secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2026-08-05T22:41:48+00:00
Accession:  0000097134-26-000022
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tennant Q2 net income falls 62% to $7.6M; adjusted EBITDA margin drops to 10.9%
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- Net sales $324M (+1.7% YoY); orders $339.5M (+6.6%) building backlog to $127M.
- GAAP diluted EPS $0.44 vs $1.08 prior year; adjusted diluted EPS $0.83 vs $1.49.
- Adjusted EBITDA $35.3M (10.9% margin) down from $51M (16.0%) on ERP inefficiencies and EMEA pressure.
- AMR sales ~$31M (+37% YoY); company targets $250M AMR revenue by 2028.
- Full-year guidance: net sales raised to $1.27-1.31B; adjusted EBITDA lowered to $155-170M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000009713426000022/0000097134-26-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000009713426000022/tnc-20260805.htm
  HTML page:      https://secwatch.observer/filing/0000097134-26-000022

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