Earnings Guidance Raised

The company raised its fiscal 2026 guidance. Adjusted EPS is now projected at $4.50 to $4.70 per share, up from the prior outlook of $4.40 to $4.60, while FactSet’s expectation of $4.59 remains unchanged. Net sales guidance for 2026 has been lifted to a range of $2.21 billion to $2.29 billion, above the previous forecast of $2.17 billion to $2.24 billion and matching FactSet’s estimate of $2.23 billion. Franklin Electric attributes the upside to continued productivity gains pursued by its Value Acceleration Office, targeting over $15 million in gains.