CDW is trading 10.13% up at $164.94 after third-quarter results beat estimates.
- Sales rose 17.7% to $6.75 billion; adjusted EPS was $3.26, with servers, storage, notebooks and software contributing to growth.
- Management raised its 2026 outlook for low-double-digit non-GAAP EPS growth and expects CDW to outpace U.S. IT market growth.
- Gross margin narrowed to 20.5% from 21.9%, partly due to product mix; the broader market is also sharply higher, though earnings are the clearest company-specific catalyst.