{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-23-000002","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2023-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.649634+00:00","generated_at":"2026-06-19T14:47:37.929026+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Franklin Electric reports record Q4 sales $489.4M, FY 2022 sales $2.0B; guides FY 2023 EPS $4.10–$4.30","bullets":["Q4 sales $489.4M (+13% YoY), record; operating income $56.2M (+19%). GAAP EPS $0.84 vs $0.85 prior year (incl. $6.5M bargain gain).","Full year sales $2.0B (+23%), operating income $257.2M (+36%), GAAP EPS $3.97 (+22%) – all records.","Water Systems segment sales $281.3M (+9%) record; Distribution $148.9M (+27%) record but op. income fell to $2.9M on commodity margin compression.","2023 guidance: sales $2.1B–$2.2B and EPS $4.10–$4.30; cash from operations $101.7M vs $129.8M in 2021 due to working capital.","Fueling Systems sales $85.5M (+8%) and op. income $24.3M – both Q4 records."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-23-000002","json":"https://secwatch.observer/filing/0000038725-23-000002.json","markdown":"https://secwatch.observer/filing/0000038725-23-000002.md","text":"https://secwatch.observer/filing/0000038725-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000002/0000038725-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000002/fele-20230214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T14:47:37.929026+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3f56d1f8f402f1e11f75f25122af84139ae1219c","claim":"FRANKLIN ELECTRIC CO INC reported the fourth quarter and full year of 2022 results: revenue $489.4 million, EPS $0.84.","evidence_excerpt":"(EX-99.1) --- NEWS RELEASE FOR IMMEDIATE DISTRIBUTION FRANKLIN ELECTRIC REPORTS RECORD FOURTH QUARTER 2022 AND FULL YEAR 2022 RESULTS Fourth Quarter 2022 Highlights • Sales of $489.4 million, an increase of 13% over the prior year, was a fourth quarter record • Strong sales growth in all three Segments; Distribution up 27%, Water Systems up 9%, and Fueling Systems up","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000002/0000038725-23-000002-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year of 2022"},{"label":"Revenue","value":"$489.4 million"},{"label":"EPS","value":"$0.84"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}