reports
Franklin Electric Reports Third Quarter 2025 Results
Franklin Electric Reports Third Quarter 2025 Results Third Quarter 2025 Highlights Consolidated net sales of $581.7 million, an increase of 9% to the prior yearNet sales increased across all three segments; 11% in Water Systems, 15% in Energy Systems, and 3% in Distribution Operating income was $85.1 million, an increase of 16% to the prior year, with operating margin of 14.6%The company terminated its US Pension Plan for a pre-tax settlement charge of $55.3 million ($41.7 million net of tax) and an EPS impact of approximately $0.93 per share net of taxGAAP fully diluted earnings per share...
Franklin Electric Declares Quarterly Dividend of $0.265 per Share
Franklin Electric Declares Quarterly Dividend of $0.265 per Share FORT WAYNE, Ind., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable November 20, 2025, to shareholders of record on November 6, 2025. About Franklin ElectricFranklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around...
Franklin Electric Schedules Its Third Quarter 2025 Earnings Release an...
Franklin Electric Schedules Its Third Quarter 2025 Earnings Release and Conference Call FORT WAYNE, Ind., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2025 earnings at 8:00 am ET on Tuesday, October 28, 2025. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The third quarter 2025 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: For those interested in participating in the question-and-answer portion of...
Franklin Electric Reports Second Quarter 2025 Results
Franklin Electric Reports Second Quarter 2025 Results Second Quarter 2025 Highlights Consolidated net sales of $587.4 million, an increase of 8% to the prior yearNet sales increased across all three segments; 8% in Water Systems, 6% in Energy Systems, and 5% in Distribution Operating income was $88.1 million, an increase of 11% to the prior year, with operating margin of 15.0%GAAP fully diluted earnings per share (EPS) was $1.31 FORT WAYNE, Ind., July 29, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its second quarter financial results for fiscal year 2025. Seco...
Franklin Electric Declares Quarterly Dividend of $0.265 Per Share
Franklin Electric Declares Quarterly Dividend of $0.265 Per Share FORT WAYNE, Ind., July 28, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable August 21, 2025, to shareholders of record on August 7, 2025. About Franklin ElectricFranklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the...
Franklin Electric Schedules Its Second Quarter 2025 Earnings Release a...
Franklin Electric Schedules Its Second Quarter 2025 Earnings Release and Conference Call FORT WAYNE, Ind., July 15, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2025 earnings at 8:00 am ET on Tuesday, July 29, 2025. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The second quarter 2025 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: For those interested in participating in the question-and-answer portion of...
Franklin Electric Appoints Daniela Williams as Chief Human Resources O...
Franklin Electric Appoints Daniela Williams as Chief Human Resources Officer to Lead Talent and Culture Strategy FORT WAYNE, Ind., July 07, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced that Daniela Williams will join its executive leadership team as Chief Human Resources Officer (CHRO), bringing a proven track record of driving growth for global organizations. In her new role, Williams will be setting the strategic direction for talent acquisition and management at Franklin Electric, overseeing all aspects of employee relations, compensation, benefits, de...
Jennifer Wolfenbarger Joins Franklin Electric as Chief Financial Offic...
Jennifer Wolfenbarger Joins Franklin Electric as Chief Financial Officer, Bringing Extensive Financial Leadership in Global Operations FORT WAYNE, Ind., July 07, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that Jennifer Wolfenbarger has been appointed Chief Financial Officer (CFO) and Chief Accounting Officer. As a core member of the executive leadership team, Wolfenbarger will help shape the company’s financial future by enabling growth and overseeing fiscal accountability for the entire organization. Wolfenbarger has served in divisional CFO ro...
Franklin Electric Announces Repurchase of Company Shares
Franklin Electric Announces Repurchase of Company Shares FORT WAYNE, Ind., June 13, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) is pleased to announce the successful completion of a stock purchase transaction involving shares held within the Patricia Schaefer Settlement Trust, a trust established by the late Patricia Schaefer. The purchase transaction involved the acquisition of 1,200,000 shares of the Company’s common stock at a price equal to $86.78 per share, which was the volume-weighted average price of the stock on NASDAQ for the five trading days preceding t...
Franklin Electric Announces Appointment of Jennifer L. Sherman as Chai...
