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In remarks made to the Goldman Sachs Retailing Conference and first reported by the Washington Free Beacon, CEO Edward Stack explained that the 3.9 percent decline in the company’s sales during the third quarter could be partially attributed to its ban on the sale of assault-style rifles and on the sale of all firearms to customers under 21 years old — both of which were implemented in the wake of the Parkland shooting in February.
“Well I think it’s definitely a factor, and it’s nothing that we didn’t anticipate,” Stack said of the sales downturn during the call. “As we put out kind of our guidance for the year and our earnings guidance for the year, we knew this would happen when — we’ve made some decisions on firearms in the past and we’ve had a pretty good idea of what these consequences were going to be. We felt that was absolutely the right thing to do. We would do the same thing again if we had a mulligan, so to speak, to do it again.”
In addition to the firearm-purchasing restrictions, Dick’s also hired a number of Washington, D.C. lobbyists in May to advocate for more-stringent gun-control regulations. Taken together, the restrictions and the lobbying effort led the National Shooting Sports Foundation to expel Dick’s and caused a number of major gun manufacturers to sever ties with the retailer — developments that Stack admitted were detrimental to its third-quarter performance.
bearingarms.com
I haven't set foot in a Dick's since they quit selling them. I quit going to Walmart in CA for the same reason.Go woke, go broke.
Why spend money at any business that will use those profits to actively attempt to reduce any of our rights?
No one has reduced US citizens' rights for the 2nd Amendment.Go woke, go broke.
Why spend money at any business that will use those profits to actively attempt to reduce any of our rights?
Good…..stupid decisions deserve to be punished…
And it’s biting it right in the kiester, too.
Dick's May Have To Close Stores Due To Anti-Gun Decisions
Really? So I can go out today, purchase & bring back a fully automatic weapon?No one has reduced US citizens' rights for the 2nd Amendment.
YetNo one has reduced US citizens' rights for the 2nd Amendment.
Dick's revenue started declining in 2017, and then in 2018, they forced all their stores to stop selling AR-15 and similar weapons. ... and their revenues continued to slide year after year.
They stopped selling them in 2018 (I believe they destroyed them all), and even provided Dick's gift cards to those who had them on layaway. I don't think they have any .. that was 5 years ago.I wonder if Dick's will have a fire sale on the AR15s they still have in their warehouse before they close for good.
whats that got to do with the op thats about bad business policies ?No one has reduced US citizens' rights for the 2nd Amendment.
Long ago, they should have changed their name to “Pussy's”.
Really? So I can go out today, purchase & bring back a fully automatic weapon?
