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Graybar Reports Record Second Quarter Results

ST. LOUIS, Aug. 4, 2015 (GLOBE NEWSWIRE) -- 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, chairman, president and chief executive officer of Graybar. "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, is a leader in the distribution of high quality 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. For more information, visit www.graybar.com or call 1-800-GRAYBAR.


CONTACT: Jacqueline Courtney (314) 573-2570 jacqueline.courtney@graybar.comSource:Graybar Electric