CDW Reports Q3 2024 Earnings: Net Sales Down 2%, Net Income Up Slightly; Declares $0.625 Dividend

CDW Corp

2024-Q3 EPS reported $6.00 revenue$15,812,700,000

Net sales for Q3 2024 were $5,516.6 million, down 2.0% from $5,628.3 million in Q3 2023.
Non-GAAP net income per diluted share decreased 3.2% to $2.63 from $2.72.
Board declared quarterly cash dividend of $0.625 per share, a 1% increase, payable Dec 10, 2024.
Gross profit margin remained consistent at 21.8% for both quarters.
Operating income increased 0.7% to $481.6 million from $478.4 million.

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