secwatch.observer — SEC 8-K summary
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Issuer:     CDW Corp (CDW)
CIK:        0001402057
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001402057-22-000158
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDW reports Q3 record net sales of $6.22B; raises dividend 18% to $0.59/share
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- Net sales $6,215.5M (+17.3% YoY); GAAP EPS $2.17 (+13.7%), Non-GAAP EPS $2.60 (+22.0%).
- Corporate segment sales +24.7%; Public segment +12.6% (Healthcare +27.7%).
- Non-GAAP operating margin 8.8% vs 8.2% a year ago; gross margin improved to 19.8%.
- Quarterly dividend increased 18% to $0.59/share, payable Dec 9 to Nov 25 record; ninth year of increases.
- Management expects premium on US IT market growth at higher end of 325-425 bps range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000158/0001402057-22-000158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402057/000140205722000158/cdw-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001402057-22-000158

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