secwatch.observer — SEC 8-K summary
======================================

Issuer:     CDW Corp (CDW)
CIK:        0001402057
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001402057-24-000135
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CDW Q2 revenue down 3.6% to $5.42B; EPS up 7.5% to $2.07; dividend $0.62
------------------------------------------------------------------------

- Net sales $5.42B (-3.6% YoY); GAAP EPS $2.07 (+7.5%); Non-GAAP EPS $2.50 (-2.6%).
- Gross margin expanded 80bps to 21.8% on higher netted-down SaaS revenue.
- Segment sales: Corporate -2.2%, Small Business -3.4%, Public -2.3%; UK/Canada -12.7%.
- Quarterly cash dividend of $0.62/share declared, payable Sept 10, record Aug 26.
- CEO cites strong cloud/security/services; demand limited by economic uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402057/000140205724000135/0001402057-24-000135-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402057/000140205724000135/cdw-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001402057-24-000135

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