Graybar Reports Record Second Quarter Results
Graybar, a major distributor of electrical, communications and data networking products, and a 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 US$1.6 billion, a 3.5% increase compared to the same period last year. For the first six months of the year, the company reported record net sales of US$3.0 billion, a 4.7% increase from the same period last year.
“We are pleased with our net sales record for the second quarter,” says Kathleen M. Mazzarella, Graybar’s Chairman, President and CEO. “We continue to invest in people, locations and technology that can enhance our service capabilities and position Graybar for long-term growth.”
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, distributes electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 260 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network and secure their facilities with speed, intelligence and efficiency.
Find out more: www.graybar.com; 1-800-GRAYBAR (4729227).
