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Recent Updates — FELE

July 28, 2026View Source ↗

Franklin Electric Co., Inc. reported second quarter 2026 financial results on July 28, 2026. Consolidated net sales increased 6% to $622.9 million, driven by growth in Water Systems, Energy Systems, and Distribution segments. Operating income rose 6% to $93.6 million with a 15.0% margin. GAAP fully diluted earnings per share were $1.46, an 11% increase, while adjusted diluted EPS reached $1.55, up 18%. The company raised its full-year 2026 guidance, projecting net sales between $2.21 billion and $2.29 billion and adjusted diluted EPS between $4.50 and $4.70. Franklin Electric Co., Inc. operates in the industrial manufacturing industry, producing systems and components for the movement of water and energy.