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Conference/Events
Tennant participates in a conference call hosted by Sidoti » 04:55
05/29/20
05/29
04:55
05/29/20
04:55
TNC

Tennant

$64.70 /

+1.02 (+1.60%)

Conference call with…

Conference call with management will be held on May 29 hosted by Sidoti.

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TNC Tennant
$64.70 /

+1.02 (+1.60%)

TNC Tennant
$64.70 /

+1.02 (+1.60%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
TNC Tennant
$64.70 /

+1.02 (+1.60%)

Conference/Events
Tennant participates in a conference call hosted by Sidoti » 07:57
05/27/20
05/27
07:57
05/27/20
07:57
TNC

Tennant

$62.19 /

+4.765 (+8.30%)

Conference call with…

Conference call with management will be held on May 29 hosted by Sidoti.

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TNC Tennant
$62.19 /

+4.765 (+8.30%)

TNC Tennant
$62.19 /

+4.765 (+8.30%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
TNC Tennant
$62.19 /

+4.765 (+8.30%)

Conference/Events
Tennant participates in a conference call hosted by Sidoti » 07:57
05/27/20
05/27
07:57
05/27/20
07:57
TNC

Tennant

$62.19 /

+4.765 (+8.30%)

Conference call with…

Conference call with management will be held on May 27 hosted by Sidoti.

ShowHide Related Items >><<
TNC Tennant
$62.19 /

+4.765 (+8.30%)

TNC Tennant
$62.19 /

+4.765 (+8.30%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
TNC Tennant
$62.19 /

+4.765 (+8.30%)

Earnings
Tennant not updating outlook, cannot accurately predict COVID-19 impact » 09:13
05/06/20
05/06
09:13
05/06/20
09:13
TNC

Tennant

$58.05 /

+1.17 (+2.06%)

As previously announced,…

As previously announced, the company withdrew the full-year guidance it provided on February 20, due to the uncertain nature of the coronavirus pandemic. At this time, the company does not have the ability to accurately predict the level of impact on its businesses and financial results for the remainder of fiscal 2020. Accordingly, the company is not updating its outlook, but plans to share further updates in its second-quarter earnings announcement and conference call. In response to this pandemic, the company has already taken a number of actions globally to minimize the financial impact. Specifically, the company implemented a combination of reduced work schedules and furlough programs for all employees globally, while operating within the local laws and regulations, and maintaining health coverage for all impacted employees. As previously announced, Tennant's CEO will forgo 100 percent of his salary, while senior leaders within the organization will forgo 35 percent of their salaries and the board will take a 50 percent cut in pay, through the second quarter of 2020. Additionally, the company has been proactive in establishing a dedicated enterprise-wide response team, limiting travel to business-critical trips only, implementing work-from-home processes where possible, reducing non-essential discretionary and project spending, and developing multiple financial scenario plans to ensure liquidity and to identify additional actions, if needed. "While the extent of the impact of the pandemic is uncertain and continually evolving, we will continue to manage costs and cash flow while maintaining our ability to ramp up quickly as markets recover," said Killingstad. "The health and safety of our employees, customers and business partners remains our top priority and we are committed to providing the equipment, parts and service our customers need to keep their facilities clean and safe. In its 150-year history, Tennant has always been a resilient and adaptable company, and we will do whatever is necessary to emerge from this crisis in a strong position."

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TNC Tennant
$58.05 /

+1.17 (+2.06%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Earnings
Tennant reports Q1 adj. EPS 57c, consensus 49c » 09:10
05/06/20
05/06
09:10
05/06/20
09:10
TNC

Tennant

$58.05 /

+1.17 (+2.06%)

Reports Q1 revenue…

Reports Q1 revenue $252.1M, consensus $256.62M. "Our first quarter was the story of two strong months and one difficult one as our global operations weathered the impact of the coronavirus pandemic," said Chris Killingstad, Tennant company's president and CEO. "The primary impacts of the pandemic on our business were related to temporary plant shutdowns, as well as a slowdown in sales to some end markets, amid widespread closures of customer facilities and operations. Our China factories were closed for two weeks in February, and we temporarily suspended operations at our plants in Italy and the United States at times during the month of March, in accordance with local directives."

