secwatch.observer — SEC 8-K summary
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Issuer:     CDW Corp (CDW)
CIK:        0001402057
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001402057-24-000085
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDW Q1 net sales down 4.5% to $4.87B; EPS $1.59; declares $0.62 dividend
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- Net sales $4,873M, down 4.5% YoY; gross profit margin improved to 21.8% from 21.3%.
- GAAP net income $216.1M ($1.59/diluted share); non-GAAP net income $260.8M ($1.92/diluted share).
- Segment declines: Corporate -3.1%, Small Business -7.4%, Public -4.9%, Other (UK/Canada) -6.5%.
- Quarterly cash dividend of $0.62 per share declared, payable June 11 to record holders May 24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402057/000140205724000085/0001402057-24-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402057/000140205724000085/cdw-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001402057-24-000085

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