Summary
TNC Chart
Tennant Q2 Earnings Call Highlights
Tennant NYSE: TNC reported second-quarter 2026 sales growth and stronger order activity, but profitability fell below management's expectations as the company faced ERP-related operating inefficiencies, North American parts shortages, inflationary costs and competitive pricing pressure in Europe.
Tennant Company (TNC) Q2 2026 Earnings Call Transcript
Tennant Company (TNC) Q2 2026 Earnings Call Transcript
Tennant (TNC) Lags Q2 Earnings Estimates
Tennant (TNC) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.49 per share a year ago.
Tennant Company Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Curtis Ellergodt Rothschild Investment LLC | 15 | $1,143.99 | $1,095.6 | -$48.39 | -4.23% |
| PER Paul E. Rasmussen SIT INVESTMENT ASSOCIATES Inc. | 2,525 | $221,000 | $167,458 | -$53,542 | -24.23% |
| ARS Adelbert R. Sanchez Deprince Race & Zollo Inc | 183,084 | $14.32M | $12.45M | -$1.87M | -13.06% |
 George Soros Soros Fund Management LLC | 8,540 | $567,056.07 | $585,758.6 | $18,702.53 | 3.3% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 156 | $10,358.4 | $11,526.84 | $1,168.44 | 11.28% |
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Tennant Company Profile
| Machinery Industry | Industrials Sector | David W. Huml CEO | NYSE Exchange | 880345103 CUSIP |
| US Country | 4,484 Employees | 31 Aug 2026 Last Dividend | 26 Jul 2006 Last Split | 3 Mar 1992 IPO Date |
Overview
Tennant Company, headquartered in Eden Prairie, Minnesota, is a global leader in the design, manufacture, and marketing of floor cleaning equipment and solutions. With its subsidiaries, Tennant serves a wide geographical footprint that spans the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Founded in 1870, the company has built a reputation for innovation and quality, offering a comprehensive range of products and services tailored to meet the cleaning needs of a variety of environments, including retail and distribution centers, manufacturing and warehousing facilities, public venues, and more. Recognized for its commitment to sustainable cleaning technologies and business solutions, Tennant caters to the demands of contract cleaners and businesses, leveraging direct sales and service organizations along with a network of authorized distributors.
Products and Services
- Floor Maintenance and Cleaning Equipment: Tennant offers a diverse portfolio of cleaning equipment, including scrubbers, sweepers, and vacuums designed for robust performance and efficiency in maintaining clean floors across various environments.
- Detergent-Free and Sustainable Cleaning Technologies: Innovatively addressing environmental concerns, Tennant provides technologies that reduce or eliminate the need for detergents, underscoring the company’s commitment to sustainability.
- Aftermarket Parts and Consumables: To support the longevity and optimal functioning of its equipment, Tennant supplies a wide range of aftermarket parts and consumables, ensuring customers can maintain their equipment effectively.
- Equipment Maintenance and Repair Services: Recognizing the importance of reliable equipment, Tennant offers comprehensive maintenance and repair services, providing expert care and upkeep for its products.
- Specialty Surface Coatings: Beyond cleaning equipment, Tennant innovates with specialty surface coatings that enhance the durability and appearance of floors, offering added value to customers seeking holistic floor care solutions.
- Asset Management Solutions: Leveraging modern technology, Tennant’s asset management solutions facilitate efficient management of cleaning equipment fleets, optimizing operational productivity and cost-effectiveness.
- Business Solutions: Tennant supports its clients with a range of business solutions, such as financing, rental, and leasing programs tailored to ease the acquisition and utilization of floor cleaning equipment.
- Machine-to-Machine Asset Management Solutions: Advanced machine-to-machine communication technologies offered by Tennant enable real-time monitoring and management of equipment, further enhancing operational efficiency for users.
The company promotes its innovative products under several brands, including Tennant, Nobles, Alfa Uma Empresa Tennant, IRIS, VLX, IPC, Gaomei, and Rongen, as well as private-label brands to address the diverse needs of its global customer base in a variety of settings.
