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Saturday, March 30, 2019

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

Dick’s Sporting Goods’ bottom line took a very big hit after halting the sale of assault-style weapons in response to the Parkland school massacre.

The policy change cost the nation’s largest sporting goods retailer about $150 million in lost sales, about 1.7 percent of annual revenue, Bloomberg News reported Friday.

But boss Ed Stack isn’t complaining.

“The system does not work,” Stack said, according to the news outlet. “It’s important that when you know there’s something that’s not working, and it’s to the detriment of the public, you have to stand up.”

More

https://www.foxnews.com/us/dicks-sporting-goods-reports-150-million-in-lost-sales-after-halting-assault-weapons-sales

13 comments:

  1. Fantastic news. They are snubbing a sport and now they are paying the price.

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  2. You can sit down now, Ed.

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  3. He might not care but you can bet the stock holders care. Time to look for a new job. Commie.

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  4. Serves them right.

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  5. Awwww, that's too bad

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  6. Now they're nothing but pro shops for golf courses, but without the golf course. Won't be long now.....

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  7. Can't buy assault weapons legally in the US unless you have a federal firearms license

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  8. Good...let this bite them in the A$$

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  9. There is no such thing as an assault weapon. Assault is a verb. Weapon is a noun. Idiots. If law abiding gun owners were a problem you would have known it before now because there are millions of them.

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  10. The next store to be leaving our mall is....

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