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 first quarter results filed with the SEC, click here. The company’s annual report can be found here.

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