Tennant CO

Market Movers (8-K)

NYSE
Tennant Company announced that Senior Vice President and CFO Fay West intends to retire in Q2 2027, initiating a search for her successor.
NYSE
Tennant Company announced the appointment of Richard H. (Rusty) Zay as Chief Operating Officer, effective July 1, 2026, with accompanying equity awards.
NYSE
Tennant Company reported Q1 2026 results with net sales increasing 2.7% year-over-year to $297.9 million, driven by pricing and foreign currency, while net income and adjusted diluted EPS saw significant declines due to ERP recovery costs and lower gross margins.
Worse than expected
NYSE
Tennant Company announced that Senior Vice President and Chief Transformation Officer Barb Balinski will retire in September 2026.
NYSE
Tennant Company reported a significant decline in fourth-quarter and full-year 2025 financial results, missing guidance, primarily due to disruptions from its North America ERP system implementation, while issuing a cautious 2026 outlook.
Worse than expected
Delay expected
NYSE
Tennant Company appointed two new independent directors to its Board and entered a cooperation agreement with activist investor Vision One Fund, LP, committing to board declassification.

Quarterly Earnings (10-Q)

NYSE
Tennant Company reported a significant drop in net income for Q1 2026 compared to the prior year, impacted by increased costs and operational disruptions related to ERP system recovery.
Worse than expected
NYSE
Tennant Company reports a decline in net sales and net income for the third quarter and year-to-date 2025, impacted by macroeconomic challenges and increased legal expenses.
Worse than expected
NYSE
Tennant Company reported a decline in net sales and net income for the second quarter and first half of 2025, primarily due to lower sales volumes across all geographies and margin pressures.
Worse than expected
NYSE
Tennant Company's first quarter 2025 net sales decreased by 6.8% compared to the same period in 2024, driven by organic sales decline and unfavorable foreign currency impact.
Worse than expected
NYSE
Tennant Company's Q3 2024 results show a slight increase in net sales but a decrease in net income compared to the same period last year, amidst challenging global economic conditions.
Worse than expected
NYSE
Tennant Company's second quarter results show a slight increase in net sales but a decrease in operating income, influenced by global economic challenges and strategic investments.
Worse than expected

Annual Reports (10-K)

NYSE
Tennant Company reports a 6.5% net sales decrease in 2025 to $1.20 billion, impacted by North American volume declines and ERP implementation disruptions, despite strategic investments in robotics and acquisitions.
Worse than expected
Delay expected
NYSE
Tennant Company's 2024 10-K filing reveals a 3.5% increase in net sales despite macroeconomic headwinds, driven by organic growth and strategic acquisitions.
Worse than expected
NYSE
Tennant Company's 2023 annual report reveals a significant increase in net sales and gross profit, driven by higher prices and increased volume, alongside strategic cost management.
Better than expected

Insider Trading (Form 4)

NYSE
Chief Commercial Officer Richard H. Zay sold 6,875 shares of Tennant Company common stock at a weighted average price of $88.015.
NYSE
Director Azita Arvani was granted 1,490 shares of Tennant Co. common stock on May 7, 2026, as part of a non-employee director restricted stock unit grant.
NYSE
Tennant Co. Director Patrick E. Allen acquired 1,490 shares of common stock through a restricted stock unit grant.
NYSE
Carol S. Eicher, a Director at Tennant Co., was granted 1,490 restricted stock units on May 7, 2026.
NYSE
James T. Glerum Jr., a Director at TENNANT CO (TNC), was granted 1,490 restricted stock units on May 7, 2026.
NYSE
Maria C. Green, a Director at Tennant Co., acquired 1,490 shares of common stock on May 7, 2026, as part of a non-employee director restricted stock unit grant.

Proxy Statements (Def-14A)

NYSE
Tennant Company's latest proxy statement details 2025 operational challenges from an ERP implementation, executive compensation adjustments, and key governance updates ahead of its 2026 Annual Meeting.
Worse than expected
Delay expected
NYSE
Tennant Company's proxy statement announces the 2025 Annual Meeting and details proposals for shareholder voting.
NYSE
Tennant Company's 2025 Annual Meeting of Shareholders will be held virtually on April 29, 2025, to elect directors, ratify the independent accounting firm, and conduct an advisory vote on executive compensation.
NYSE
Tennant Company's annual shareholder meeting will take place on May 1, 2024, featuring proposals including the election of directors, ratification of the auditor, and approval of executive compensation and the amended stock incentive plan.
NYSE
Tennant Company's proxy statement outlines key proposals for the upcoming annual meeting, including the election of directors, ratification of the accounting firm, executive compensation, and approval of an amended stock incentive plan.
Better than expected

Schedule 13G - Passive Investments

NYSE
Mairs and Power, Inc. has disclosed beneficial ownership of 789,895 shares, representing 4.4% of the outstanding common stock of Tennant Company.
NYSE
Vanguard Capital Management has reported beneficial ownership of 5.31% of Tennant Co's common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported a beneficial ownership of 6.64% in Tennant Co. common stock as of March 31, 2026.
NYSE
The Vanguard Group filed an amended Schedule 13G for Tennant Co, reporting 0% beneficial ownership following an internal realignment.
NYSE
Mairs and Power, Inc., an investment adviser, has filed an amended Schedule 13G disclosing a beneficial ownership of 7.57% of Tennant Company's common stock as of March 31, 2025.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 15.0% beneficial ownership stake in Tennant Co's common stock as of March 31, 2025.