CDW Corporation (CDW) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, Carly. Good morning, everyone. Joining me today to review our first quarter 2025 results are Chris Leahy, our chair and CEO, and Al Morales, our chief financial officer. Our earnings release was distributed this morning and is available on our website, investor.cdw.com, along with supplemental slides that you can use to follow along during the call. I'd like to remind you that certain comments made in this presentation are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. Those statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Additional information concerning these risks and uncertainties is contained in the earnings release in form 8K refurnished to the SEC today and in the company's other filings with the SEC. CDW assumes no obligation to update the information presented during this webcast. Our presentation also includes certain non-GAAP financial measures, including non-GAAP operating income, non-GAAP operating income margin, non-GAAP net income, and non-GAAP earnings per share. All non-GAAP measures have been reconciled to the most directly comparable GAAP measures in accordance with SEC rules. You'll find reconciliation charts in the slides for today's webcast and in our earnings release and Form 8K. Please note, all references to growth rates or dollar amounts changes in our remarks today are versus the comparable period in 2024 with net sales growth rates described on an average daily basis unless otherwise indicated. Steve Maniscalco, replay of this webcast will be posted to our website later today, I want to remind you all that this conference calls property of cdw and may not be recorded or rebroadcast without written specific writt...