Tennant (TNC) rises after Q1 results show robotics demand, ERP recovery progress

Tennant Co. (TNC) shares rose to $87.12 on May 13, 2026, from $81.95 before its first-quarter earnings report, as management cited operational stabilization in North America and strong demand for robotics products. CEO David Huml said broad-based order growth and a “robust funnel of opportunity for robotics” supported the quarter. Management said a North America ERP system disruption weighed on sales and gross margins early in the period, but operating performance improved each month. Investors are watching the pace of margin recovery as ERP-related inefficiencies ease, the rollout of new robotics products and channel expansion, and the conversion of backlog into revenue, particularly in international markets. Pricing actions, input costs and capital deployment remain key variables for future results.