Tennant

Tennant reported Q2 2026 revenue of $324 million but missed adjusted EPS, posting $0.83 versus an expected $1.36. Management cut full-year adjusted EBITDA and EPS guidance, citing ERP-related inefficiencies, higher freight and customs costs, and volume declines as main drivers. The robotics business was a bright spot with 37% revenue growth, while the stock plunged about 15.6% in after-hours trading. A recovery in North America is now expected only in the first half of 2027. » Więcej na de.investing.com

Tennant said that chief financial officer Fay West will resign no earlier than April 2, 2027; the stock fell about 3.7% in midday trading. The company aims to find a successor by the first quarter of 2027 to allow for a transition period. The departure comes at a sensitive time for Tennant, as unresolved issues around the ERP implementation and an ongoing investigation remain. With Q2 results not due until August 5, the C‑level news is the dominant company‑specific driver for investors. » Więcej na de.investing.com

Tennant’s stock hit a new 52-week high at $89.35 and is trading near that level; market capitalization is about $1.51 billion and the share price rose 17.04% over the past year. For Q1 2026 Tennant missed the earnings forecast with EPS of $0.58 (expectation $0.94), but beat revenue with $297.9 million. The stock is rated undervalued by InvestingPro, the company has raised its dividend for 33 years, and it names Richard H. Zay as COO effective July 1, 2026. » Więcej na de.investing.com