Publicly Held Distributors See Some Light at the End of the Tunnel in 1Q Reports

First-quarter 2010 sales results for publicly held distributors of electrical equipment varied, but senior executives from these companies all saw signs of growth.

Graybar Electric Co., St. Louis, enjoyed a 42 percent increase in net income to approximately $3.56 million, but saw its net sales for the quarter slide 5.3 percent (approximately $56.4 million), but stayed comfortably above a billion dollars. The company said in its 10-Q financial report submitted to the U.S. Securities an

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