---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-019487"
form_type: "8-K"
ticker: "TNC"
cik: "0000097134"
company_name: "TENNANT CO"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:31:37.157477+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tennant Q2 net sales $280.2M (+4.4% organic), adj. EBITDA $30.3M; confirms FY guidance near low end

## Summary
- Net sales flat at $280.2M; organic growth 4.4% on constant currency but volume constrained by supply-chain.
- Gross margin fell 330 bps to 37.9% due to inflation in materials, labor, freight; LIFO reserve increased $2.5M.
- Adjusted EBITDA $30.3M (10.8% of sales), down 13.7% YoY; adjusted diluted EPS $0.92 vs $1.14 prior.
- Operating cash flow negative $23.6M in H1 vs positive $37.8M last year due to working capital buildup.
- Full-year 2022 guidance confirmed: sales $1.125B-$1.170B, adj. EBITDA $140M-$155M; now expect near low end.

## SEC filing metadata
- accession: 0001437749-22-019487
- form_type: 8-K
- ticker: TNC
- cik: 0000097134
- company_name: TENNANT CO
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/97134/000143774922019487/0001437749-22-019487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/97134/000143774922019487/tnc20220519_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-019487
- JSON: https://secwatch.observer/filing/0001437749-22-019487.json
- Plain text: https://secwatch.observer/filing/0001437749-22-019487.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.