Tennant (NYSE:TNC) Misses Q2 CY2026 Revenue Estimates, Stock Drops 13.8%

Tennant (NYSE:TNC) missed Q2 CY2026 revenue and adjusted EPS estimates, with sales increasing only 1.7% year-on-year to $324 million and adjusted EPS at $0.83, significantly below expectations. Despite lifting its full-year revenue guidance, the company lowered its adjusted EPS and EBITDA guidance, leading to a 13.8% drop in its stock price immediately following the announcement. The report highlighted concerns about the company's profitability and operating margin decline over the past few years.