Short answer
FRANKLIN ELECTRIC CO INC (FELE) filed an 8-K current report with the SEC on April 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 earnings announced by Franklin Electric on April 28, 2026.
FRANKLIN ELECTRIC CO INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 earnings announced by Franklin Electric on April 28, 2026
- Detailed results, outlook, and management commentary available in Exhibit 99.1
- Earnings release furnished under Item 2.02 for investor review
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 net sales $500.4M, up 10%, with growth across Water Systems, Energy Systems, and Distribution
- Adjusted diluted EPS $0.83, up 24%, outpacing operating income growth of 9%
- Water Systems sales rose 11%, but GAAP margin declined to 14.0% from 15.1% due to $3.9M restructuring expense
- Operating cash flow was negative $40.9M, while cash declined to $80.4M and debt increased by $57.2M
- Full-year guidance maintained: sales $2.17B-$2.24B and adjusted diluted EPS $4.40-$4.60
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