Franklin Electric Reports Fourth Quarter 2023 and Full Year 2023 Results

Fort Wayne, IN – February 13, 2024 – Franklin Electric Co., Inc. today announced its fourth quarter and full year financial results for fiscal year 2023. 

Fourth quarter 2023 net sales were $473.0 million, compared to fourth quarter 2022 net sales of $489.4 million. Fourth quarter 2023 operating income was $50.8 million, compared to fourth quarter 2022 operating income of $56.2 million.  Four…

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Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

Fort Wayne, IN – January 30, 2024 –Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2023 earnings at 8:00 am ET on Tuesday, February 13, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter and fiscal year 2023 earnings call will be available via a live webcast. The webcast wil…

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Franklin Electric Increases Quarterly Dividend By 11% To $0.25 Per Share

Fort Wayne, IN – January 22, 2024 – Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable February 15, 2024, to shareholders of record on February 1, 2024. This represents an 11 percent increase from the prior quarterly dividend.

“This dividend increase will mark the 32nd consecutive year that Frankli…

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Franklin Electric Acquires U.S. Groundwater Distribution Company

Fort Wayne, IN – Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that on December 31, 2023, its wholly owned subsidiary Headwater Companies, LLC acquired substantially all of the assets of LCA Pump, LLC, a Missouri limited liability company, which operates Water Works Pump. Water Works is a professional groundwater distributor located in Springfield, MO, and will operate as a branch …

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Franklin Water Treatment Acquires Assets of Action Manufacturing & Supply Inc

Fort Wayne, IN – Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its wholly owned subsidiary, Franklin Water Treatment, LLC, has acquired the assets of Action Manufacturing & Supply, Inc., a manufacturer and wholesale distributor of residential water conditioning, filtration, and indoor/outdoor aeration systems since 1980 with operations in Florida and North Carolina. The op…

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