Fort Wayne, IN – September 2, 2015 - The board of directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Renee Peterson to be a director of the company effective September 1, 2015.
Ms. Peterson was elected Vice President, Finance and CFO of The Toro Company (NYSE: TTC) in 2011. She was appointed as Toro’s Treasurer in 2013. Prior to joining The Toro Company, Ms. Peterson was the…Read More
FRANKLIN ELECTRIC DECLARES PAYMENT OF QUARTERLY CASH DIVIDEND AND ANNOUNCES AN INCREASE TO ITS STOCK REPURCHASE PROGRAM
Fort Wayne, Indiana, August 3, 2015 – Gregg C. Sengstack, Chairman of the Board and Chief Executive Officer of Franklin Electric Co., Inc. (NASDAQ:FELE), announced that the Board of Directors declared a quarterly cash dividend of $.0975 per share payable August 20, 2015 to shareowners of record on August 10, 2015.
The Company’s Board of Directors also approved a stock repurchase program, aut…Read More
Fort Wayne, Indiana – July 28, 2015 - Franklin Electric Co., Inc. (NASDAQ:FELE) reported second quarter 2015 adjusted earnings per share (EPS) of $0.35 compared to 2014 second quarter adjusted EPS of $0.60, a 42 percent decrease (see table below for a reconciliation of GAAP EPS to the adjusted EPS). In the second quarter of 2015, the Company’s GAAP fully diluted EPS was $0.33, down 40 percent t…Read More
Fort Wayne, IN – Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2015 earnings at 8:05 am EDT on Tuesday, July 28, 2015. A conference call to review earnings and other developments in the business will commence at 9:00 am EDT. The 2Q 2015 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: …Read More
Fort Wayne, Indiana – July 10, 2015 - Franklin Electric Co., Inc. (NASDAQ:FELE) – Franklin Electric has revised its previously issued earnings guidance for the second quarter ended July 4, 2015.
For the second quarter, the Company expects adjusted earnings per share to be approximately $0.35 cents versus the previously issued guidance on April 28, 2015 of $0.54 to $0.58 cents, as a result of…Read More