Oct 26, 2009 16:16 Franklin Electric Announces Third Quarter Results
Franklin Electric Co., Inc. (Nasdaq:FELE) reported diluted earnings per share of $0.37 for the third quarter 2009, a decrease of 50 percent compared to 2008 third quarter earnings per share of $0.74. Earnings per share before restructuring charges were $0.40, a decrease of 46 percent compared to the prior year. Third quarter 2009 sales were $166.0 million, a decrease of 23 percent compared to 2008 third quarter sales of $215.8 million. continued...
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