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Graybar Announces Record 2024 Financial Results

  • Graybar reported record net sales of $11.6 billion in 2024, marking a 5.5% increase from the previous year.
  • The company achieved a net income of $423.1 million in 2024, although this was an 8.7% decline from 2023.
  • Kathleen M. Mazzarella stated that employee ownership is critical to Graybar's long-term success.
  • Graybar plans to launch a new core ERP system in 2025 as part of the Graybar Connect project for transformative growth.
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Burnett County SentinelBurnett County Sentinel
+21 Reposted by 21 other sources

Graybar Announces Record 2024 Financial Results

Reports Record $11.6 Billion in 2024 Net Sales

·Burnett County, United States
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tedmag.comtedmag.com

Graybar Announces Record 2024 Financial Results – tEDmag

The distributor reported a record amount of net sales and celebrates its 100th anniversary as an independent company in 2025.

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The Health Standard broke the news in Missouri, United States on Thursday, March 13, 2025.
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