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Tennant Company (NYSE: TNC)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in Tennant Company (NYSE: TNC) prior to February 23, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely disclose to investors that Company’s new enterprise resource planning (ERP) system was not functioning efficiently.

On February 23, 2026, Tennant released its full year 2025 financial results, reporting EPS of $0.48, missing consensus estimates by $1.22, and revenue of $291.6 million, missing consensus estimates by $28.85 million. The Company disclosed that the Company’s new enterprise resource planning (ERP) system had “introduced unexpected challenges that constrained operating capacity” including “order‑management and fulfillment disruptions,” “manufacturing scheduling issues” and “prolonged customer delays.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Tennant Company (NYSE: TNC) prior to February 23, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.