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Posted August 8, 2019

Graybar sales rise 6.3 percent

Graybar reported second quarter sales of $1.95 billion, a 6.3 percent increase compared to the same period last year.


Net income for the quarter was $47.0 million, up 5.6 percent from the same period in 2018.

For the first half of the year, the company reported net sales of $3.73 billion, a 7.4 percent increase compared to the same period last year. Net income for the first six months of 2019 increased 23.9 percent to $81.3 million.

“I am pleased with our performance through the first half of 2019,” said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. “This is an important year for Graybar, as we celebrate our 150th anniversary and 90 years of employee ownership. Our longstanding culture of integrity, service and innovation provides a strong foundation for our future, and we will continue transforming our business to enhance the customer experience and drive accelerated growth in the new era.”

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