NYSE:TNCMachinery
Should Tennant’s (TNC) New Sweeper Launch and Steady Guidance Offset Lower Sales and Earnings?
Tennant Company recently reported a year-over-year decline in both quarterly and year-to-date sales and net income but reaffirmed its full-year earnings guidance and unveiled its Z50 Citadel Outdoor Sweeper, marking an entry into the industrial outdoor sweeping market.
This combination of steady guidance, increased order rates in North America, and a new product launch highlights Tennant’s confidence amid ongoing macroeconomic and tariff-related cost headwinds.
We'll look at how Tennant's...