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Graybar Announces First Quarter Results
Graybar Announces First Quarter Results

Malaysian Reserve

time24-04-2025

  • Business
  • Malaysian Reserve

Graybar Announces First Quarter Results

Achieves Highest Q1 Net Sales in Company History Begins Deployment of New ERP System ST. LOUIS, April 24, 2025 /PRNewswire/ — Graybar, a leading distributor of electrical, industrial, automation and connectivity products and provider of related supply chain management and logistics services, today announced its first quarter financial results. Graybar, which celebrates its 100th anniversary as an independent company this year, reported $2.95 billion in net sales for the first quarter, an increase of 7.9% over the prior year. This marks the highest first quarter net sales in company history and the third highest net sales in any quarter. Graybar reported $100.9 million in net income for the quarter, a 4.1% decrease compared to the same period last year. The decline was partially attributable to continued investments in Graybar Connect, the company's multi-year transformation project. 'We achieved growth in the first quarter and made significant strides with Graybar Connect,' said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. 'One key accomplishment was the recent launch of our new ERP system, which will be fully deployed later this year. This marks a major milestone in our ongoing business transformation, designed to keep our company healthy and growing for the future.' In addition to its ERP system implementation, Graybar noted several other achievements during the first quarter of 2025: Offered the Graybar Construction Trades Scholarship for the sixth consecutive year while increasing the award amount to $2,500 (up from $1,000). This scholarship helps individuals pursuing a career in the skilled trades. Recognized as a Top Workplaces USA Award winner by Energage and USA TODAY for the fifth consecutive year. Named to Fortune World's Most Admired Companies List for the 23rd year. Mazzarella added, 'Because of Graybar's unique employee ownership structure, we can invest for the long term, even as we navigate ongoing economic uncertainty. We believe our strategic investments in Graybar Connect will deliver tremendous value for our company and our customers. In addition, we continue to pursue acquisitions and other opportunities to strengthen our capabilities and drive sustained growth.' About GraybarGraybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, industrial, automation and connectivity products, and specializes in related supply chain management and logistics services. Through its network of 350 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit or call 1-800-GRAYBAR. Media Contact:Tim Sommer(314)

Castle Biosciences Honored with a Top Workplaces USA Award for Fourth Consecutive Year
Castle Biosciences Honored with a Top Workplaces USA Award for Fourth Consecutive Year

Yahoo

time07-04-2025

  • Business
  • Yahoo

Castle Biosciences Honored with a Top Workplaces USA Award for Fourth Consecutive Year

FRIENDSWOOD, Texas, April 07, 2025 (GLOBE NEWSWIRE) -- Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that it has received a Top Workplaces USA Award for the fourth consecutive year. The national award program by Energage and USA Today celebrates organizations with 150 or more employees that have built exceptional workplace cultures. Castle was ranked 30th among 358 participating U.S. companies with 500-999 employees. "Winning a fourth Top Workplaces USA Award is a testament to our exceptional Castle team and people-first culture," said Derek Maetzold, president and chief executive officer of Castle Biosciences. "We are committed to fostering an environment where employees feel valued, supported and empowered to drive innovation, and this recognition reflects their passion and dedication to making a meaningful impact on patient care." More than 42,000 organizations were invited to participate in the Top Workplaces USA survey. Winners of the Top Workplaces USA list were chosen solely on employee feedback gathered through a third-party employee engagement survey administered by Energage. Results were calculated by comparing the survey's research-based statements, including 15 culture drivers that are indicative of high performance against industry benchmarks. Castle's survey participation rate of 95% and employee engagement score of 85% were both above the benchmark averages of 56% and 74%, respectively, for other similar healthcare companies participating in the Top Workplaces USA program. 'Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,' said Eric Rubino, Energage CEO. 'That's something to be proud of. In today's market, leaders must ensure they're allowing employees to have a voice and be heard. That's paramount. Top Workplaces do this, and it pays dividends.' The comprehensive list of 2025 Top Workplaces USA can be found on and About Castle BiosciencesCastle Biosciences (Nasdaq: CSTL) is a leading diagnostics company improving health through innovative tests that guide patient care. The Company aims to transform disease management by keeping people first: patients, clinicians, employees and investors. Castle's current portfolio consists of tests for skin cancers, Barrett's esophagus, mental health conditions and uveal melanoma. Additionally, the Company has active research and development programs for tests in these and other diseases with high clinical need, including its test in development to help guide systemic therapy selection for patients with moderate-to-severe atopic dermatitis seeking biologic treatment. To learn more, please visit and connect with us on LinkedIn, Facebook, X and Instagram. DecisionDx-Melanoma, DecisionDx-CMSeq, i31-SLNB, i31-ROR, DecisionDx-SCC, MyPath Melanoma, DiffDx-Melanoma, TissueCypher, IDgenetix, DecisionDx-UM, DecisionDx-PRAME and DecisionDx-UMSeq are trademarks of Castle Biosciences, Inc. About Energage Making the world a better place to work together.™Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 19 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit or Investor Contact:Camilla Zuckeroczuckero@ Media Contact:Allison Marshallamarshall@ Source: Castle Biosciences in to access your portfolio

AGS Wins 2025 USA TODAY Top Workplaces USA Award
AGS Wins 2025 USA TODAY Top Workplaces USA Award

Yahoo

time25-03-2025

  • Business
  • Yahoo

AGS Wins 2025 USA TODAY Top Workplaces USA Award

AGS Ranks in the Top 100 Companies in the 500-999 Employee CategoryLAS VEGAS, March 25, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, is excited to announce that it has been named a 2025 USA TODAY Top Workplaces USA Award winner. Recognized for its commitment to fostering an exceptional, people-first culture, AGS ranked in the Top 28% of companies in the 500-999 employee category, placing the company in the Top 100 of companies in this size category across America. The USA TODAY Top Workplaces USA Award is a prestigious honor that recognizes organizations for their commitment to creating outstanding workplace environments that prioritize employee engagement and satisfaction. AGS' strong performance in this year's awards is based on authentic employee feedback gathered through a confidential survey conducted by a third-party, HR research and technology company. 'We're really proud to be recognized as a Top Workplace,' said David Lopez, CEO of AGS. 'What makes this award so meaningful is that it comes from feedback directly from our employees across all of our U.S. offices. It shows the commitment, passion, energy and teamwork they bring every day. At AGS, we're all about creating a culture where people can thrive, grow, and be themselves—and this award just proves that we're doing something right. I couldn't be prouder of the team we've built and the culture we've created together.' The 2025 USA TODAY Top Workplaces USA Award adds to AGS' impressive list of accolades, including being recognized as a Top Workplace in 2024 for Oklahoma, Las Vegas, and Atlanta, as well as earning the prestigious Best and Brightest Companies to Work For 2024 award both nationally and in Atlanta. AGS' dedication to its people-first culture is reflected in its ongoing focus on employee engagement, professional development opportunities, competitive benefits, and work-life balance. These efforts have helped AGS create an environment where employees are motivated and empowered to perform at their best. About AGSAGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, and our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at AGS Media Contact:Julia Boguslawski, Chief Marketing OfficerNikki Davis, Director, Marketing & CommunicationsPR@ AGS Investor Contact:Brad Boyer, Senior Vice President of Investor Relations & Corporate OperationsInvestors@ ©2025 AGS LLC. All® notices signify marks registered in the United States. All ™ and ℠ notices signify trademarks, which are not registered on any country-wide basis. Products referenced herein are sold by AGS LLC or other subsidiaries of PlayAGS, Inc. A photo accompanying this announcement is available at in to access your portfolio

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