an Investor Day in spring 2024, indicating transparency and engagement with stakeholders for future growth plans.
Overall, Tennant's strategic focus on growth, profitability, and sustainability positions the company well for future success in the industrial market.

Tennant reports record highs in Q4 2023, unveils growth strategy

Tennant Company's Q4 2023 Earnings Call highlighted strong financial performance, strategic initiatives for growth, and a focus on innovation and talent retention. Despite challenges, Tennant remains resilient and aims to capitalize on opportunities in advanced technology and service offerings.

Tennant reports robust Q1 earnings, eyes international growth opportunities

Tennant Company delivered strong Q1 results, highlighting regional variations in performance. Despite challenges in certain regions, the company's enterprise strategy and new product launches demonstrate resilience and growth potential. Analyst inquiries and management's confidence signal a proactive approach to addressing key operational areas.

Tennant reports solid Q3 results, eyes growth amid regional challenges

Tennant Company's Q3 performance reflects global sales growth and strategic initiatives driving positive results.
While facing challenges in APAC and EMEA, Tennant's focus on innovation and market strategies presents opportunities for future growth.
Analysts' inquiries into key operational areas demonstrate a keen interest in Tennant's performance and strategic direction.

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Tennant (TNC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Tennant (TNC) a Solid Growth Stock? 3 Reasons to Think " Yes "

Tennant Company (TNC) CEO Chris Killingstad on Q4 2020 Results - Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--Second bullet point under "2021 Business Outlook" should read: Full-year reported GAAP earnings in the range of $2.50 to $2.95 per diluted share (instead of Full-year reported GAAP earnings in the range of $3.30 to $3.75 per diluted share). The updated release reads: TENNANT COMPANY REPORTS 2020 FULL-YEAR AND FOURTH-QUARTER RESULTS Full-year net sales of $1.0 billion Full-year GAAP net income of $33.7 million, or adjusted EBITDA of 11.9 percent of sales Fourth-quar

CORRECTING and REPLACING Tennant Company Reports 2020 Full-Year and Fourth-Quarter Results

Tennant (TNC) delivered earnings and revenue surprises of -4.00% and 0.37%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Tennant (TNC) Q4 Earnings Miss Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today reported its fourth-quarter and full-year results for 2020. 2020 Full-Year Highlights For full year 2020, net sales totaled $1.0 billion, compared with $1.14 billion for 2019, reflecting the global economic slowdown resulting from the COVID-19 pandemic. Net income for full year 2020 was $33.7 million

Tennant Company Reports 2020 Full-Year and Fourth-Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions to reinvent how the world cleans, today announced the launch of its newest and largest autonomous floor cleaning machine, the T16AMR Robotic Floor Scrubber. This industrial-grade automated scrubber is the third AMR in Tennant's lineup and the industry's first AMR built on an industrial scrubber platform. It's ideal for logistics and manufacturing facilities – allowing

Tennant Company Debuts Industry's First Robotic Floor Scrubber for Industrial Applications: The T16AMR for Logistics and Manufacturing Facilities

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) announced today that the company will report its 2020 fourth quarter and full year results on Thursday, February 25, 2021. The company will conduct a conference call to discuss the results at 10:00 a.m. Central Time on February 25. The company's earnings release will be issued before the call and will be posted at investors.tennantco.com under News and Events, Press Releases. To listen to the live call and view the accompanying slide pre

Tennant Company to Webcast Fourth Quarter Conference Call

MNNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions to reinvent how the world cleans, today announced the launch of a suite of commercial floor scrubbers to the North American market that reduce the cost to clean with simple operation and dependable scrubbing performance. The T290 and T390 Walk-Behind Scrubbers and the T581 Micro-Rider Scrubber provide core functionality at a competitive price and expand Tennant's curren

Tennant Company Launches New Commercial Floor Scrubbers

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MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced the Company has completed a sale of its coatings business, Tennant Coatings, to The Sherwin-Williams Company (NYSE: SHW). “The sale of Tennant's coatings business is our latest move in the ongoing implementation of our enterprise strategy—specifically, winning where we have competitive adva

Tennant Company Completes Sale of Coatings Business

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced a succession plan in which Chief Operating Officer Dave Huml will become chief executive officer on March 1, 2021, and will join the Company's board of directors. Current CEO Chris Killingstad will serve as a strategic advisor until the end of 2021. Senior Vice President of Technology and I

Tennant Company Announces Senior Leadership Transition

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Tennant Company (TNC) CEO Chris Killingstad on Q3 2020 Results - Earnings Call Transcript

Tennant (TNC) delivered earnings and revenue surprises of 104.55% and 9.77%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Tennant (TNC) Beats Q3 Earnings and Revenue Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world, today reported its third-quarter 2020 results. Tennant Company reported net sales of $261.9 million for the 2020 third quarter, representing a 7.1 percent organic decrease year over year, primarily due to the global business slowdown resulting from the coronavirus pandemic. Net income for the third quar

Tennant Company Reports 2020 Third-Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today authorized a 5 percent increase in the company's quarterly cash dividend to 23 cents per share. The increased dividend is payable December 15, 2020, to shareholders of record at the close of business on November 30, 2020. As a result, 2020 marks the 49th consecutive year that the company has increased its annual cash dividend payout. Commenting on the new authorization, Chris Killingstad, Tennant Company's president an

Tennant Company Board Authorizes 5 Percent Quarterly Dividend Increase

Tennant (TNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Tennant (TNC) Q3 Earnings Expected to Decline

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE:TNC), a world leader in designing, manufacturing and marketing of solutions to reinvent how the world cleans, is pleased to announce the appointment of Daniel E. Glusick to the position of Senior Vice President of Global Operations, effective November 2, 2020. Dan brings more than 25 years of global operations leadership experience to Tennant Company. He joins us from The Vollrath Company, where he served as the Senior Vice President of Operat

Dan Glusick Joins Tennant Company as SVP, Global Operations

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing and marketing of solutions to reinvent how the world cleans, today announced the launch of its newest autonomous floor cleaning machine, the T380AMR Robotic Floor Scrubber. The T380AMR’s smaller size enhances maneuverability and responsive navigation in tight areas, leading to maximum productivity. The new robotic floor scrubber is ideal for customers with narrow spaces or layouts that may have

Tennant Company Debuts Newest Robotic Floor Scrubber, the T380AMR; Smaller Size Allows Increased Maneuverability for Tight Areas

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (“Tennant”) (NYSE: TNC), a world-leading innovator of high-quality floor cleaning equipment that incorporates leading-edge technologies including robotics and detergent-free electrolyzed water cleaning, recognizes its 150th anniversary of business. This year also marks the introduction of the new Tennant Company global headquarters campus, located in Eden Prairie, Minnesota. George H. Tennant began his business in Minnesota in 1870, originally opera

Tennant Company Celebrates 150th Anniversary

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Tennant Company (TNC) CEO Chris Killingstad on Q2 2020 Results - Earnings Call Transcript

News for Tennant Stock (TNC)