secwatch.observer — SEC 8-K summary
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Issuer:     CDW Corp (CDW)
CIK:        0001402057
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001402057-22-000001
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDW Q4 GAAP EPS $1.57 (-4.5%), Non-GAAP $2.08 (+14%); raises dividend 25% to $0.50
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- Net sales $5.54B (+11.7% YoY); full year $20.82B (+12.7%).
- GAAP net income $215M (-9.7%); Non-GAAP net income $285M (+8.2%).
- Non-GAAP diluted EPS $2.08 (+14%); full year $7.97 (+20.9%).
- Quarterly dividend raised 25% to $0.50/share, payable Mar 10 to record Feb 25.
- CFO targets net leverage 2.5-3.0x by end of 2022, prioritizing debt reduction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000001/0001402057-22-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000001/cdw-20220209.htm
  HTML page:      https://secwatch.observer/filing/0001402057-22-000001

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