Graybar 1Q Earnings Rise 16%
Graybar Electric, St. Louis, MO, recently reported sales of $1.12 billion for the first quarter ended March 31, 2006. That's an increase of 16% over the same period in 2005, when the distributor recorded $967 million in sales.
The electrical distributor reported $10 million in profit for the first quarter 2006, compared with a net loss of $1.9 million in the first quarter of 2005.
For a copy of Graybar's 10-Q ﾖ first quarter results ﾖ filed with the SEC, click here. The company's annual report can be found