UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________ FORM 10-Q _________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 0-362 FRANKLIN ELECTRIC CO., INC. (Exact name of registrant as specified in its charter) Indiana 35-0827455 (St ...

Walter Liptak Okay. Great. Okay. Thanks much. Mike Halloran Good morning, everyone. So, just a couple here. One, when you think about the pricing dynamics in the marketplace on the water side, anything of note I know the commodity pricing was mentioned in the prepared remarks just more thinking competitively and similarly any thoughts on the inventory level? Yes. Similarly, any thoughts on the inventory levels on the water side of the channel? Jeff can get a little more detail. I'd say that pricing, it's mo ...

Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE DISTRIBUTION FRANKLIN ELECTRIC REPORTS FIRST QUARTER 2024 RESULTS First Quarter 2024 Highlights • Consolidated net sales of $460.9 million, a decrease of 5% to the prior year • Distribution net sales increased 3%, while Water Systems and Fueling Systems net sales decreased 7% and 15%, respectively • Operating income was $47.9 million with operating margin of 10.4% • GAAP fully diluted earnings per share (EPS) was $0.70 Fort Wayne, IN – April 30, 2024 – Franklin Electr ...

First Quarter 2024 Highlights Consolidated net sales of $460.9 million, a decrease of 5% to the prior yearDistribution net sales increased 3%, while Water Systems and Fueling Systems net sales decreased 7% and 15%, respectivelyOperating income was $47.9 million with operating margin of 10.4%GAAP fully diluted earnings per share (EPS) was $0.70 FORT WAYNE, Ind., April 30, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its first quarter financial results for fiscal year 2024. First quart ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Franklin Electric (FELE) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 30. ...

FORT WAYNE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ:FELE) will release its first quarter 2024 earnings at 8:00 am ET on Tuesday, April 30, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The first quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: https://edge.media-server.com/mmc/p/np8yrgn4 For those interested in participating in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________ FORM 10-K _________ ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 0-362 FRANKLIN ELECTRIC CO., INC. (Exact name of registrant as specified in its charter) Indiana 35-0827455 (State o ...

No, that's super helpful color and very robust answer. I appreciate it. Maybe on the margin side of fueling, obviously, an impressive margin despite the volume levels. Maybe thinking about margins in, in 2024, is there any, any, puts and takes that we should consider kind of as the demand normalizes? Is there any mix considerations we need to be mindful of? Or, do we feel like we can - do we feel like we can maybe increment at relatively normal levels from here? Unidentified Analyst Gregg Sengstack Company ...

Fourth Quarter 2023 Highlights Consolidated net sales of $473.0 million, a decrease of 3% to the prior yearWater Systems and Distribution net sales decreased by 1% each, while Fueling Systems net sales decreased 23%Operating income was $50.8 million with operating margin of 10.7%GAAP fully diluted earnings per share (EPS) was $0.82 Full Year 2023 Highlights Full Year record net sales of $2.1 billion, an increase of 1% over the prior yearWater Systems and Distribution both set new net sales records with incr ...

FORT WAYNE, Ind., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ:FELE) will release its fourth quarter and fiscal year 2023 earnings at 8:00 am ET on Tuesday, February 13, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter and fiscal year 2023 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: https://edge.media-server.com/mmc/p/y88zfrpv For ...