{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-23-000065","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.835563+00:00","generated_at":"2026-06-16T03:59:27.923159+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Franklin Electric Q1 record sales $484.6M, EPS $0.79, raises FY guidance","bullets":["Sales $484.6M (+7% YoY), record Q1; EPS $0.79 vs $0.63 prior year.","Water Systems sales $306.6M (+12%), operating income $49.0M (record).","Fueling Systems sales $72.7M (+0.3%), operating income $20.8M (record).","Distribution sales $143.0M (+6%) but operating income fell to $4.7M from $9.4M on margin pressure.","FY 2023 guidance raised: sales $2.15-2.25B, EPS $4.25-4.45."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-23-000065","json":"https://secwatch.observer/filing/0000038725-23-000065.json","markdown":"https://secwatch.observer/filing/0000038725-23-000065.md","text":"https://secwatch.observer/filing/0000038725-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000065/0000038725-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000065/fele-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:59:27.923159+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":"1eb7cdf4f75c84262e5c43cf6c1d4bcd606e5fe3","claim":"FRANKLIN ELECTRIC CO INC updated its first quarter of 2023 guidance (raised).","evidence_excerpt":"On May 2, 2023, Franklin Electric Co., Inc. issued a press release announcing its earnings for the first quarter of 2023. A copy of the release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000065/0000038725-23-000065-index.htm","confidence":0.75,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Guidance","value":"raised"},{"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"}