Franklin Electric Announces Appointment of Jennifer L. Sherman as Chairperson; Mark Carano Elected to be a Director of the Company FORT WAYNE, Ind., May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Jennifer L. Sherman, President and Chief Executive Officer of Federal Signal Corporation, as Chairperson effective as of May 2, 2025 for a term expiring at the 2026 Annual Meeting of Shareholders. Ms. Sherman has been a Director of the Company since 2015. Joe Ruzynski, the Company’s Chief Executive Officer, commented: “I want to c...
Franklin Electric Reports First Quarter 2025 Results
Franklin Electric Reports First Quarter 2025 Results First Quarter 2025 Highlights Consolidated net sales of $455.2 million, a decrease of 1% to the prior yearEnergy Systems net sales increased 8% while Water Systems net sales were up less than 1% and Distribution net sales declined 3% Operating income was $44.1 million with operating margin of 9.7%GAAP fully diluted earnings per share (EPS) was $0.67 FORT WAYNE, Ind., April 29, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its first quarter financial results for fiscal year 2025. First quarter 2025 net sales wer...
Franklin Electric Declares Quarterly Dividend of $0.265 Per Share
Franklin Electric Declares Quarterly Dividend of $0.265 Per Share FORT WAYNE, Ind., April 28, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable May 22, 2025, to shareholders of record on May 8, 2025. About Franklin ElectricFranklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the wo...
Franklin Electric Schedules Its First Quarter 2025 Earnings Release an...
Franklin Electric Schedules Its First Quarter 2025 Earnings Release and Conference Call FORT WAYNE, Ind., April 15, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2025 earnings at 8:00 am ET on Tuesday, April 29, 2025. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The first quarter 2025 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: For those interested in participating in the question-and-answer portion...
Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Resul...
Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results Fourth Quarter 2024 Highlights Consolidated net sales of $485.7 million, an increase of 3% to the prior yearEnergy Systems and Distribution net sales increased 5% and 6%, respectively, while Water Systems net sales were flatOperating income was $43.0 million with operating margin of 8.9%GAAP fully diluted earnings per share (EPS) was $0.72 Full Year 2024 Highlights Consolidated net sales of $2.0 billion, a decrease of 2% to the prior yearDistribution net sales increased 2%, while Water Systems and Energy Systems net...
Franklin Electric Announces Execution of Definitive Agreement for the ...
Franklin Electric Announces Execution of Definitive Agreement for the Acquisition of Barnes de Colombia Strategic Acquisition to Enhance Growth in Latin America FORT WAYNE, Ind., Feb. 14, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) Fort Wayne, Indiana, USA-based Franklin has signed a definitive agreement to acquire Barnes de Colombia S.A., a leading manufacturer and distributor of industrial and commercial pumps based in Cota, Cundinamarca, Colombia. This acquisition aligns with Franklin Electric's long-term growth and diversification goals, providing significant...
Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2024 Ea...
Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call FORT WAYNE, Ind., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2024 earnings at 8:00 am ET on Tuesday, February 18, 2025. 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 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: For those interested in...
Franklin Electric Declares Payment of Increased Quarterly Cash Dividen...
Franklin Electric Declares Payment of Increased Quarterly Cash Dividend FORT WAYNE, Ind., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable February 20, 2025, to shareholders of record on February 6, 2025. This represents a 6 percent increase from the prior quarterly dividend. This dividend will mark the 33rd consecutive year that Franklin Electric has increased its dividend, demonstrating its commitment to returning cash to shareholders and confidence in ...
Franklin Electric Reports Third Quarter 2024 Results
Franklin Electric Reports Third Quarter 2024 Results Third Quarter 2024 Highlights Consolidated net sales of $531.4 million, a decrease of 1% to the prior yearWater Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Systems net sales decreased 10%Operating income was $73.5 million with operating margin of 13.8%GAAP fully diluted earnings per share (EPS) was $1.17 FORT WAYNE, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its third quarter financial results for fiscal year 2024. Third quarter 2024 ne...
Franklin Electric Declares Quarterly Dividend of $0.25 Per Share
Franklin Electric Declares Quarterly Dividend of $0.25 Per Share FORT WAYNE, Ind., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable November 21, 2024, to shareholders of record on November 7, 2024. About Franklin ElectricFranklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers around t...
Franklin Electric Schedules Its Third Quarter 2024 Earnings Release an...
Franklin Electric Schedules Its Third Quarter 2024 Earnings Release and Conference Call FORT WAYNE, Ind., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2024 earnings at 8:00 am ET on Tuesday, October 29, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The third quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen-only mode by going to: For those interested in participating in the question-and-answer portion o...
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