- Feb 12, 2007
- 59,384
- 24,019
- 2,290
You should have checked their stock price before making a public fool of yourself.Oopsie! Getting woke and going broke! Same store sales drop 6% due to the anti-gun policy.
Sales at Dick's Sporting Goods dropped in the past three months amid backlash against tighter gun-sale restrictions following a mass killing early this year at a Florida high school.
Revenue dipped 4.5 percent to $1.86 billion amid challenges in the company's hunting business during the quarter through Nov. 3. Sales at stores open at least 12 months – a key metric for the retail industry – fell 6.1 percent compared to the prior year.
Dick's Sporting Goods admits suffering gun policy backlash as sales slide
Despite lower sales, cost management and a higher margin helped the Pittsburgh-based sporting goods chain boost profit 2.5 percent to $37 million. Stack is investing in new bricks-and-mortar stores, opening six in the quarter, and bolstering the firm's e-commerce business, where sales climbed 16 percent.
If they are going to rely on the Moon Bats to be their purchasing base then they will be lucky to get 2.5% growth in a booming economy.
Moon Bats are usually on welfare and can't afford Dick's bloated prices.
Dick's stock price is 26 percent higher than a year ago.
The predicted crash in their stock price by tards like yourself didn't happen.
A lot of stocks are higher than a year ago. They've been downgraded and are going go fall further.