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Thread: Dicks leaving the gun business
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March 12th, 2019, 01:04 PM #1
Dicks leaving the gun business
Dick's Sporting Goods said Tuesday it will stop selling hunting equipment, including rifles and ammunition, at 125 stores and drop Reebok merchandise from its outlets.
Shares of the company were down about 11 percent as Dick's quarterly same-store sales missed Wall Street estimates and full-year profit forecast was largely below.
The retailer of camping supplies, sporting goods and guns tightened its gun sales policy last year in the wake of a high school shooting in Parkland, Florida in February 2018 that put pressure on its hunting business.
After the incident, Dick's was one of the first retailers to ban the sale of guns to people under 21 and on assault rifles and high-capacity magazines.
The retailer will replace the hunting supplies category with some kind of in-demand merchandise, CEO Edward Stack said in conference call. The company has already removed the category in 10 stores.
The company also said it will replace Reebok with a new in-house private label brand before schools reopen, sending shares of rival Nike and Under Armour down about 1-3 percent.
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March 12th, 2019, 01:06 PM #2
Re: Dicks leaving the gun business
Get ready for some clearance guns.
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March 12th, 2019, 01:12 PM #3
Re: Dicks leaving the gun business
All that will be left are golf clubs and Fuzzy bunny slippers, YAY.
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March 12th, 2019, 01:17 PM #4
Re: Dicks leaving the gun business
Emptymag in 3-2-1...
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March 12th, 2019, 01:21 PM #5
Re: Dicks leaving the gun business
The retailer will replace the hunting supplies category with some kind of in-demand merchandise, CEO Edward Stack said in conference call.
Well Mr Stack hunting and outdoor equipment is very in demand these days, just not from a stores run by a virtue signaling douche bag.
Replace it with high end rape whistles, and “safe space” signs since those appear to be the type of people your looking to make your customers.
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March 12th, 2019, 02:04 PM #6
Re: Dicks leaving the gun business
Retired US Army
NRA Life Member, GOA, USCCA
"Artificial intelligence is no match for Natural Stupidity"
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March 12th, 2019, 02:06 PM #7Grand Member
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March 12th, 2019, 02:10 PM #8
Re: Dicks leaving the gun business
Somewhere, in a Walmart out west, EM is doing a little jig, and doesn't know why.
Rules are written in the stone,
Break the rules and you get no bones,
all you get is ridicule, laughter,
and a trip to the house of pain.
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March 12th, 2019, 02:10 PM #9
Re: Dicks leaving the gun business
Nothing like doubling down on an already bad move. That should make a good space for a Starbucks.
Gender confusion is a mental illness
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March 12th, 2019, 02:21 PM #10
Re: Dicks leaving the gun business
What I was going to post can be summed up.
Good!There are two kinds of guns. Those I have acquired, and those I hope to.
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