---
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"
generated_at: "2026-05-30T09:28:06.078057+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Franklin Electric Q3 EPS $1.17, sales down 1%; cuts FY2024 guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038725-24-000162
- JSON: https://secwatch.observer/filing/0000038725-24-000162.json
- Plain text: https://secwatch.observer/filing/0000038725-24-000162.txt

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