secwatch.observer — SEC 8-K summary
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Issuer:     TENNANT CO (TNC)
CIK:        0000097134
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001437749-21-024844
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tennant Q3 net sales $272M (+4.7% organic); adj EPS $1.33; raises dividend 9%; FY21 EPS guidance $3.50-$3.70
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- Q3 net sales $272.0M, organic +4.7%; GAAP EPS $1.14, adjusted EPS $1.33 (vs $0.90 a year ago).
- Adjusted EBITDA $36.0M (13.2% of sales) vs $32.6M (12.4%) in Q3 2020.
- FY21 guidance: organic sales growth 9-10%, GAAP EPS $3.50-$3.70, adj EPS $4.20-$4.40, adj EBITDA $137M-$142M.
- Quarterly dividend increased 9% to $0.25/share, payable Dec 15, 2021; 50th consecutive annual increase.
- Repurchased 102,229 shares for $7.5M; cash $140.6M at Sep 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/97134/000143774921024844/0001437749-21-024844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/97134/000143774921024844/tnc20210831_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-024844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer