Franklin Electric Reports Fourth Quarter 2023 and Full Year 2023 Results [Yahoo! Finance]
Franklin Electric Co., Inc. (FELE)
Last franklin electric co., inc. earnings: 4/28 08:00 am
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franklin-electric.com/company/investor-relations
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Source: Yahoo! Finance
Water Systems and Distribution net sales decreased by 1% each, while Fueling Systems net sales decreased 23% Operating income was $50.8 million with operating margin of 10.7% GAAP fully diluted earnings per share (EPS) was $0.82 Full Year 2023 Highlights Full Year record net sales of $2.1 billion, an increase of 1% over the prior year Water Systems and Distribution both set new net sales records with increases of 4% and 1%, respectively, while Fueling Systems net sales decreased 11% Operating income for 2023 was a record at $262.4 million with operating margin of 12.7% GAAP fully diluted EPS was a record at $4.11, an increase of 4% over the prior year Record cash flows from operating activities of $315.7 million increased $214.0 million over the prior year FORT WAYNE, Ind., Feb. 13, 2024 (GLOBE NEWSWIRE) -- 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
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- 2/13/24 - Miss
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