The law firm of Kirby McInerney LLP continues its investigation on behalf of Tennant Company (“Tennant” or the “Company”) (NYSE: TNC) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On February 24, 2026, after the company reported Q4 results that missed analyst expectations and issued FY26 guidance below consensus estimates. Tennant disclosed that net sales declined year over year and that adjusted earnings fell sharply, citing operational disruptions related to its Enterprise Resource Planning system transition that negatively impacted production, margins and volumes. The company also projected continued pressure into 2026, signaling a slower recovery than investors anticipated. On this news, the price of Tennant shares declined by $19.28 per share, or approximately 23.4%, from $82.30 per share on February 23, 2026 to close at $63.02 on February 24, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Tennant securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260302992724/en/