{"id":8521,"date":"2023-04-24T07:38:23","date_gmt":"2023-04-24T07:38:23","guid":{"rendered":"https:\/\/www.emr-online.com\/?p=8521"},"modified":"2023-04-27T07:41:51","modified_gmt":"2023-04-27T07:41:51","slug":"graybar-graybar-achieves-record-first-quarter-results","status":"publish","type":"post","link":"https:\/\/www.emr-online.com\/graybar-graybar-achieves-record-first-quarter-results\/","title":{"rendered":"Graybar – Graybar Achieves Record First Quarter Results"},"content":{"rendered":"

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\"\"ST. LOUIS, MO., April 24, 2023 \u2013 Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today reported record first quarter results.<\/strong><\/h4>\n

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For the first three months of 2023, Graybar\u2019s net sales totaled $2.7 billion, an increase of 12.2 percent compared to the same period last year. Net income attributable to Graybar for the quarter finished at $124.8 million, a 22.1 percent increase from the first quarter of 2022.<\/p>\n

\u201cAfter our record performance in 2022, I am very pleased with our strong start to 2023,\u201d said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. \u201cAs we navigate changing economic conditions, we remain focused on providing exceptional customer service, investing in our business and pursuing opportunities that will strengthen our position as a leader in supply chain innovation.\u201d<\/p><\/blockquote>\n

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Graybar Electric Company, Inc. and Subsidiaries
\nCONDENSED CONSOLIDATED STATEMENTS OF INCOME<\/p>\n

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Source<\/strong>
\nGraybaR\u00a0<\/i><\/a><\/h5>\n

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EMR Analysis<\/strong><\/h4>\n
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More information on Graybar:<\/strong>\u00a0See the full profile on EMR Executive Services<\/p>\n

More information on Kathleen M. Mazzarella (Chairman, President and Chief Executive Officer, Graybar):<\/strong>\u00a0See the full profile on EMR Executive Services<\/p>\n

More information on David M. Meyer (Senior Vice President and Chief Financial Officer, Graybar):<\/strong>\u00a0See the full profile on EMR Executive Services<\/p>\n

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EMR Additional Notes:<\/strong><\/p>\n