Dick’s Sporting Goods reports $150 million in lost sales after halting assault-weapons sales

[Deplorable Me]

Dick’s Sporting Goods reports $150 million in lost sales after halting assault-weapons sales

Gun owners need to think like this on election day.

 

[Modean]

 

[Tinman]

GOOD

 

[misunderestimated]

WHO?

 

[Calculon]

I love when these virtue-signaling libs reap the rewards of their self-righteousness. Stockholders should demand CEO’s head.

 

[Bustedknees]

They claim it's only a 2% loss of total sales.. I've never bought weapons from a big box store but most once a year hunters do..

 

[GOYABEAN]

decisions create karma

 

[gun_slinger_boy]

They claim it's only a 2% loss of total sales.. I've never bought weapons from a big box store but most once a year hunters do..

Really not a big deal to them. They grossed 8.59 billion last year. They grossed 6.81 billion in 2015. So they actually made 1.78 billion more in just 3 years. 8.4% increase in sales. I know it may feel good to know that they were hurt by not selling firearms but it's negligable. Guns are a very small part of their sales. This is just like Nike and Kaepernick. This little stunt may have actually boosted their sales. As the saying goes there is no such thing as bad publicity.

 

[RDN]

I've been boycotting Dick's since 2013 after Sandy Hook, when Dick's decided to punish law abiding citizen (gun owners)

 

[Bustedknees]

Just read an article that said Dick's CEO is on Bloomberg Everything for Gun Safety board.

 

[Bustedknees]

Dick’s Sporting Goods Considering Pulling All Guns from Stores

 

[masterswimmer]

Dick’s Sporting Goods Considering Pulling All Guns from Stores

No date on that article. Seems like it's an oldie but goodie.

 

[Bustedknees]

No date on that article. Seems like it's an oldie but goodie.

nope, fresh news..
Dick's Sporting Goods is testing if it should stop selling guns - CNN

 

[masterswimmer]

Seems like pulling out of the firearms market should have no affect on the Dick's. I don't know anyone who makes firearms purchases there anyway.

 

[FrankenCub]

Seems like pulling out of the firearms market should have no affect on the Dick's. I don't know anyone who makes firearms purchases there anyway.

That might be why they're considering this, no sales. Everyone I know won't even go there for a hunting license.

 

[Carlos Hathcock]

Good. Dicks can be the place people go for a dozen goofballs and overpriced form fitting jerk off wear.

 

[holdover]

Most men don't like Dicks

 

[NassauBob]

[QUOTE="masterswimmer, post: 589528, member: 472"

]No date on that article. Seems like it's an oldie but goodie.[/QUOTE]

page address has date_ 2019/08/dicks-sporting-goods-considering-pulling-all-guns-from-stores

 

[Blimey]

Dick’s Sporting Goods Considering Pulling All Guns from Stores

Virtue signaing.

Then across the street you go to field and stream, which is owned by dicks

 

[Calculon]

Gun sales are already in the toilet at DSG so why not? They can make a public statement/virtue signal by eliminating a line be that isn’t selling anyway. Marketing spin. Doesn’t look like the loss of gun owners will cause them too much grief.

 

[Jmac00]

so I looked up Dicks Sporting Goods (DKS) on TDAmeritrade. since they decided to go 'gunless' there stock went for $60/share in Dec. 2016 to $30/share today

since their self-imposed gun ban, their stock has been floating between $30/share to $40/share with no indication that it will move any higher as over-all sales drop.

If they ban ALL hunting equipment, I would suspect their stock to continue to retreat

 

[camper4lyfe]

Well they own Field and Stream, so it's not really a loss.

 

[speedkills27]

Virtue signal to the liberal golfers and joggers but all they're really doing is moving inventory to Field and Stream and compartmentalizing/specailizing each retail outlet