{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-24-000162","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2024-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.740859+00:00","generated_at":"2026-05-30T09:28:06.078057+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Franklin Electric Q3 EPS $1.17, sales down 1%; cuts FY2024 guidance","bullets":["Q3 net sales $531.4M (-1% YoY); GAAP EPS $1.17 vs $1.23; operating income $73.5M vs $78.1M.","Water Systems segment posted record Q3 sales $302.2M (+2%) and record operating income $52.8M.","Fueling Systems sales declined 10% to $69.7M on lower volumes; operating income $24.1M vs $25.8M.","FY2024 sales guidance lowered to ~$2.00B; EPS guidance reduced to $3.75-$3.85.","CEO cites macro pressure from lower home sales/starts and wet weather for softer quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-24-000162","json":"https://secwatch.observer/filing/0000038725-24-000162.json","markdown":"https://secwatch.observer/filing/0000038725-24-000162.md","text":"https://secwatch.observer/filing/0000038725-24-000162.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000162/0000038725-24-000162-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000162/fele-20241029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T09:28:06.078057+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}