CDW's Average Daily Sales Increase 9.6 Percent in November 2004.VERNON HILLS, Ill. -- CDW CDW - data warehouse Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CDWC CDWC Computer Discount Warehouse (stock symbol) ), a leading provider of technology products and services to business, government and education, today announced average daily sales for November 2004 were $22.033 million, an increase of 9.6 percent compared to average daily sales of $20.109 million for November 2003. Total sales for November 2004 were $462.7 million based on 21 billing days. Total sales for November 2003 were $382.1 million based on 19 billing days. Both the corporate and public sector segments grew in November 2004. Product categories that achieved year-over-year double digit Noun 1. double digit - a two-digit integer; from 10 to 99 integer, whole number - any of the natural numbers (positive or negative) or zero; "an integer is a number that is not a fraction" unit volume growth for the month included notebook CPUs, desktop CPUs, server CPUs, software, data storage, and video. "During the month of November 2004, we achieved a new year-to-date milestone by surpassing the $5 billion mark in sales for the year," said John A. Edwardson, chairman and chief executive officer. "To reach our goals of gaining market share and growing profitably, we have continued to build upon our core competencies, develop new initiatives, and increase productivity." The Company plans to announce December 2004 sales and fourth quarter earnings on Tuesday, January 25, 2005. December 2003 had 21 billing days and December 2004 will have 22 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. 376 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 (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. , Apple, Cisco, HP, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Microsoft, Sony, Symantec, Toshiba and ViewSonic. CDW was founded in 1984 and today employs approximately 3,800 coworkers. In 2003, the company generated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of approximately $4.7 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 CDWG Computer Discount Warehouse Government CDWG Collection Development Working Group CDWG Controls and Displays Working Group .com web site and macwarehouse.com web site; custom configured solutions and same day shipping; and pre- and post-sales technical support, with more than 100 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 Investor relations The process by which the corporation communicates with its investors. via the Internet at investorrelations@cdw.com or by telephone at 847-371-2262. |
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