{"schema_version":"secwatch.filing_event.v1","accession":"0001402057-25-000191","form_type":"8-K","ticker":"CDW","cik":"0001402057","company_name":"CDW Corp","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.314364+00:00","generated_at":"2026-05-17T00:35:21.841576+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"CDW Q3 2025: net sales up 4% YoY to $5.74B; GAAP EPS down 5.8%, non-GAAP EPS up 3%; dividend raised 1%","bullets":["Q3 net sales $5.74B (+4% YoY); GAAP diluted EPS $2.21 (-5.8%); non-GAAP diluted EPS $2.71 (+3%).","Operating income $443M (-8%); non-GAAP operating income $531M (-0.6%); operating margin 7.7% vs 8.7%.","Small Business segment led growth (+14.2%); Corporate +4.4%; Public +0.6%; Other +9.1%.","Quarterly dividend increased ~1% to $0.630/share, payable Dec 10, 2025 to holders of record Nov 25.","Management reaffirms target to exceed US IT market growth by 200-300 bps on constant currency basis."],"urls":{"canonical":"https://secwatch.observer/filing/0001402057-25-000191","json":"https://secwatch.observer/filing/0001402057-25-000191.json","markdown":"https://secwatch.observer/filing/0001402057-25-000191.md","text":"https://secwatch.observer/filing/0001402057-25-000191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1402057/000140205725000191/0001402057-25-000191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1402057/000140205725000191/cdw-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:35:21.841576+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}