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CDW Corp - CDW STOCK NEWS

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.

Overview of CDW Corp

CDW Corp (NASDAQ: CDW) is a prominent multi-brand provider of integrated information technology (IT) solutions, serving a diverse customer base across the United States, Canada, and the United Kingdom. The company’s offerings cater to businesses of all sizes, government agencies, educational institutions, and healthcare organizations. With its extensive portfolio of hardware, software, and IT services, CDW plays a pivotal role in enabling organizations to harness technology effectively to achieve their goals.

Core Business Areas

CDW’s business model is built on delivering comprehensive IT solutions that address the complex needs of its clients. Its solutions span several key areas:

  • Hybrid Infrastructure: CDW provides on-premise and cloud-based solutions, enabling organizations to create flexible and scalable IT environments.
  • Digital Experience: The company focuses on enhancing user experience through cutting-edge technology, including collaboration tools and mobility solutions.
  • Security: CDW offers robust cybersecurity solutions to protect organizations from evolving threats, ensuring data integrity and compliance.
  • Managed Services: These services help clients optimize their IT operations by outsourcing complex tasks such as network management and cloud monitoring.

Market Segments

CDW operates through five distinct segments to address the unique needs of its diverse clientele:

  • Corporate: Serving private-sector businesses in the United States, this segment generates the majority of CDW’s revenue.
  • Small Business: Focused on providing tailored IT solutions for smaller organizations with unique resource constraints.
  • Public: Catering to government, education, and healthcare sectors, this segment addresses the specialized compliance and operational requirements of public entities.
  • CDW UK: Expanding the company’s reach to the United Kingdom, offering localized IT solutions.
  • CDW Canada: Supporting Canadian organizations with a comprehensive range of IT products and services.

Competitive Position

CDW operates in a competitive landscape that includes major players such as Insight Enterprises and SHI International. Its competitive edge lies in its ability to offer a one-stop shop for IT needs, supported by a robust supply chain, deep vendor relationships, and a highly skilled workforce. By combining a broad product portfolio with specialized services, CDW provides end-to-end solutions that differentiate it from competitors.

Revenue Streams

CDW generates revenue through the sale of discrete IT products, including hardware and software, as well as through value-added services such as consulting, implementation, and managed IT solutions. Its hybrid approach allows the company to capture value across the IT lifecycle, from initial procurement to long-term management and optimization.

Industry Context

The IT solutions industry is characterized by rapid technological advancements and increasing demand for digital transformation. Organizations across all sectors are seeking ways to modernize their IT infrastructure, enhance security, and improve operational efficiency. CDW is well-positioned to capitalize on these trends, leveraging its expertise and extensive partner ecosystem to deliver innovative solutions that meet evolving market needs.

Conclusion

CDW Corp is a vital player in the IT solutions industry, offering a comprehensive range of products and services that empower organizations to navigate the complexities of modern technology. Its segmented approach, robust service offerings, and strong market presence make it a trusted partner for clients across various sectors. For investors and analysts, CDW represents a compelling opportunity to engage with a company at the forefront of IT innovation and integration.

