---
schema_version: "secwatch.filing_event.v1"
accession: "0000038725-24-000138"
form_type: "8-K"
ticker: "FELE"
cik: "0000038725"
company_name: "FRANKLIN ELECTRIC CO INC"
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:15:49.302545+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Franklin Electric Q2 net sales down 5% to $543.3M, EPS $1.26; lowers FY EPS guidance to $4.16-$4.34

## Summary
- Consolidated net sales $543.3M (-5% YoY); GAAP diluted EPS $1.26 vs $1.27.
- Water Systems operating income record $62.3M (+23% YoY); sales -2% to $315.6M.
- Distribution operating income $9.8M vs $17.8M; sales -1% due to wet weather delays.
- Fueling Systems sales -9% to $73.1M; operating income $26.0M vs $26.7M.
- FY2024 EPS guidance reduced to $4.16-$4.34; revenue guidance maintained at $2.10B-$2.17B.

## SEC filing metadata
- accession: 0000038725-24-000138
- form_type: 8-K
- ticker: FELE
- cik: 0000038725
- company_name: FRANKLIN ELECTRIC CO INC
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38725/000003872524000138/0000038725-24-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38725/000003872524000138/fele-20240723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038725-24-000138
- JSON: https://secwatch.observer/filing/0000038725-24-000138.json
- Plain text: https://secwatch.observer/filing/0000038725-24-000138.txt

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