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TNC Tennant
$58.05 /

+1.17 (+2.06%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Hot Stocks
Tennant says cash position remains 'strong' » 09:14
04/24/20
04/24
09:14
04/24/20
09:14
TNC

Tennant

$61.01 /

+1.25 (+2.09%)

Tennant's cash…

Tennant's cash position and balance sheet remain strong. As a precaution, the company drew an additional $125M from its $200M revolver during Q1 and has approximately $30M of remaining undrawn funds. As of March 31, the company had $192M in cash and cash equivalents.

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TNC Tennant
$61.01 /

+1.25 (+2.09%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Earnings
Tennant withdraws FY20 guidance due to COVID-19, announces update on impact » 09:13
04/24/20
04/24
09:13
04/24/20
09:13
TNC

Tennant

$61.01 /

+1.25 (+2.09%)

To date, the primary…

To date, the primary impact of the pandemic on the Tennant's business has been related to temporary plant shutdowns, as well as a slowdown in sales to some end markets. Tennant's China factories were closed for two weeks in February, and the company temporarily suspended operations at its plants in Italy and the United States at times during the month of March. The company has established work-from-home processes for much of its workforce and has suspended a significant amount of business-related travel. Tennant has also taken a number of measures globally to minimize the financial impact of the pandemic, which includes a combination of reduced work schedules and furlough programs for all employees globally, while operating within the local laws and regulations, and maintaining health coverage for all impacted employees. Additionally, Tennant's CEO will forgo 100% of his salary, senior leaders within the organization will forgo 35% of their salaries and the board will take a 50% cut in pay, through the second quarter of 2020.

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TNC Tennant
$61.01 /

+1.25 (+2.09%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Hot Stocks
Tennant announces resignation of CFO Keith Woodward » 09:11
04/24/20
04/24
09:11
04/24/20
09:11
TNC

Tennant

$61.01 /

+1.25 (+2.09%)

Keith Woodward, the…

Keith Woodward, the company's senior vice president and CFO, has elected to resign to pursue new opportunities and will work with Tennant to ensure a planful transition through July 31. Andy Cebulla, Tennant's vice president of finance and corporate controller, will continue to act in an interim capacity until a permanent CFO is named.

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TNC Tennant
$61.01 /

+1.25 (+2.09%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Earnings
Tennant reports preliminary Q1 adj. EPS 55c-58c, consensus 57c » 09:10
04/24/20
04/24
09:10
04/24/20
09:10
TNC

Tennant

$61.01 /

+1.25 (+2.09%)

Reports preliminary Q1…

Reports preliminary Q1 revenue $252M, consensus $267.47M. Reports preliminary Q1 adjusted EBITDA $25.4M-$26.4M. "First and foremost, the health and safety of our employees, customers, and business partners is of paramount importance to Tennant Company," said Chris Killingstad, the company's president and CEO. "We take very seriously our commitment to provide the equipment, parts, and service our customers need to keep their facilities clean and safe. The current market conditions continue to be very fluid, and we have a dedicated response team in place, led by our chief operating officer, to support our locations around the world in managing potential business impacts. We are monitoring developments closely and will provide a full update on our first-quarter earnings call. I am proud of our team members around the world in the way they have met challenges that were simply unimaginable a short time ago. Tennant is a highly resilient 150-year-old business, and we are committed to doing what is necessary to emerge from this crisis in a strong position to serve the needs of our customers."

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TNC Tennant
$61.01 /

+1.25 (+2.09%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti
Over a quarter ago
Hot Stocks
Tennant promotes Dave Huml to COO » 09:10
03/19/20
03/19
09:10
03/19/20
09:10
TNC

Tennant

$56.00 /

-3.91 (-6.53%)

Tennant announced that…

Tennant announced that Dave Huml, Tennant's senior VP, EMEA, APAC, global marketing and operations, has been promoted to COO, effective April 1. In this newly created role, Huml will continue to report to the company's president and CEO, Chris Killingstad, and will oversee all regional sales and service organizations, as well as global R&D, operations, IT and marketing. He also will help lead the execution of Tennant's new enterprise strategy by ensuring global alignment, prioritization and implementation. Huml brings more than 25 years of global leadership experience to the COO role. He joined Tennant in 2014 as senior VP in charge of global marketing.

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TNC Tennant
$56.00 /

-3.91 (-6.53%)

01/15/20
Dougherty sees Tennant separating from pack, starts at Buy
01/15/20
Tennant initiated with a Buy at Dougherty
12/02/19 Sidoti
Tennant initiated with a Buy at Sidoti

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