Graybar, St. Louis, MO, distributor of electrical and communications products and related supply chain management and logistics services, reported sales grew 4.8% in the first quarter 2008 to $1.28 billion from the same period a year ago. Profit was $18.9 million, a 58.7% increase.
The increase was due to modest growth in electrical market sales coupled with a solid growth in the data communications market.
During this economic slowdown, we see customers leveraging our distribution services more than ever to lower their total cost of ownership,” said Robert A. Reynolds Jr., president and CEO of Graybar.
Reynolds added that Graybar continues to invest in technical resources to help its customers manage the implementation of complex projects such as …
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Graybar, St. Louis, MO, distributor of electrical and communications products and related supply chain management and logistics services, exceeded $5.25 billion in sales during 2007, an increase of 5% over 2006. The company posted profit of more than $83 million, up 45%, from the previous year.
Graybar has more than 250 North American distribution …
St. Louis, MO-based Graybar, a distributor of electrical and communications products, has published a new catalog of security products.
The GraybarSecurity Solutions Catalog will debut at two upcoming events in Las Vegas, NV -AFCOMâDataCenter WorldâSpring 2008 and ISC West. The 132-page catalog features more than 1,400 products from 44 brand-name suppliers in six categories: surveillance; access control; intrusion; audiovisual notification; cabling, installation and tools; and fire systems. It also includes products incorporating the latest IP technology solutions.
A pdf of the catalog is available for viewing or download from the Markets Served -Security section of …
St. Louis, MO-based Graybar, a distributor of electrical and communications products, has achieved the No. 1 ranking on the annual FORTUNE America’s Most Admired Companies”list in the Wholesalers: Diversified industry category.
The list is featured in the March 17 issue of FORTUNE.
Rounding out the top five on the diversified wholesalers list were Grainger at No. 2, Reliance Steel &Aluminum (3), Genuine Parts Co. (4), and Anixter International (5).
The top four for foodservice: CHS (1), Sysco (2), Performance Food Group (3), and United Natural Foods (4).
Henry Schein was No. 1 on the healthcare distributor list, with McKesson, Cardinal Health and PSS World Medical rounding out that top four.
Find more at the FORTUNE Most …
Graybar, St. Louis, MO, distributor of electrical and communications products, reported profit of $66.2 million during the first three quarters of 2007, an increase of 41.7% over the same period in 2006.
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During the first three quarters of 2007, sales increased to $3.92 billion, a 4.3% increase over the same period in 2006. The sales increase resulted from organic growth and reflected expansion in the electrical and communications/data markets. In comparison to the first three quarters of 2006, income from operations grew 29.8% during the first nine months of 2007.
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Our net income through the third quarter this year is greater by almost $9 million than our annual net income in 2006,” said Robert A. Reynolds Jr., president and CEO of Graybar. …
Graybar, St. Louis, MO, distributor of communications and electrical products, has been awarded a new, three-year U.S. Communities Program contract effective Jan. 1, 2008. DeSousa said the company forecasts sales of more than $100 million through the program in 2008.
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Graybar will be the exclusive distributor of electrical products in the program, which provides cooperative purchasing agreements for U.S. Communities-registered agencies nationally. The program provides competitively solicited pricing and streamlines purchasing by eliminating the traditional three-bid buying process.  ;
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State, county and local governments, dependent and independent special districts, public and private K-12 schools and universities, and non-profit institutions are eligible …
Graybar, St. Louis, MO, distributor of electrical and communications products, has opened a 10,000-square-foot distribution facility in Collinsville, IL.
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With the addition of this facility, the company now has 12 locations throughout Missouri and Illinois, including regional distribution centers in Joliet, IL, and Springfield, MO.  ;
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The branch inventory is backed by a $4.5 million inventory in the St. Louis distribution center and a $10 million inventory in the Springfield, MO, regional distribution center.  ; Graybar Collinsville features a counter operation and one-hour will-call service.
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Graybar has more than 250 North American distribution facilities with around $5 billion in annual …
Graybar, St. Louis, MO, distributor of electrical and communications products and related supply chain management and logistics services, reported $2.56 billion in sales for the first six months of 2007, an increase of 5.1% over the same period in 2006.  ;   ;
Sales improved along with moderate growth in the electrical and communications/data markets. In comparison to the first half of 2006, profit rose 37.4% during the first six months of 2007 to $39.7 …
Electrical distributor Graybar rolled out its new IT system in 2003-2004; the three-year implementation was anything but easy for the $5 billion company. But CFO Beatty D’Alessandro, who oversaw the implementation, says distributors can mitigate the risks inherent with such a transition. Here’s how.
Most distributors who are implementing or even considering switching to a new business system may place too much worry on whether the technology will work and what it will cost but not enough on other risks inherent with the transition.
The fact of the matter is if you’re with a name-brand software company, the technology is going to work. This is not splitting the atom or curing cancer -we’re talking about billing material, and shipping material, and …
Graybar, St. Louis, MO, reported sales of $5.009 billion in 2006, up 16.6% from last year. Profit was $57 million, more than double the year before.
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Growth in the electrical market increased 16.6%. Electrical sales were strong in the construction sector. Sales in the comm/data market rose 17% year-over-year.
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In an SEC filing, Graybar attributed the increase in sales to demand in the electrical and communications/data markets. Also, copper-based products, mainly wire and cable, went up in price in the past year, positively impacting sales.
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Profit growth was attributed to double-digit growth in gross margin, coupled with attention to controlling expenses. Graybar also reported productivity gains as a result of the company’s new technology …
