TNC

Over the past six months, Tennant Co.'s stock (TNC) has declined, losing 19.4% over the past 12 months and 10.2% in the last month as of October 8, 2026. A significant event was the Q2 2026 earnings report on August 5, 2026, where the company missed Wall Street's revenue and adjusted EPS expectations, with sales rising only 1.7% year-on-year to $324 million and adjusted EPS of $0.83, leading to an 11.9% stock decline the day after the announcement. The company also lowered its full-year 2026 adjusted diluted EPS guidance, citing gross margin compression and operational inefficiencies partly due to cost inflation from tariffs and geopolitical instability. Despite these challenges, a Tennant director bought 3,000 shares at an average of $69.42 a share on September 23, 2026, and an institutional investor, Kopion Asset Management, increased its Tennant holdings by 22.1% in the third quarter of 2026.