---
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"
generated_at: "2026-06-13T03:30:33.066313+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Franklin Electric Q2 2023 sales hit record $569M, EPS $1.27

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038725-23-000149
- JSON: https://secwatch.observer/filing/0000038725-23-000149.json
- Plain text: https://secwatch.observer/filing/0000038725-23-000149.txt

## Key facts
- Earnings Releases
  FRANKLIN ELECTRIC CO INC reported second quarter of 2023 results: revenue $569.1 million, EPS $1.27. Guidance reaffirmed.
  - Period: second quarter of 2023
  - Revenue: $569.1 million
  - EPS: $1.27
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/38725/000003872523000149/0000038725-23-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.