secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000097134-23-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tennant Q4 net sales $291M (+5.3% YoY); FY 2022 adj. EPS $4.10; guides FY 2023 adj. EPS $3.70-$4.50
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- Full year 2022 net sales $1,092.2M (+0.1% YoY, organic +4.2%); net income $66.3M ($3.55 diluted EPS).
- Q4 2022 net sales $291.0M (+5.3% YoY, organic +9.7%); net income $23.8M ($1.27 diluted EPS).
- Adjusted diluted EPS: FY 2022 $4.10 (down 8.2% YoY); Q4 2022 $1.46 (up 101.5% YoY).
- FY 2023 guidance: net sales $1,115-$1,155M (organic +3-7%); adjusted diluted EPS $3.70-$4.50; adjusted EBITDA $140-$160M.
- Quarterly dividend $0.265/share, payable March 15, 2023; FY 2022 operating cash flow -$25.1M, Q4 generated $13.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000009713423000015/0000097134-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000009713423000015/tnc-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000097134-23-000015

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