{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-23-000149","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.340911+00:00","generated_at":"2026-06-13T03:30:33.066313+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Franklin Electric Q2 2023 sales hit record $569M, EPS $1.27","bullets":["Net sales $569.1M, +3% YoY; operating income $80.9M vs $81.0M YoY.","GAAP EPS $1.27, record for any quarter; prior year $1.26.","Water Systems sales $321.7M (+4%), record; Distribution $193.1M (+1%); Fueling Systems $80.4M (-7%).","FY2023 guidance unchanged: sales $2.15-2.25B, EPS $4.25-4.45.","Weather and inventory destocking hit Distribution operating income, down to $17.8M from $23.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-23-000149","json":"https://secwatch.observer/filing/0000038725-23-000149.json","markdown":"https://secwatch.observer/filing/0000038725-23-000149.md","text":"https://secwatch.observer/filing/0000038725-23-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000149/0000038725-23-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000149/fele-20230725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T03:30:33.066313+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":"17f9fe2858695843cd7a9cd1c49cb43927ad2a22","claim":"FRANKLIN ELECTRIC CO INC reported second quarter of 2023 results: revenue $569.1 million, EPS $1.27. Guidance reaffirmed.","evidence_excerpt":"Franklin Electric Co., Inc. today announced its second quarter financial results for fiscal year 2023. Second quarter 2023 net sales were $569.1 million, compared to second quarter 2022 net sales of $551.1 million. Second quarter 2023 operating income was $80.9 million, compared to second quarter 2022 operating income of $81.0 million. Second quarter 2023 EPS was $1.27, versus EPS in the second quarter 2022 of $1.26.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872523000149/0000038725-23-000149-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$569.1 million"},{"label":"EPS","value":"$1.27"},{"label":"Guidance","value":"reaffirmed"},{"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"}