Graybar Shatters Financial Records in Historic Second Quarter, Cites Tech Investment and Team Dedication

ST. LOUIS, MO – In a milestone year marking its 100th anniversary as an independent company, Graybar today announced a record-breaking financial performance for the second quarter of 2025, signaling strong growth and continued industry leadership.

The St. Louis-based supply chain and distribution giant reported its highest quarterly net sales and net income in its century-long history. Net sales for the quarter ending June 30, 2025, reached an impressive $3.37 billion, a significant 12.1% increase over the same period last year. Net income saw even more substantial growth, soaring 25.1% to $138.1 million.

The strong quarter builds on a successful first half of the year, with six-month net sales totaling 239.0 million (a 10.9% increase).

Kathleen M. Mazzarella, Graybar’s chairman, president, and CEO, attributed the historic results to the company’s workforce and its focus on innovation.

“Our record performance in the second quarter is a testament to the dedication and hard work of our entire team,” Mazzarella said in a statement. “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.”

Mazzarella highlighted key investments in the company’s future, including progress on its “Graybar Connect” business transformation project and a major upgrade to its ERP system. “Looking ahead, we believe our ongoing investments in technology, people and process redesign will support our long-term growth and profitability, enhance the customer experience, and further strengthen our industry leadership position,” she added.

A Quarter of Milestones and Community Support

Beyond its financial success, Graybar achieved several other notable milestones during the second quarter:

• Strengthened Financial Position: The company extended its $750 million credit facility, securing its financial flexibility for growth initiatives through June 2030.

• National Recognition: For the second consecutive year, Graybar was named a US Best Managed Company, an award presented by Deloitte Private and The Wall Street Journal that recognizes excellence in strategy, execution, culture, and governance.

• Community Commitment: Following a devastating tornado in its hometown of St. Louis, Graybar demonstrated its deep community roots by donating $400,000 to local disaster relief efforts.

As a Fortune 500 corporation and one of North America’s largest employee-owned companies, Graybar serves as a critical link in the nation’s supply chain. It distributes electrical, industrial, automation, and connectivity products from thousands of manufacturers through its network of 350 distribution facilities, helping customers power, network, and secure their own facilities with greater efficiency.