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Graybar: Distributor Reports Record Second-Quarter Results
St. Louis, Mo. — Aug. 4, 2015 — Graybar, a leading distributor of electrical, communications, and data networking products and provider of related supply chain management and logistics services, recently reported record net sales for the second quarter and the first six months of the year.
Following record net sales in the first quarter, Graybar achieved a second-quarter net sales record of $1.6 billion, a 3.5 percent increase compared to the same period last year.
For the first six months of the year, the company reported record net sales of $3.0 billion, a 4.7 percent increase from the same period last year.
“We are pleased with our net sales record for the second quarter,” said Kathleen M. Mazzarella, Graybar CEO. “We continue to invest in people, locations, and technology that can enhance our service capabilities and position Graybar for long-term growth.”
Graybar is a Fortune 500 corporation and one of the largest employee-owned companies in North America. For more information, visit www.graybar.com.