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, a leading cleaning equipment manufacturer, has strong margins, impressive growth, and a robust balance sheet, but currently appears slightly overvalued. The company benefits from trends like AI and robotics, with significant service revenue and potential for growth in autonomous cleaning equipment. Tennant outperforms competitors like Nilfisk, with higher margins, better returns, and lower debt, making it a stronger investment despite higher valuation.

Tennant: A Hidden Champion Of Autonomous Robots Pays Growing Dividends

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 release of lithium-ion battery-powered versions of its popular T12 and T16 scrubbers. This product innovation will support customers' productivity & sustainability goals. “With the addition of lithium-ion battery technology, the T12 and T16 scrubbers deliver trusted Tennant performance with significant added bene.

Tennant Company Introduces Lithium-Ion-Powered T12 and T16 Scrubbers

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Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) is expanding its operations into Australia with the all-share acquisition of the outstanding 92% of shares in Tennant Consolidated (TCMG), the developer of a gold project in Northern Territory. South Africa-based Pan African acquired an 8% stake in TCMG in March for US$3.4 million in cash and taking full ownership will cost $54.2 million.

Pan African expands into Australia with Tennant Creek gold acquisition

Tennant Company (NYSE:TNC ) Q3 2024 Earnings Conference Call November 1, 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 Steve Ferazani - Sidoti Tom Hayes - CL King Aaron Reed - Northcoast Research Operator Good morning. My name is Regina, and I will be your conference operator today.

Tennant Company (TNC) Q3 2024 Earnings Call Transcript

Tennant's future remains bright, even if the market was less than pleased with the company's third-quarter results.

Why Tennant Stock Plunged Today

Tennant (TNC) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.34 per share a year ago.

Tennant (TNC) Tops Q3 Earnings Estimates

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended September 30, 2024.   (In millions, except per share data) Three Months Ended September 30,   Nine Months Ended September 30,   2024   2023   Incr / (Decr)   2024   2023   Incr / (Decr) Net sales $ 315.8     $ 304.7     3.6 %   $ 957.8     $ 932.2     2.7 % Net income $ 20.8     $ 22.9     (9.2 )%   $ 77.1     $ 78.5     (1.8 )% Diluted EPS $ 1.09    .

Tennant Company Reports Third Quarter 2024 Results

MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Tennant Company (NYSE: TNC) today authorized raising the quarterly cash dividend to $0.295 per share, a 5.4% increase. The increased dividend is payable December 16, 2024, to shareholders of record at the close of business on November 29, 2024. “We take pride in our strong dividend legacy and remain committed to delivering long-term value for our shareholders in line with our capital allocation priorities. Our strong balance sheet and soli.

Tennant Company Increases Dividend

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC) today announced that the company will report its third quarter 2024 financial results after the market closes on October 31, 2024, with a conference call to follow at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on Friday, November 1, 2024. 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 websit.

Tennant Company to Report Third Quarter 2024 Results

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.

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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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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

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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.

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