CDW Corp. engages in the provision of information technology solutions to small, medium and large business, government, education and healthcare customers in the United States, the United Kingdom and Canada. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with a smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.

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CDW reports record profitability in Q4, eyes growth in high-demand solutions

CDW's Q4 performance showcased record profitability driven by solutions and services, with a strategic shift towards high-growth offerings for 2023.
While facing challenges such as weak client device demand and seasonality, the company's strong focus on solutions and services presents growth opportunities.
With robust demand across all segments and a disciplined approach to cost management, CDW aims to maximize shareholder return and capture market share.
The company's 2023 outlook includes expectations of modest revenue growth, a shift towards cloud and security, and a focus on strategic capital allocation priorities.

CDW reports Q1 2023 earnings decline but eyes sector resilience

CDW's Q1 performance saw declines in net sales and operating income, with challenges in maintenance contracts and hardware delays. However, strengths in healthcare and government sectors, strategic investments, and AI engagement position CDW well for growth. Opportunities in client device refresh cycles and sector optimism offer potential for recovery and outperformance.

CDW reports Q2 results, anticipates outperforming U.S. IT market

CDW navigated challenges in the commercial market while capitalizing on growth opportunities in the public sector and cloud services. Strategic investments in cloud capabilities have driven profitability, with a focus on outperforming the U.S. IT market. The company remains cautious but optimistic about future prospects.

CDW reports mixed Q3 results, eyes growth through advanced solutions

CDW's Q3 performance reflects a mixed picture with revenue decline but strong profitability driven by strategic investments in cloud and SaaS solutions.
While facing challenges in commercial markets and potential federal spending uncertainties, the company aims to outperform the market and drive growth through advanced solutions.
Balancing cost management, investments, and customer assistance in decision-making present opportunities for CDW to navigate uncertainties and drive future outperformance.
With a focus on enhancing operating margins, capturing market share, and aligning capital allocation with shareholder value, CDW aims to navigate market challenges and drive growth.

CDW reports mixed 2023 performance, eyes AI solutions market

CDW's performance in 2023 reflected a mix of challenges and strengths, with a focus on software and cloud-based solutions driving growth amid declining hardware sales. Strategic investments and strong execution positioned the company well for future opportunities in the evolving AI solutions market and digital transformation space.
While facing challenges in market dynamics and optimizing costs, CDW's commitment to enhancing shareholder value through capital allocation priorities and outpacing market growth by 200 to 300 basis points in 2024 showcases a proactive growth strategy. The anticipation of a recovery in client devices and a pricing environment remaining firm present opportunities for sequential improvement and sustained growth.
Navigating uncertainties in the economy and market conditions, CDW aims to balance growth opportunities with cost optimization, leveraging its customer-centric approach and focus on as-a-service solutions. The company's strong performance in advisory and consulting services related to AI, coupled with a focus on full stack, full life cycle solutions, positions CDW for continued success and resilience in the evolving IT landscape.

CDW reports Q1 earnings decline, eyes AI opportunities for growth

CDW's Q1 2024 performance faced challenges from market conditions but highlighted strengths in AI services and growth opportunities in client devices. The company aims for modest profit growth in 2024, focusing on addressing customer priorities and capitalizing on AI spending.

CDW reports stable Q2 performance amidst market challenges

CDW's Q2 performance saw stable gross profit and a sequential increase in net sales
The company faces challenges from market dynamics and end market-specific issues
However, CDW's strategic focus on growth and value creation positions it well for the future

CDW reports Q3 decline, eyes growth amid market challenges

CDW faced challenging market conditions in Q3 2024, leading to declines in gross profit, net sales, and operating income. Despite this, the company remains confident in its ability to return to growth.
Strategic actions, such as improving seller effectiveness and growing cloud capabilities, along with capital allocation priorities, demonstrate CDW's commitment to long-term value creation.
While challenges persist, opportunities in demand drivers and strategic initiatives provide a path for CDW to navigate through uncertainties and drive future performance.

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CDW Corp. engages in the provision of information technology solutions to small, medium, and large business, government, education, and healthcare customers. It operates through the following segments: Corporate, Small Business, Public, and Other. The Public segment includes government agencies and education and healthcare institutions. The Other segment focuses on CDW UK and Canada. The company was founded in 1984 by Michael P. Krasny and is headquartered in Vernon Hills, IL.

