earnings
confidence high
sentiment negative
materiality 0.80
Tennant Q1 revenue down 6.8% to $290M; diluted EPS $0.69 vs $1.49; reaffirms guidance
TENNANT CO
2025-Q1 EPS reported
$0.69
revenue$290,000,000
- Net sales $290M, down 6.8% YoY (organic -5.0%), lapping a $50M backlog-reduction benefit in prior year.
- Diluted EPS $0.69; adjusted diluted EPS $1.12, down 38.1% YoY; Adjusted EBITDA $41M, margin 14.1%.
- Order rates increased 13% vs Q1 2024, marking fourth consecutive quarter above long-term targets.
- Returned $25.8M to shareholders: $5.6M in dividends and $20.2M in share repurchases (235,866 shares).
- Reaffirmed full-year 2025 guidance; actively mitigating tariff impacts via supply-chain actions and pricing.