Graybar's Exceptional Growth in Third Quarter Earnings

Graybar Reports Impressive Third Quarter Results

Graybar, a leading distributor of electrical and industrial supplies, has recently announced its strong performance for the third quarter. The company is celebrating its 100th anniversary as an independent entity this year and reported remarkable figures that reflect significant growth and resilience in the market.

Strong Financial Performance

During the third quarter, Graybar achieved net sales of $3.29 billion, which marks an impressive increase of 10.7% compared to the same quarter last year. This surge in revenue showcases Graybar's robust market position and its effective strategies in catering to the needs of its customers.

Net Income Highlights

In conjunction with its sales growth, the company reported net income of $119.3 million for the quarter, representing an 8.3% increase year-over-year. These financial results emphasize the company's financial stability and capacity for continued investment in its operations.

Cumulative Year-to-Date Results

For the first nine months of the current fiscal year, Graybar reached net sales of $9.6 billion, reflecting a 10.3% increase over the previous year. The net income during this period totaled $358.3 million, which is a 10.0% growth from last year.

Leadership Insights

Kathleen M. Mazzarella, the chairman, president, and CEO of Graybar, shared her thoughts on these accomplishments, stating, "Graybar delivered positive third quarter results while successfully completing the transition to our new ERP system. These achievements demonstrate the strength of our employee ownership culture and our commitment to innovation and service excellence. With our new ERP system in operation, we are focusing on accelerating progress through our Graybar Connect business transformation program. We believe our ongoing investments in Graybar Connect will bolster our growth and enhance our ability to serve customers effectively, reinforcing our long-term standing as an industry pioneer."

Strategic Developments in the Quarter

Alongside its financial achievements, Graybar made significant strides in various operational aspects during the third quarter of 2025. These highlights include key strategic moves that further enhance the company’s capabilities and market reach.

Leadership Changes

A notable development was the election of Brian Delaney to Graybar's Board of Directors, where he will contribute his extensive experience as Graybar's Senior Vice President of the West Region and Subsidiaries.

Expansion Initiatives

Graybar also introduced its STAR Centers designed to assist contractors engaged in large construction projects. The initial STAR Centers, located in key urban areas, will provide critical resources and support, including 500,000 square feet of space across facilities in several cities.

A Commitment to Excellence

Graybar's commitment to service and operational excellence has been recognized through several accolades. The company was recently named one of Selling Power Magazine's 60 Best Companies to Sell For in 2025, marking the 20th time it has made this prestigious list.

Acquisitions and Growth

Additionally, Valin Corporation, a subsidiary of Graybar since 2023, successfully acquired Burns Controls Company, effectively expanding its already robust motion control and automation product offerings. This acquisition is expected to greatly enhance Valin's service capabilities in the industry, further solidifying Graybar's influence in the marketplace.

About Graybar

Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, specializes in the distribution of high-quality electrical, industrial, automation, and connectivity products. With a network of over 350 distribution facilities, Graybar supports its customers by enhancing their operational efficiency through dedicated supply chain management and logistics services. For more information, you can contact Graybar directly.

Media Contact

For media inquiries, reach out to Tim Sommer at (314) 578-7672 or via email.
Contact: timothy.sommer@graybar.com

Frequently Asked Questions

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

Graybar reported net sales of $3.29 billion for the third quarter.

How much did Graybar increase its net income?

The net income for the third quarter was $119.3 million, marking an 8.3% increase.

What strategic initiative has Graybar introduced recently?

Graybar introduced its STAR Centers to support contractors on large construction projects.

Who was elected to Graybar's Board of Directors?

Brian Delaney was elected to Graybar's Board of Directors during this quarter.

What recognition did Graybar receive from Selling Power Magazine?

Graybar was recognized as one of Selling Power Magazine's 60 Best Companies to Sell For in 2025.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

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