Press Release: CDW's Sales Increase 13.8 Percent in August 2005; Average Daily Sales Increase 8.9 Percent in August 2005Sept. 13, 2005--CDW Corporation (NASDAQ:CDWC), a
leading provider of technology products and services to business, government and
education, today announced August 2005 sales were $576.8 million, an increase of
13.8 percent compared to August 2004 sales of $506.7 million. Average daily
sales for August 2005 were $25.076 million, an increase of 8.9 percent compared
to average daily sales of $23.030 million for August 2004. There were 23 billing
days in August 2005 and 22 billing days in August 2004.
The corporate and public sector segments both grew
in August 2005. Within the public sector segment, average daily sales grew in
the state and local government, education, and healthcare channels, while
average daily sales in the federal government channel were flat compared to the
prior year. The federal government's fiscal year ends in September.
Product categories that achieved year-over-year
double-digit unit volume growth for the month on an average daily basis included
desktop CPUs, data storage, software, printers, and video.
The Company plans to announce September 2005 sales and
third quarter earnings on Tuesday, October 18, 2005. September 2004 had 21
billing days and September 2005 will have 21 billing days.
Forward Looking Statement
Any forward-looking statements contained in this
release are based on the Company's beliefs and expectations as of the date of
this release and are subject to certain risks and uncertainties which may have a
significant impact on the Company's business, operating results or financial
condition. Should any risk or uncertainty materialize, or should underlying
assumptions prove incorrect, actual results or outcomes may vary materially from
those described in forward-looking statements. Factors affecting the Company's
business and prospects are discussed in the Company's filings with the
Securities and Exchange Commission.
About CDW
CDW(R) (NASDAQ:CDWC), ranked No. 347 on the FORTUNE
500, is a leading provider of technology products and services for business,
government and education. CDW is a principal source of technology from top name
brands such as Adobe, APC, Apple, Cisco, HP, IBM, Microsoft, Sony, Symantec,
Toshiba and ViewSonic.
CDW was founded in 1984 and today employs
approximately 4,000 coworkers. In 2004, the company generated sales of $5.7
billion. CDW's direct model offers one-on-one relationships with knowledgeable
account managers; purchasing by telephone, fax, the company's award-winning
CDW.com web site, customized CDW@work(TM) extranets, CDWG.com web site and
macwarehouse.com web site; custom configured solutions and same day shipping;
and pre- and post-sales technical support, with approximately 120
factory-trained and A+ certified technicians on staff.
For more information about CDW:
Visit CDW on the Internet at http://www.cdw.com. Contact CDW Investor
Relations via the Internet at investorrelations@cdw.com
or by telephone at 847-419-6328.
Posted: Tue - September 13, 2005 at 09:08 AM |