TNC Stock Recent News

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company (NYSE: TNC), a world leader in cleaning equipment and solutions, today announced the launch of the X6 ROVR, its new mid-sized autonomous floor scrubber engineered to clean up to 75,000 square feet per cycle. Expanding on the proven performance of the compact X4 ROVR, the X6 ROVR is designed to meet the scale and complexity of larger commercial and light-industrial environments. The X6 ROVR includes an optional new Tennant XC1 docking station, allowi.

Tennant Company, a global leader in mechanized cleaning, was rated a “Buy” despite mixed financial results and a 7.2% stock decline since last September. Revenue grew by 5.6% year-over-year, but net profits fell due to legal, restructuring, and modernization costs, with EBITDA being the only improving metric. 2025 guidance indicates revenue and profitability declines, but the stock remains relatively undervalued compared to peers, with promising long-term growth opportunities.

Loop Industries supplied 100% recycled, virgin-quality Polyester chips derived from low-value textile waste. Hyosung TNC transformed Loop Polyester chips into high-performance drawn textured yarn.

Tennant Company (NYSE:TNC ) Q4 2024 Earnings Conference Call February 18, 2025 10:00 AM ET Company Participants Lorenzo Bassi - VP, Finance & IR David Huml - President & CEO Fay West - SVP & CFO Conference Call Participants Steve Ferazani - Sidoti Thomas Hayes - CL King Aaron Reed - Northcoast Research Iva Prcela - Northcoast Research Operator Ladies and gentlemen, good morning. My name is Abby, and I will be your conference operator today.

MINNEAPOLIS--(BUSINESS WIRE)--Tennant Company ("Tennant" or the "Company") (NYSE: TNC) today reported its fourth-quarter and full-year financial results for 2024. (In millions, except per share data) Three Months Ended December 31,   Twelve Months Ended December 31,     2024       2023     Incr / (Decr)     2024       2023     Incr / (Decr) Net sales $ 328.9     $ 311.4     5.6 %   $ 1,286.7     $ 1,243.6     3.5 % Net income $ 6.6     $ 31.0     (78.7 )%   $ 83.7     $ 109.5     (23.6 )% Dilut.

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) authorized a new share repurchase program of up to 2,000,000 shares of the Company's common stock, effective February 11, 2025. “The Board's authorization of a 2,000,000 share repurchase program demonstrates our confidence in Tennant's strategic direction and our commitment to returning capital to shareholders,” said Dave Huml, Tennant President and Chief Executive Officer. “This initiative highlights our strong financial po.

MINNEAPOLIS--(BUSINESS WIRE)--Directors of Tennant Company (NYSE: TNC) today declared a regular quarterly cash dividend of $0.295 per share payable March 14, 2025, to shareholders of record at the close of business on February 28, 2025. 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 ma.

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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.