Franklin Electric publishes Q3 2026 earnings call transcript
FELE•Franklin Electric raised its 2026 sales guidance to $2.23 billion–$2.3 billion and adjusted diluted EPS guidance to $4.62–$4.82. Third-quarter sales increased 9% to $633.6 million, while adjusted diluted EPS rose 15% to $1.50.
1. Quarterly results and outlook
Franklin Electric said third-quarter sales rose 9% to $633.6 million and adjusted diluted EPS increased 15% to $1.50. It raised 2026 sales guidance to $2.23 billion–$2.3 billion and adjusted diluted EPS guidance to $4.62–$4.82.
2. Acquisition and margins
The guidance excludes the pending acquisition of Challenge Pumps, which is expected to close later this year. The mine-dewatering business generates about $52 million in revenue. Management said manufacturing moves and inflation pressured margins, and expects consolidation work largely completed this year to deliver productivity gains in 2027.
