Tennant sets Nov. 2 date for third-quarter 2026 results
Key Facts
Tennant said it will release its third-quarter financial results on Nov. 2, 2026, after the market closes, with an earnings call scheduled for the following day at 10:00 a.m. Eastern time. The schedule puts the third-quarter results at the forefront of investor attention on the company’s performance after the second quarter, when sales were higher and orders grew, but earnings fell from the same period a year earlier. Tennant attributed pressure in that quarter to lingering deficiencies in its North American enterprise resource planning system, along with pricing and volume pressure in Europe, the Middle East and Africa. The key test is whether order growth translated into earnings, not just sales. The call will also give the company an opportunity to present and discuss its quarterly results in light of the financial guidance it previously issued.
In the second quarter of 2026, net sales were $324.0 million, up 1.7% year over year, Tennant said. Diluted earnings per share fell to $0.44 from $1.08 in the second quarter of 2025. On an adjusted basis, earnings per share were $0.83, compared with $1.49 a year earlier. The comparison highlights the gap between sales growth and declining profitability, an important backdrop for assessing third-quarter results. The company linked the quarter’s pressure to operational deficiencies in North America and pricing and volume pressure in Europe, the Middle East and Africa.
On the demand side, second-quarter orders totaled $339.5 million, up 6.6% year over year, and grew across most regions, Tennant said. This helped lift the order backlog to $127 million. The figures indicate that order flow was stronger than sales growth in the same quarter, but alone they do not show when orders will convert into sales or how they will affect earnings. The new results will therefore be assessed in part on whether business growth coincided with improved execution and margins. That assessment takes on added importance given the operational pressures the company cited in its second-quarter report.
Tennant raised its fiscal 2026 net sales guidance to a range of $1,270 to $1,310 million, but lowered its adjusted earnings before interest, taxes, depreciation and amortization guidance to a range of $155–170 million in its second-quarter report. The guidance pairs expectations for higher annual sales with a lower estimate for adjusted operating earnings, making the third-quarter results an indicator of execution against those ranges. The guidance in that report did not include an actual third-quarter result; the company said it would release those figures after the market closes on Nov. 2. The earnings call is scheduled to begin on Nov. 3 at 10:00 a.m. Eastern time.
On the product front, Tennant announced on Oct. 20 the launch of the P1 VAC, which it described as the company’s first autonomous robotic vacuum, as it expands its robotics portfolio into soft-floor cleaning. The company said its plan targets the launch of 10 new products over 24 months and aims to build a robotics equipment business with targeted revenue of $250 million by 2028. Robotics revenue grew about 37% year over year in the second quarter of 2026, Tennant said in August. These figures provide context for the robotics business the company is expanding into, while the third-quarter results remain the focus of the upcoming financial announcement. The results are due on Nov. 2, followed by the company’s call the next day.
Tennant shares, listed under the ticker TNC, closed at $66.44 on Oct. 30, 2026, according to EL7 data. The closing price offers a snapshot of the stock ahead of the results announcement; the available data do not include the session’s high or low. This reading alone does not establish how the stock will react to the upcoming results. The session preceded the release of figures after the market closes on Nov. 2 and management’s scheduled call on Nov. 3. That call is the announced time for discussing the third-quarter results.