{"schema_version":"secwatch.filing_event.v1","accession":"0001402057-23-000089","form_type":"8-K","ticker":"CDW","cik":"0001402057","company_name":"CDW Corp","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.711854+00:00","generated_at":"2026-06-16T00:45:15.932752+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CDW Q1 net sales down 14.2% YoY; EPS $1.68, non-GAAP $2.03; declares $0.59 dividend","bullets":["Net sales $5.1B, down 14.2% YoY; diluted EPS $1.68 vs $1.83; non-GAAP EPS $2.03 vs $2.20.","Gross profit margin improved to 21.3% from 18.6% on higher product margin and software mix.","Corporate segment sales down 17.4%; Small Business down 22.7%; Public down 12.2% led by education -27.4%.","CEO cites deeper-than-expected IT demand contraction but says record first-quarter margins.","Board declares $0.59 quarterly dividend, payable June 13, 2023, to holders of record May 25."],"urls":{"canonical":"https://secwatch.observer/filing/0001402057-23-000089","json":"https://secwatch.observer/filing/0001402057-23-000089.json","markdown":"https://secwatch.observer/filing/0001402057-23-000089.md","text":"https://secwatch.observer/filing/0001402057-23-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1402057/000140205723000089/0001402057-23-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1402057/000140205723000089/cdw-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T00:45:15.932752+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"791ae9a18021f1d59e5362c29108323e53f6657c","claim":"CDW Corp reported first quarter 2023 results: revenue $5,103.1, net income $230.1, EPS $1.68.","evidence_excerpt":"Record First Quarter Profit Margins Reinforce Durability of Strategy (Dollars in millions, except per share amounts) Three Months Ended March 31, 2023 2022 % Chg. Net Sales $ 5,103.1 $ 5,949.1 (14.2) Average Daily Sales 1 79.7 94.4 (15.6) Gross Profit 1,089.4 1,104.1 (1.3) Operating Income 355.3 386.9 (8.2) Net Income 230.1 250.2 (8.0) Non-GAAP Operating","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1402057/000140205723000089/0001402057-23-000089-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Revenue","value":"$5,103.1"},{"label":"Net income","value":"$230.1"},{"label":"EPS","value":"$1.68"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}