DemandSMB was a standout, growing 14.2% year-over-year, and management expects continued resilient demand from this group in the coming quarters.
EarningsNet sales increased 9.8% year-over-year in constant currency to $5.98 billion, coming in 8% ahead of consensus forecast despite no impact from pull-forwards caused by tariffs.
Financial PerformanceGross profit increased 5% year-over-year to $1.24 billion, above expectations, driven by refresh cycle strength, productivity initiatives, and robust expansion in large infrastructure projects.