Franklin Electric Posts Double‑Digit Sales Growth and Higher EPS in Q1

The briefing

Franklin Electric reported a 10% year‑over‑year sales increase and a 24% rise in adjusted EPS, aided by volume, pricing, and new products like VersaBoost. The company launched a Value Acceleration Office targeting $15 million in productivity this year, continued buybacks, and maintained a cautious outlook amid tariff and geopolitical risks.