Tennant Earnings, Sales Fall in Quarter


Tennant Earnings, Sales Fall in Quarter

Minneapolis, MN, Oct. 24, 2012 — Tennant Company reported third quarter net earnings of $8.7 million, or $0.46 per share, on net sales of $178.3 million.

In the 2011 third quarter, Tennant reported net earnings of $9.7 million, or $0.50 per share, on record net sales for a third quarter of $187.0 million.

“After rising 4.7 percent in the 2012 first half, Tennant’s sales in North America, our largest geography, declined 3.3 percent in the third quarter,” said CEO Chris Killingstad.

Join Our Newsletter

Get the latest flooring industry news delivered weekly.