Earnings ·
Franklin Electric reports Q3 net sales of $633.6M and raises full-year EPS guidance to $4.62-$4.82
FELEFranklin Electric Co Inc
Franklin Electric Co., Inc. reported third-quarter 2026 consolidated net sales of $633.6 million, a 9% increase from the prior year, driven by favorable pricing, acquisitions, and volume growth across all segments. GAAP fully diluted earnings per share rose to $1.35 from $0.37, while adjusted diluted EPS reached $1.50. The company raised its full-year 2026 net sales guidance to a range of $2.23 billion to $2.30 billion and increased adjusted diluted EPS guidance to $4.62-$4.82. Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy.