Tennant Q2 net sales $319M (-3.7% YoY), EPS $1.08 adj $1.49, reaffirms 2025 guidance

TENNANT CO

2025-Q2 EPS reported $1.77 revenue$608,600,000

Net sales $318.6M, down 3.7% YoY; diluted EPS $1.08 (adj $1.49); net income $20.2M (-27.6%).
Adjusted EBITDA $51M (16% margin), down 13% YoY from $58.6M.
Order rates grew 4.0% YoY; company cites prior-year backlog benefit as headwind.
Reaffirmed full-year 2025 guidance; tariffs mitigation via supply-chain optimization and pricing.
Returned $19M to shareholders ($5.4M dividends, $13.4M buybacks); launched Z50 Citadel outdoor sweeper.

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