secwatch.observer — SEC 8-K summary
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Issuer:     CDW Corp (CDW)
CIK:        0001402057
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001402057-22-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDW Q2 net sales $6.15B (+19.4% YoY); Non-GAAP EPS $2.49 (+23%); raises FY outlook
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- Net sales $6,146M (+19.4% YoY); Non-GAAP EPS $2.49 (+23% YoY); GAAP EPS $2.04 (+5.6%).
- Gross margin expanded to 19.0% from 17.2%; Corporate sales +34.2%; Healthcare +30.1%.
- Raises 2022 outlook: expects to outpace US IT market growth by 200-300 bps constant currency.
- Declares $0.50 quarterly dividend, payable Sep 9, record Aug 25; unchanged from prior.
- Operating income $435M (+17.7%); net income $279M (+1.9%) incl. prior-year gain of $36M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000119/0001402057-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000119/cdw-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001402057-22-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer