Welcome to our dedicated page for CDW news (Ticker: CDW), a resource for investors and traders seeking the latest updates and insights on CDW stock.
CDW Corporation (NASDAQ: CDW) is a Fortune 500 and S&P 500 company that describes itself as a leading multi-brand provider of information technology solutions for business, government, education and healthcare customers in the United States, the United Kingdom and Canada. The CDW news page on Stock Titan aggregates company announcements, earnings releases and other updates that reflect how CDW operates within the business-to-business electronic markets and wholesale trade sector.
Investors and observers following CDW news can expect regular coverage of quarterly earnings results, where the company discusses net sales, segment performance across Corporate, Small Business, Public, UK and Canada operations, and the contribution of services, cloud offerings and complex infrastructure solutions. These releases often include management commentary on customer demand trends, technology spending patterns and the factors influencing margins and cash flow.
CDW’s news flow also features Board-approved quarterly cash dividends and related capital allocation updates, reflecting the company’s stated priorities of dividends, share repurchases, strategic mergers and acquisitions and capital structure management. Leadership announcements, such as appointments or transitions in roles like Chief Services and Solutions Officer or Chief Growth and Innovation Officer, provide insight into how CDW aligns its organization with its go-to-market strategy and digital transformation efforts.
Additional items may include participation in investor conferences, webcasts to discuss financial results and updates on initiatives that enhance CDW’s technology services and solutions capabilities. By reviewing CDW news on this page, readers can track how the company communicates its performance, strategic focus and risk considerations over time.
CDW Corporation (Nasdaq: CDW) reported its fourth quarter and annual results for 2022, showcasing a mixed performance. In Q4, net sales were $5,438 million, a 1.8% decline from 2021, with a constant currency decrease of 0.4%. However, full-year net sales rose 14.1% to $23,749 million, bolstered by the Sirius acquisition. Gross profit increased 21.1% in Q4, reaching $1,181 million, while operating income soared 31.6% to $447 million. The company raised its quarterly dividend by 18% to $0.59 per share and authorized an additional $750 million for share repurchases. CDW anticipates increasing its market growth by 200-300 basis points in 2023.
CDW Corporation (Nasdaq: CDW) will host a webcast conference call on February 8, 2023, at 7:30 a.m. CT to discuss its fourth quarter and full year 2022 results. Interested parties can access the webcast, which will include audio and slides, on the investor.CDW.com site. Participants should aim to log in at least 15 minutes beforehand to ensure the necessary software is installed. A replay of the webcast will be available shortly after the call.
CDW, a leading multi-brand IT solutions provider with over $24 billion in net sales for the trailing twelve months ended September 30, 2022, serves customers across the US, UK, and Canada.
CDW Corporation announced key changes to its Board of Directors, with Christine A. Leahy appointed as Board Chair, following her role as CEO since 2019. Under her leadership, net sales grew from
CDW has been awarded the 2022 Global Customer Value Leadership Award by Frost & Sullivan for its excellence in digital transformation services. The recognition highlights CDW's extensive portfolio, which includes cloud, security, and IT solutions, supporting clients through supply chain challenges. With a workforce of 15,000 and $24 billion in net sales over the past year, CDW demonstrates a commitment to customer-centric strategies and innovative technology solutions. This award emphasizes the company's impact on customer retention and value creation in the digital transformation sector.
The inaugural season of UNDERRATED Golf, launched by Stephen Curry, concluded successfully with the Curry Cup on August 30, 2022, at TPC Harding Park, naming Ashley Shaw and Roman Solomon champions. This initiative, aimed at empowering underrepresented youth in golf, involved support from significant corporate partners, including CDW and Cisco, providing training and equipment to 136 junior golfers. The program also addresses gender equity in sports, focusing on educational opportunities and career-building courses through Curry's upcoming 'Curry Academy'.
CDW Corporation (Nasdaq: CDW) announced that CEO Christine A. Leahy and CFO Albert J. Miralles will attend the Credit Suisse 26th Annual Technology Conference on November 29, 2022, at 2:00 PM CT in Scottsdale, Arizona. The session will feature a Q&A format and will be available for live viewing via webcast on investor.cdw.com. An archived version will be accessible for one year post-event. CDW, a Fortune 500 company, reported net sales of approximately $24 billion for the trailing twelve months ended September 30, 2022.
CDW Corporation has declared a quarterly cash dividend of $0.59 per share, payable on December 9, 2022, to stockholders recorded as of November 25, 2022. This reflects an 18% increase compared to last year and represents 25% of the trailing twelve-month Non-GAAP net income through September 30, 2022. The company highlights its commitment to delivering value to stockholders through consistent dividend increases, marking the ninth consecutive year of growth since its IPO in June 2013.
CDW Corporation reported strong third quarter 2022 results, achieving net sales of $6,216 million, a 17.3% increase from last year, aided by the acquisition of Sirius Computer Solutions. Gross profit rose to $1,233 million with a margin of 19.8%. Net income was $298 million, an 11.7% increase, translating to $2.17 per diluted share. The board approved a quarterly cash dividend of $0.59 per share. CDW expects to maintain a premium on U.S. IT market growth between 325 to 425 basis points. Overall, the results underscore CDW's robust business model and adaptability in a dynamic market.
CDW Corporation (Nasdaq: CDW), a leading multi-brand IT solutions provider, has announced a webcast conference call for its third quarter 2022 results. The call is scheduled for November 2, 2022, at 7:30 a.m. CT. Investors can access the live broadcast on investor.CDW.com. The recorded webcast will also be available shortly after the call. CDW, a Fortune 500 company, generated approximately $23 billion in net sales for the trailing twelve months ended June 30, 2022.
CDW Corporation (Nasdaq: CDW), a prominent provider of IT solutions, announced participation in upcoming technology conferences in New York City. Christine A. Leahy, president and CEO, and Albert J. Miralles, CFO, will engage in Q&A sessions at the Citi 2022 Global Technology Conference on September 7, 2022, at 10:15 a.m. CT, and the Evercore ISI Technology Conference on September 8, 2022, at 11:00 a.m. CT. Both sessions will be available for live webcast and archived access on their investor website.