Rhea-AI Summary
CDW Corporation (Nasdaq:CDW) announced fourth quarter and year end 2023 results, with net sales of $5,018.5 million for the quarter and $21,376.0 million for the year. The company reported a 7.7% decrease in net sales for the quarter and a 10.0% decrease for the year. However, strong margins and disciplined capital allocation led to an increase in earnings per diluted share for the quarter and record cash flows from operations for the year. The company also announced a $750 million increase to its share repurchase authorization and a 5% increase in quarterly cash dividends. CDW remains well-positioned to outpace US IT market growth by 200 to 300 basis points in 2024.
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CDW Corporation (Nasdaq: CDW) will host a webcast conference call to discuss its fourth quarter and full year 2023 results on February 7, 2024. The leading multi-brand provider of information technology solutions will provide a live webcast accessible at investor.CDW.com and a taped replay on the website shortly after the call.
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CDW Corporation (Nasdaq: CDW) Announces Participation in UBS Global Technology Conference - CDW's CEO and CFO will join a Q&A session at the UBS Global Technology Conference, to be webcast live and available for 180 days on investor.cdw.com.
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CDW Corporation has announced a quarterly cash dividend of $0.62 per common share, representing a 5 percent increase over last year's dividend. The dividend will be paid on December 12, 2023, to stockholders of record as of November 24, 2023. This marks the tenth consecutive year of dividend increases since CDW's IPO in 2013.
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CDW Corporation (Nasdaq: CDW) announced its third quarter 2023 results, reporting a decrease in net sales of 9.4% compared to the same period last year. However, the company achieved record margins, with gross profit margin increasing to 21.8% and operating income margin reaching 8.5%. Net income per diluted share increased by 6.9% to $2.32. CDW also approved a quarterly cash dividend of $0.62 per share.
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CDW Corporation to host webcast conference call to discuss Q3 2023 results
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CDW Canada's 2023 Hybrid Cloud Report reveals that Canadian CEOs expect nearly half of their organization's revenue to come from digital products, services, or experiences in the next five years. However, Canadian public cloud IT spending needs improvement as 18% of spending annually is not being maximized. Organizations are turning to Financial Operations (FinOps) to optimize cloud spending, with 55% having a dedicated team. Challenges include optimizing cloud spend, allocating costs correctly, and understanding cloud price models. Canadian organizations are increasingly adopting hybrid, multicloud environments for compute and storage capacity. External-facing business objectives include reducing costs and supporting personalized customer engagement, while internal-facing objectives focus on improving staff productivity and cybersecurity. Canadian organizations need to address concerns around management, governance, security, and data protection in these environments. Working with an external IT partner can help mitigate these challenges and maintain a secure cloud environment.
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CDW Corporation (Nasdaq: CDW) declares a quarterly cash dividend of $0.59 per common share, reinforcing its commitment to delivering value to stockholders. The company's capital allocation strategy has resulted in a 10-fold increase in dividends since its IPO in June 2013, returning approximately $6.1 billion to stockholders through share repurchases and dividends.
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CDW Corporation (Nasdaq: CDW) announced second quarter 2023 results, with net sales decreasing by 8.5% compared to the same period last year. Gross profit increased by 1.1% and operating income decreased by 5.3%. The company also approved a quarterly cash dividend of $0.59 per share.
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CDW Corporation (Nasdaq: CDW) announced the addition of Kelly J. Grier to its board of directors. Grier, former US Chair and Managing Partner of Ernst & Young LLP, brings extensive experience in global macroeconomic trends, financial reporting, and DEI leadership.
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FAQ

What is the current stock price of CDW (CDW)?

The current stock price of CDW (CDW) is $172.5 as of March 3, 2025.

What is the market cap of CDW (CDW)?

The market cap of CDW (CDW) is approximately 23.4B.

What does CDW Corp do?

CDW Corp provides IT solutions, including hardware, software, and managed services, to businesses, government, education, and healthcare sectors.

What industries does CDW serve?

CDW serves industries such as business, government, education, and healthcare, providing tailored IT solutions for each sector.

How does CDW generate revenue?

CDW earns revenue through the sale of IT products and value-added services like consulting, implementation, and managed IT solutions.

What are CDW’s key market segments?

CDW operates in Corporate, Small Business, Public (government, education, healthcare), CDW UK, and CDW Canada segments.

What makes CDW competitive in the IT industry?

CDW’s competitive edge lies in its broad product portfolio, end-to-end IT solutions, strong vendor relationships, and skilled workforce.

What types of IT services does CDW offer?

CDW offers services like hybrid infrastructure solutions, cybersecurity, managed IT services, and digital experience enhancements.

Where does CDW operate?

CDW operates in the United States, Canada, and the United Kingdom, serving clients across these geographies.

What is CDW’s role in digital transformation?

CDW helps organizations modernize their IT infrastructure and enhance operational efficiency through innovative technology solutions.
CDW Corp

Nasdaq:CDW

CDW Rankings

CDW Stock Data

23.41B
131.88M
0.31%
95.96%
2.36%
Information Technology Services
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