ST. LOUIS — Graybar reported record net sales of $1.6 billion for the first three months of 2018, a 7.0 percent increase compared to the same period last year. Net income for the quarter was $21.1 million, a 19.3 percent increase from the first quarter of 2017.
“After six consecutive years of record net sales, Graybar sustained its momentum in the first quarter of 2018,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. “As we look ahead, we will continue to invest in people, technology and service innovation to power a new era of distribution. We remain focused on delivering an exceptional customer experience, driving accelerated growth and transforming the supply chain for the future.”Tagged with Biggest News, financial, Graybar