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 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.
CDW (Nasdaq: CDW) has announced the appointment of Carolyn A. Wiesenhahn as chief people officer and senior vice president of coworker services, effective September. Wiesenhahn, formerly of CVS Health, brings over 20 years of experience in human resources and diversity initiatives. CEO Christine A. Leahy highlighted that Wiesenhahn's expertise will enhance CDW's ability to attract and retain talent, crucial for its sustainable growth. CDW, a leading IT solutions provider with approximately $23 billion in net sales for the trailing twelve months ended June 30, 2022, employs 14,600 coworkers.
CDW Corporation has declared a quarterly cash dividend of $0.50 per common share. This dividend will be paid on September 9, 2022, to stockholders recorded as of August 25, 2022. Since its IPO in June 2013, CDW's dividend has increased over tenfold, returning approximately $5.4 billion to shareholders. The company is focused on utilizing cash flow post-dividends to meet its net leverage target by the end of 2022.
CDW Corporation (Nasdaq: CDW) reported second quarter 2022 net sales of $6.15 billion, up 19.4% from Q2 2021, driven by strong demand across all segments. Gross profit reached $1.17 billion, a 32.3% increase, with a robust gross margin of 19.0%. Net income was $279 million, up 1.9%, with diluted EPS rising 5.6% to $2.04. CDW plans to pay a $0.50 quarterly dividend on September 9, 2022. The company expects to exceed its 2022 growth outlook, anticipating a **200-300 basis point** outperformance over US IT market growth.
CDW Corporation (Nasdaq: CDW) will host a webcast conference call on August 3, 2022, at 7:30 a.m. CT to discuss its second quarter 2022 results. Interested parties can access the live audio webcast at investor.CDW.com. The press release and presentation slides will be available on the website before the call. CDW, a Fortune 500 company, generated approximately $22 billion in net sales for the twelve months ending March 31, 2022.
CDW (Nasdaq: CDW) announced the appointment of Anand Rao as chief marketing and digital officer and Michael Drory as senior vice president of strategy and corporate development. Both will be part of the executive committee reporting to Sona Chawla, chief growth and innovation officer. Rao previously held significant roles at AutoNation, McKinsey & Company, and IBM, while Drory comes from ADT Security Services and has a strong background with McKinsey. CDW generated $22 billion in net sales for the trailing twelve months ended March 31, 2022.
CDW Corporation (Nasdaq: CDW), a top IT solutions provider, will have its CEO, Christine A. Leahy, participate in a Q&A session at the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference. The event takes place on May 24, 2022, at 8:30 a.m. CT in Boston, Massachusetts. Interested parties can access a live webcast at investor.cdw.com, with an archived version available for one year post-event. CDW generated approximately $22 billion in net sales for the trailing twelve months ended March 31, 2022.
CDW Corporation has declared a quarterly cash dividend of $0.50 per common share, payable on June 10, 2022, to all stockholders of record as of May 25, 2022. The company has increased its dividend more than 10-fold since its IPO in June 2013, returning approximately $5.3 billion to shareholders via dividends and share repurchases. CDW aims to use cash flow after dividends to reduce debt, targeting a net leverage ratio of 2.5 to 3.0 times by the end of 2022.