Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Graybar Announces Record Second Quarter Results

PR NEWSWIRE by PR NEWSWIRE
August 6, 2025
Home Telco
Share on FacebookShare on Twitter


Achieves Highest Quarterly Net Sales & Net Income in Company History

ST. LOUIS, Aug. 6, 2025 /PRNewswire/ — Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, today announced record results for the second quarter of 2025.

Celebrating its 100th anniversary as an independent company this year, Graybar reported $3.37 billion in net sales for the second quarter, an increase of 12.1% over the prior year. In addition, Graybar reported $138.1 million in net income for the second quarter, a 25.1% increase compared to the same period last year. This marks the highest net sales and net income for any quarter in company history.

For the first six months of the year, Graybar achieved net sales of $6.3 billion, a 10.1% increase from the same six-month period last year. Net income for the six months was $239.0 million, an increase of 10.9% compared to last year.

“Our record performance in the second quarter is a testament to the dedication and hard work of our entire team,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. “I am proud of the way our employees continue to deliver outstanding service to our customers today, while embracing the transformation that will define Graybar’s success tomorrow. In the second quarter, we achieved key milestones on our Graybar Connect business transformation project, including the initial upgrade of our ERP system. Looking ahead, we believe our ongoing investments in technology, people and process redesign will support our long-term growth and profitability, enhance the customer experience, and further strengthen our industry leadership position.”

In addition to its record results, Graybar noted the following highlights during the second quarter of 2025:

About Graybar
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, industrial, automation and connectivity products, and specializes in related supply chain management and logistics services. Through its network of 350 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.

Media Contact:
Tim Sommer
(314) 578-7672
[email protected]

SOURCE Graybar



Source link

Tags: Graybar
PR NEWSWIRE

PR NEWSWIRE

Next Post
Fake VPN and Spam Blocker Apps Tied to VexTrio Used in Ad Fraud, Subscription Scams

Fake VPN and Spam Blocker Apps Tied to VexTrio Used in Ad Fraud, Subscription Scams

Recommended.

Tech Advocate And ASCII CEO Alan Weinberger Mourned As ‘Visionary’

Tech Advocate And ASCII CEO Alan Weinberger Mourned As ‘Visionary’

July 3, 2025
Une IA au service de tous : TELUS est fière de participer au Sommet mondial « AI for Good » (l’IA au service du bien) 2025 des Nations Unies

Une IA au service de tous : TELUS est fière de participer au Sommet mondial « AI for Good » (l’IA au service du bien) 2025 des Nations Unies

July 18, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio