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Tennant Cleans Up in the Second Quarter


Investors had concerns heading into Tennant's (NYSE: TNC) second-quarter earnings report. After all, the commercial cleaning device specialist posted a rare sales decline in the prior period because of softness in Europe. That news ensured that the focus was on whether those weaknesses would threaten management's 2019 outlook.

This week, the company put those fears to rest by revealing robust second-quarter global sales growth and raising its outlook on both the top and bottom lines.

More on that 2019 brighter forecast in a moment. First let's take a closer look at the latest headline results from the quarter.

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