CDW Corporation (CDW) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, Carly. Good morning, everyone. Joining me today to review our third quarter 2025 results are Chris Leahy, our Chair and Chief Executive Officer 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 the 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 we furnished 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. non-GAAP measures have been reconciled to the most directly comparable GAAP measures in accordance with SEC rules. You'll find the reconciliation charts in the slides for today's webcast and in our earnings release in Form 8-K. Please note all references to growth rates or dollar amount changes in our remarks today are versus the comparable period in 2024 when net sales growth rates described on an average daily basis unless otherwise indicated. Steve Monowitz, replay of this webcast will be posted to our website later today, I want to remind you that this conference calls the property of cdw and may not be recorded or rebroadcast without sp...