NEW YORK, Feb. 26, 2026 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Tennant Company (“Tennant” or the “Company”) (NYSE: TNC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Tennant and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On February 23, 2026, Tennant issued a press release reporting its fourth quarter and full-year fiscal 2025 financial results. Among other items, Tennant reported sharp declines in sales, adjusted EBITDA, and adjusted earnings per share, after Tennant’s plant Enterprise Resource Planning (“ERP”) transition in November disrupted operations. Management further estimated that of the $30 million in lost sales, roughly half would be unrecoverable, as customer relationships were strained due to the three-week disruption.
On this news, Tennant’s stock price fell $19.28 per share, or 23.43%, to close at $63.02 per share on February 24, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
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SOURCE Pomerantz LLP
