Graybar, St. Louis, Mo., a distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, reported sales in 2023 of $11 billion, an increase of 4.8%.
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Net income for 2023 was $463.4 million, a 2.3% increase from 2022.
“Last year, we also launched a strategic transformation program, designed to provide the technical and operational foundation to unlock our company’s future potential,” said Kathleen M. Mazzarella, Graybar president and CEO. “As we look forward, we remain focused on serving our customers, accelerating our growth and transforming our business to achieve long-term success.”
Graybar has more than 345 North American distribution facilities.
