Graybar Reports 2010 Second Quarter Results

ST. LOUIS, August 13, 2010 – Graybar, a leading distributor of electrical, communications and data networking products, and provider of related supply chain management and logistics services, reported a slight increase in sales and a 14 percent increase in net income for the second quarter of 2010 compared to the second quarter of 2009. Net income for the first half of 2010 rose by 20 percent compared to the first half of 2009.

“Our second quarter results show that business is gaining momentum,” said Robert A. Reynolds, Jr., chairman, president and chief executive officer of Graybar. “Because of the company’s strong financial position, we can continue to focus on working to the advantage of our customers and expanding our presence in key markets.”