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.

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MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a global leader in designing, manufacturing, and marketing solutions that help create a cleaner, safer, and healthier world, today announced a refreshed approach to its corporate giving strategy. With a strong commitment to driving positive change in the communities it serves, Tennant's updated giving efforts align with its Thriving People. Healthy Planet. sustainability framework and will focus on three key areas: workforce development.

Tennant Company Announces New Approach to Corporate Giving and 2024 Habitat for Humanity Carter Work Project Sponsorship

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of its new T291 small walk-behind scrubber into the North America market. Designed for use in both hard-to-reach spaces and open areas, the T291 is a walk-behind scrubber built to simplify and improve facility management by combining cleaning power and maneuverability. The T291's versatility and small size make it an excellent fit for mid-size retail, healthc.

Tennant Company Launches the T291 Small Walk-Behind Scrubber for Exceptional Cleaning and Ease of Use in Small Spaces

Tennant is a global leader in the mechanized cleaning equipment niche. Its ambitions to bring autonomous mobile robots to the masses could extend this leadership position.

1 Magnificent Dividend King Down 25% to Buy Right Now Near a Once-in-a-Decade Valuation

MINNEAPOLIS--(BUSINESS WIRE)--As a global leader in the floor cleaning industry, Tennant Company (NYSE: TNC) has worked with thousands of cleaning professionals and has seen their hard work and community impact first-hand. And that is why Tennant set out with a single goal — to celebrate and recognize the dedication of cleaning staff through the launch of the Cleaning All-Star Sweepstakes. The new sweepstakes will recognize cleaning professionals from all types of facilities who make a differen.

Tennant Company Launches Cleaning All-Star Sweepstakes to Celebrate Custodial Heroes of Everyday Spaces

Tennant Company is upgraded from 'hold' to a soft 'buy' due to improved financial performance and favorable market conditions. The firm has a significant market share in its niche cleaning equipment industry, with strong positions in the Americas, EMEA, and Asia Pacific. Recent financial results show increased revenue, adjusted net profits, and EBITDA, despite some cost increases and a dip in operating cash flow.

Tennant Company Should Clean Up Nicely

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Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Commercial Scrubbers and Sweepers Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The global commercial scrubbers and sweepers market is expected to grow at a CAGR of 8.15% from 2023 to 2029. MARKET TRENDS & DRIVERS

Commercial Scrubbers and Sweepers Market Forecast Report 2024-2029 - Nilfisk, Tennant, Alfred Karcher and HAKO Dominate

Tennant Company (NYSE:TNC ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Lorenzo Bassi - Vice President, Finance & Investor Relations Dave Huml - President & Chief Executive Officer Fay West - Senior Vice President & Chief Financial Officer Conference Call Participants Operator Good morning. My name is Karen, and I'll be your conference operator today.

Tennant Company (TNC) Q2 2024 Earnings Call Transcript

Tennant (TNC) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.86 per share a year ago.

Tennant (TNC) Q2 Earnings and Revenues Beat Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended June 30, 2024. (In millions, except per share data) Three Months Ended June 30,   2024   2023   Increase / (Decrease) Net sales $ 331.0     $ 321.7     2.9 % Net income $ 27.9     $ 31.3     (10.9 )% Diluted EPS $ 1.45     $ 1.68     (13.7 )%             Adjusted diluted EPS $ 1.83     $ 1.86     (1.6 )% Adjusted EBITDA $ 58.6     $ 57.6     1.7 % Adj.

Tennant Company Reports Second Quarter 2024 Results

CANTON, Mass.--(BUSINESS WIRE)--MEDITECH today announced the introduction of Traverse Exchange, an advanced nationwide health information exchange network for US customers. Built on the same foundation as MEDITECH's successful Traverse Exchange Canada solution, this new private network will enable participating MEDITECH customers to share health data seamlessly and securely with one another as well as with organizations using other vendor EHRs and exchange networks that comply with interoperabi.

MEDITECH Introduces Traverse Exchange Interoperability Network for US Market

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.28 per share payable September 16, 2024, to shareholders of record at the close of business on August 30, 2024. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer and healthier world. Its products include equipment for m.

Tennant Company Declares Regular Quarterly Cash Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its second quarter 2024 financial results before the market opens on Thursday, August 8, 2024, with a conference call to follow at 10:00 a.m. Eastern Time/9 a.m. Central Time. The conference call will be webcast and can be accessed on the company's website at investors.tennantco.com. A replay of the webcast and accompanying slides will be available on the company's website. Company Profile Fou.

Tennant Company to Report Second Quarter 2024 Results on August 8, 2024

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Tennant (TNC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Tennant (TNC) Upgraded to Strong Buy: Here's Why

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC),, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its annual Sustainability Report. The report, detailing achievements for the 2023 fiscal year, also marks the first year of reporting on the company's Thriving People. Healthy Planet. sustainability framework. “Our Thriving People. Healthy Planet. framework is rooted in our daily activity to integrate sustainability into e.

Tennant Company Publishes 2024 (FY23) Sustainability Report

After losing some value lately, a hammer chart pattern has been formed for Tennant (TNC), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Tennant (TNC) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Tennant (TNC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -11.49% in 4 Weeks, Here's Why Tennant (TNC) Looks Ripe for a Turnaround

Graco

MINNEAPOLIS--(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 appointment of Mark W. Sheahan, President and Chief Executive Officer of Graco Inc. (NYSE: GGG), to the Tennant Company Board of Directors, effective May 15, 2024. Mr. Sheahan is the CEO of Graco Inc., a global manufacturer of products and solutions for the management of fluids and coatings. With nearly three decade.

Tennant Company Appoints New Board Member

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the grand-prize winner in its 2023-2024 Custodians Are Key program. From a field of more than 1,700 nominations and 12 finalists, Izet S., a custodian at Saint Ambrose on the Hill Catholic School in Missouri, won the top prize. A celebration at the school took place on Friday, May 10, 2024, where Tennant honored the winn.

Tennant Company Announces Grand Prize Winner in Fifth Annual Custodians Are Key Program

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) is hosting an Investor Day with financial analysts and institutional investors today, May 13, 2024, at 9:00 a.m. ET. During the event, Tennant management will discuss its business, strategic direction and growth outlook. There will also be a live question-and-answer session following the prepared remarks. Among the presenters will be: Dave Huml, President and Chief Executive Officer Rusty Zay, Senior Vice Pre.

Tennant Company Hosting Investor Day at NYSE

Down -11.68% in 4 Weeks, Here's Why You Should You Buy the Dip in Tennant (TNC)

Tennant Company (NYSE:TNC ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Lorenzo Bassi - Vice President-Finance and Investor Relations Dave Huml - President and Chief Executive Officer Fay West - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Ferazani - Sidoti Tim Moore - EF Hutton Operator Good morning. My name is Pam and I will be your conference operator today.

Tennant Company (TNC) Q1 2024 Earnings Call Transcript

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today announced it has made changes to its senior leadership team to support its enterprise growth strategy. Barb Balinski will provide dedicated executive oversight to the Company's business process transformation initiative as the Company's Senior Vice President, Chief Transformation Officer; Pat Schottler will move.

Tennant Company Announces Senior Leadership Updates to Direct ERP Transformation and Drive Product Innovation

Tennant (TNC) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.45 per share a year ago.

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