secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000097134-24-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tennant Q3 net sales $315.8M (+3.6%), adj. EPS $1.39 (+3.7%); dividend raised 5.4%
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- GAAP diluted EPS $1.09 (-9.9% YoY); adjusted diluted EPS $1.39 (+3.7% YoY).
- Net sales $315.8M, organic growth 2.7% led by Americas (+4.6%) offset by EMEA/APAC declines.
- Quarterly dividend raised 5.4% to $0.295/share; 53rd consecutive annual increase.
- Reaffirmed FY2024 guidance: net sales $1.28-1.305B, adj. EPS $6.15-6.55, adj. EBITDA $205-215M.
- Adjusted EBITDA $47.9M (+4.4%); margin 15.2% vs 15.1% YoY; operating cash flow $30.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000009713424000034/0000097134-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000009713424000034/tnc-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000097134-24-000034

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