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Morgan Stanley analyst Katy Huberty downgraded CDW Corp (NASDAQ:CDW) to Equal Weight from Overweight with a price target of $196, down from $208, suggesting a 12% upside, as part of the downgrade of her IT Hardware industry view to Cautious. The firm's U.S. Equity Strategy Team believes the market is in the later innings of a mid-cycle transition, and Hardware has been the worst-performing Tech group and underperformed the S&P by 11% over the past four months, Huberty noted.

Morgan Stanley Downgrades CDW, Cuts PT By ~5%

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Christine A. Leahy, president and chief executive officer, CDW; Albert J. Miralles, chief financial officer, CDW; and Collin B. Kebo, former chief financial officer, CDW, will participate in a question and answer session at the Ci

CDW to Participate in the Citi 2021 Global Technology Virtual Conference

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CDW (CDW) Up 6.6% Since Last Earnings Report: Can It Continue?

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CDW (CDW) Moves to Buy: Rationale Behind the Upgrade

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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), today announced that Al Miralles will join CDW as senior vice president and chief financial officer, effective September 7. He will succeed Collin B. Kebo, who previously announced his intention to retire after 13 years with CDW. Miralles will report to Christine A. Leahy, president and chief executive officer. “Al brings 30 years of financial and operating experience to CDW and a proven track record of successful leadership in

CDW Names Al Miralles as Chief Financial Officer

Amid ongoing supply challenges, CDW Corporation (CDW) manages to deliver outstanding Q2 performance with record revenues of $5.15 billion, primarily driven by rebound in commercial customer spending.

CDW Corporation (CDW) Q2 Earnings & Revenues Top Estimates

CDW Corporation (CDW) CEO Chris Leahy on Q2 2021 Results - Earnings Call Transcript

CDW (CDW) delivered earnings and revenue surprises of 12.85% and 4.04%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

CDW (CDW) Q2 Earnings and Revenues Surpass Estimates

Shares of CDW (NASDAQ:CDW) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 29.49% over the past year to $2.02, which beat the estimate of $1.80.

CDW: Q2 Earnings Insights

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per common share to be paid on September 10, 2021 to all stockholders of record as of the close of business on August 25, 2021. This amount represents a 5.3 pe

CDW Declares Quarterly Cash Dividend of $0.40 Per Share

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended June 30, 2021 Three Months Ended June 30, 2020 % Chg. Six Months Ended June 30, 2021 Six Months Ended June 30, 2020 % Chg. Net Sales $ 5,146.4   $ 4,365.7   17.9 $ 9,983.9   $ 8,754.9   14.0 Average Daily Sales1 80.4   68.2   17.9 78.6   68.4   14.9 Gross Profit 882.8   747.2   18.2 1,678.0   1,503.7   11.6 Operating Income 369.9   283.4   30.5 693.3   529.2   31.

CDW Reports Second Quarter 2021 Earnings

MINNEAPOLIS & WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #middlemarket--Norwest Equity Partners (“NEP”), a leading middle market investment firm founded in 1961, has completed the sale of its portfolio company, Focal Point Data Risk (or the “Company”), a leading data risk management services company, to CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions. The transaction closed on July 30, 2021. Serving mid-to-large enterprises and governments in the U.S. and interna

Focal Point Data Risk Sold to Global IT Solutions Provider CDW Corporation

CDW (CDW) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CDW (CDW) Hits 52-Week High, Can the Run Continue?

CDW Corporation's (CDW) Q2 results likely to reflect benefits of education seasonality and accelerated digital transformation activities. Supply constraints remain a concern.

CDW Corporation (CDW) to Post Q2 Earnings: What's in Store?

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand technology services and solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, announced today that it has acquired Focal Point Data Risk, a leading provider of cybersecurity services with customers across a diverse set of industries. “Helping our customers leverage technology to protect their most critical data is core to our mis

CDW Announces Acquisition of Focal Point Data Risk

CDW (CDW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CDW (CDW) Reports Next Week: Wall Street Expects Earnings Growth

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LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that it will host a webcast conference call to discuss its second quarter 2021 results on Wednesday, August 4, 2021, at 7:30 a.m. CT/8:30 a.m. ET. A live webcast (audio with slides) of the conference call will be accessible at investor

CDW to Announce Second Quarter 2021 Results on August 4

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