Franklin Electric Reports Record Fourth Quarter 2021 and Record Full Year 2021 Results

Fort Wayne, IN – February 15, 2022 – Franklin Electric Co. Inc. today announced fourth quarter and full year financial results for fiscal year 2021.

Fourth quarter 2021 sales were $432.5 million, compared to fourth quarter 2020 sales of $321.1 million.  Fourth quarter 2021 operating income was $47.2 million, compared to fourth quarter operating income in 2020 of $34.4 million, an increase of …

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Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2021 Earnings Release And Conference Call

Fort Wayne, IN – February 1, 2022 – Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2021 earnings at 8:00 am ET on Tuesday, February 15, 2022. 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 2021 earnings call will be available via a live webcast. The webcast wi…

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Franklin Electric Declares Payment of Increased Quarterly Cash Dividends

Fort Wayne, IN – January 24, 2022 Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable February 17, 2022, to shareholders of record on February 3, 2022. This represents an 11 percent increase from the prior quarterly dividend. This dividend increase will mark the 30th consecutive year that Franklin …

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Franklin Electric Acquires U.S. Groundwater Distribution Company

Fort Wayne, IN – January 4, 2022 - Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that on December 31, 2021 its wholly owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut corporation, for $27.1 million in cash. Blake is a professional groundwater distributor operating fourteen locations throughout the northeast United States. Blake has approx…

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Franklin Electric Reports Record Third Quarter 2021 Results

Fort Wayne, IN – October 26, 2021 – Franklin Electric Co. Inc. today announced third quarter 2021 financial results.

Third quarter 2021 sales were $459.0 million, compared to third quarter 2020 sales of $351.2 million. Third quarter 2021 operating income was $56.6 million, compared to third quarter operating income in 2020 of $48.4 million, an increase of 17 percent.

Third quarter 2021 GAAP…

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