Weekly Recap: Sales gains, lower EPS and regional demand pressures

Tennant Company (NYSE:TNC) reported third-quarter 2026 sales rose 6.2% to $322.3 million, while adjusted EPS fell to $1.40; orders gained 9.5% and robotics revenue jumped 71%. The company reaffirmed 2026 guidance and raised its quarterly dividend 5% to $0.325 per share.

Previous Week Recap

• Sales Rise, Adjusted EPS Falls: Tennant’s Q3 2026 sales rose 6.2% to $322.3 million, while adjusted EPS fell to $1.40. Orders gained 9.5%, robotics revenue jumped 71%, and 2026 guidance was reaffirmed.
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• Regional Demand And Shipment Challenges: Tennant (TNC) saw higher volume in North America and the Americas, with India also growing. Asia-Pacific demand weakened amid excess distributor stock; supply and ERP issues limited shipments.
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• Quarterly Dividend Raised 5%: Tennant Company (TNC) raised its quarterly cash dividend by 5% to $0.325 per share. The dividend is payable December 15, 2026, to shareholders of record on November 30, 2026.
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• Robotics Sales Target Set: Tennant Company (TNC) has long-term targets for organic growth and margin expansion, including a goal of $250 million in robotics sales by 2028.
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• Freedom Broker Upgrades Tennant: Freedom Broker upgraded Tennant Company (TNC) from Hold to Buy and raised its price target from $77 to $85.
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