Graybar Achieves Historic Financial Milestones This Quarter

Author: Ryan Hughes Updated: 08-06-2025 03:54 PM

Graybar's Exceptional Second Quarter Performance

Graybar, a major distributor in the electrical, industrial, automation, and connectivity sectors, has proudly announced record-breaking results for its second quarter. Celebrating a milestone year, Graybar has achieved remarkable financial growth.

Record-Breaking Financial Achievements

This quarter, Graybar recorded an impressive $3.37 billion in net sales, showing a substantial increase of 12.1% compared to the previous year. Additionally, the company's net income surged to $138.1 million, reflecting a significant rise of 25.1% from last year. These numbers mark unprecedented sales and income levels in Graybar's history.

Year-to-Date Performance Highlights

For the first half of the year, Graybar's net sales reached $6.3 billion, which is a 10.1% growth compared to the same six-month timeframe last year. Moreover, net income for this duration was $239.0 million, fastening an increase of 10.9% from last year.

Leadership Insights on Growth

Kathleen M. Mazzarella, chairman, president, and CEO of Graybar, expressed her pride in the team's dedication and hard work. She noted, "Our record performance in the second quarter is a testament to the dedication and hard work of our entire team. 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. Our recent advancements in the Graybar Connect business transformation project, including upgrading our ERP system, reflect our commitment to long-term growth and customer satisfaction. We believe that our investments will enhance the customer experience and fortify our leadership in the industry."

Significant Company Achievements

As part of its record results, Graybar shared several noteworthy highlights from the quarter:

Extension of Credit Facility: Announced the extension of its $750 million credit facility, now maturing in June 2030, which will support general working capital and growth initiatives.
Recognition as a Best Managed Company: Achieved recognition from Deloitte Private and The Wall Street Journal as a US Best Managed Company for the second straight year.
Community Support: Donated $400,000 towards disaster relief efforts following a tornado that impacted the area.

About Graybar

Graybar stands as a Fortune 500 company and one of the largest employee-owned firms in North America, excelling in the distribution of top-notch electrical, industrial, automation, and connectivity products. Graybar specializes in comprehensive supply chain management and logistics services, boasting a robust network of 350 distribution centers across North America. This extensive structure enables the company to stock and sell an expansive variety of products from numerous manufacturers, assisting clients in empowering, networking, automating, and securing their operations swiftly and efficiently.

Frequently Asked Questions

What were Graybar's net sales for the second quarter?

Graybar reported net sales of $3.37 billion for the second quarter.

How much did Graybar's net income increase?

The company's net income increased to $138.1 million, a rise of 25.1% over last year.

What significant milestone is Graybar celebrating?

This year, Graybar celebrates its 100th anniversary as an independent company.

What is the key focus of Graybar's recent business transformation?

Graybar's transformation emphasizes upgrades in technology, people, and process redesign to drive long-term growth and improve customer experience.

How has Graybar supported the community recently?

Graybar donated $400,000 to disaster relief efforts following a tornado in its hometown.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

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