reports
Tennant Company Introduces Lithium-Ion-Powered T12 and T16 Scrubbers
MINNEAPOLIS--(BUSINESS WIRE)-- (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 and scrubbers. This product innovation will support customers' productivity & sustainability goals. This press release features multimedia. View the full release here: Credit: Tennant Company “With the addition of lithium-ion battery technology, the T12 and T16 scrubbers deliver trusted Tennant performance with significant added benefits, including extended battery ...
Tennant Company Reports Third Quarter 2024 Results
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 ...
Tennant Company Increases Dividend
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 solid free cash flow position enable us to consistently grow our dividend and return capital to shareho...
Tennant Company to Report Third Quarter 2024 Results
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 . A replay of the webcast and accompanying slides will be available on the company’s website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in...
Tennant Company Announces New Approach to Corporate Giving and 2024 Ha...
MINNEAPOLIS--(BUSINESS WIRE)-- (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, environmental sustainability, and fostering vibrant communities and shared spaces. “As a company with a long lega...
Tennant Company Launches the T291 Small Walk-Behind Scrubber for Excep...
MINNEAPOLIS--(BUSINESS WIRE)-- (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, healthcare, and education environments. Operators will not only see a difference in the quality of their cleaning but also ...
Tennant Company Launches Cleaning All-Star Sweepstakes to Celebrate Cu...
MINNEAPOLIS--(BUSINESS WIRE)-- As a global leader in the floor cleaning industry, (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 difference by cleaning manufacturing plants, schools, retail stores, warehouses, hospitals, and more. This press release fe...
- Dave Nicoski
- Ross LaDuke
Vermilion Short Shots: Technically Vulnerable Stocks
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
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Tennant Company Reports Second Quarter 2024 Results
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 $ ...
Tennant Company Declares Regular Quarterly Cash Dividend
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 maintaining surfaces in industrial, commercial and outdoor environments; detergent-free and other...
Tennant Company to Report Second Quarter 2024 Results on August 8, 202...
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 . A replay of the webcast and accompanying slides will be available on the company’s website. Company Profile Founded in 1870, Tennant Company (TNC), headquartered in Eden Prairie, Minnesota, is a world leader in the design, manufac...
Tennant Company Publishes 2024 (FY23) Sustainability Report
MINNEAPOLIS--(BUSINESS WIRE)-- (NYSE: TNC),, a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, has released its . 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 every aspect of our business,” said President and CEO Dave Huml. “We’re proud of the work we’ve accomplished and of the bold goals we’ve set – ...
Tennant Company Appoints New Board Member
MINNEAPOLIS--(BUSINESS WIRE)-- (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 decades of experience leading high-performing organizations and serving on boards, he has expertise in global manufactu...
Tennant Company Announces Grand Prize Winner in Fifth Annual Custodian...
MINNEAPOLIS--(BUSINESS WIRE)-- (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 winning custodian and school with a $15,000 prize package. This press release features multimedia. View the full releas...
Tennant Company Hosting Investor Day at NYSE
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 President, Chief Commercial Officer Pat Schottler, Senior Vice President, Chief Marketing an...
Tennant Company Announces Senior Leadership Updates to Direct ERP Tran...
MINNEAPOLIS--(BUSINESS WIRE)-- (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 into a new role focused on product innovation and disruptive technologies as the Company’s Senior Vice President, ...
Tennant Company lance l'expansion internationale de la gamme de produi...
MINNEAPOLIS--(BUSINESS WIRE)-- (NYSE : TNC), un chef de file mondial de la conception, la fabrication et la commercialisation de solutions pour réinventer la façon nettoyer, annonce aujourd'hui le lancement des produits de lavage i-mop® Lite et i-mop ® XL Plus sous la marque Tennant sur les marchés du Brésil, de la France, du Portugal et de l'Espagne. L'i-mop est une solution innovante et mécanisée offrant un nettoyage plus efficace que l'approche conventionnelle avec serpillière et seau. L’expansion internationale de la gamme de produits i-mop de la marque Tennant représente une expansion du...
Tennant Company Reports First Quarter 2024 Results
MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its financial results for the quarter ended March 31, 2024. (In millions, except per share data) Three Months Ended March 31, 2024 2023 Increase Net sales $ 311.0 $ 305.8 1.7 % Net income $ 28.4 $ 24.3 16.9 % Diluted EPS $ 1.49 $ 1.30 ...
Tennant Company Launches International Expansion of the i-mop Family o...
MINNEAPOLIS--(BUSINESS WIRE)-- (NYSE: TNC), a world leader in designing, manufacturing, and marketing solutions to reinvent how the world cleans, today announced the launch of the Tennant-branded i-mop® Lite and i-mop® XL Plus scrubber products into the markets of Brazil, France, Portugal, and Spain. The i-mop is an innovative, mechanized solution providing a more effective and efficient clean in place of conventional mop-and-bucket cleaning. The international expansion of the Tennant-branded i-mop family of products represents an expansion of Tennant Company’s partnership with i-team Global,...
Tennant Company Declares Regular Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)-- Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.28 per share payable June 14, 2024, to shareholders of record at the close of business on May 31, 2024. Company Profile Founded in 1870, Tennant Company (NYSE: 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 innovative products include equipment for maintaining surfaces in industrial, commercial and outdoor environments; detergent-free ...
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