Franklin Electric Q1 GAAP EPS $0.67 vs $0.70; revenue down 1%; guidance lowered

FRANKLIN ELECTRIC CO INC

2025-Q1 EPS reported $0.67 revenue$455,247,000

GAAP EPS $0.67 vs $0.70; operating income $44.1M, down from $47.9M.
Revenue $455.2M, -1% YoY; Energy Systems +8%, Distribution -3%.
FY 2025 EPS guidance lowered to $3.95-$4.25; revenue guidance unchanged at $2.09-$2.15B.
One-time executive transition and acquisition expenses weighed on Q1 earnings.
Operating cash flow -$19.5M vs -$1.4M in prior year.

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