TNC Patrick E. Allen bought TENNANT CO shares — SEC Form 4BUYTENNANT CO

TNC is down 27.07% over the last 90 days and is currently trading 27.25% below its 52-week high of $91.27, reflecting a sharp pullback after Q2 earnings.

• •Q2 earnings on August 6, 2026, where the company missed EPS estimates by 37.6% and saw non-GAAP profit fall below consensus.
• •Q2 earnings on August 6, 2026, where revenue grew 1.7% year-over-year to $324 million, though it missed analyst expectations.
• •Q2 earnings on August 6, 2026, where the company reported a 62.4% drop in net income to $7.6 million and a 30.8% decline in Adjusted EBITDA.

• •Margin pressure: Net income fell 62.4% to $7.6 million and Adjusted EBITDA dropped 30.8% in Q2 2026.
• •Operational inefficiencies: The company cited ERP-related operating inefficiencies, North American parts shortages, and inflationary costs impacting profitability.
• •Valuation concerns: The stock dropped 13.90% over the past week following Q2 earnings and is down 18.69% over the past year.