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Dick’s Says Under Armour, New Gun-Sales Policy Dragged on Results
The Wall Street Journal ^ | August 29, 2018 | Allison Prang

Posted on 08/30/2018 2:15:50 AM PDT by abb

Dick’s Sporting Goods Inc. DKS -2.17% said weaker sales of Under Armour Inc. apparel and a decision to pull back from the hunting business dragged on the retailer’s latest quarterly results.

Comparable-store sales fell 4%, Dick’s said. Not adjusting for the 53rd week last year, the company’s same-store sales declined 1.9%.

Dick’s said part of the company’s sales problems were a result of Under Armour’s decision to sell in more stores including Kohl’s. Under Armour declined to comment.

Also hurting sales was Dick’s decision to tighten its policy on gun sales after 17 people were killed in a February shooting at a Parkland, Fla., high school. The retailer halted sales of any firearms to people under age 21 at all of its 845 Dick’s and Field & Stream stores and stopped selling assault-style weapons at Field & Stream.

Under Armour’s results accounted for three percentage points of declining sales at Dick’s, while weakness in the hunting and electronics categories contributed two percentage points of decline. When excluding Under Armour and the hunting and electronics business, comparable-store sales fell 1%.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: banglist; dicks; guns; retail; sales
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To: abb

Dick’s has a huge store in the Richmond area, which is closing.


21 posted on 08/30/2018 4:37:10 AM PDT by Captain Jack Aubrey (There's not a moment to lose.)
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To: abb

Dix Sux.


22 posted on 08/30/2018 4:45:11 AM PDT by Fightin Whitey
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To: abb

If there was no other place around to buy guns, Dicks might get away with some of their negative 2A rules...but, there are plenty of places to buy guns.

Commercial outlets - who depend on the public to survive - seem to think they are an arm of some socialist government, and can dictate policy and rearrange the Constitution.

Dicks...you’re not THAT famous, you’re NOT the government, and you’re NOT going to be selling near as many guns as you might have in the past.

Boycott them.


23 posted on 08/30/2018 4:49:32 AM PDT by FrankR (IF it wasn't for the "F-word", and it's deritiives, the left would have no message at all.)
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To: abb

Cabella’s sells UA geared towards hunting. How have their sales been, Dick’s?


24 posted on 08/30/2018 4:58:27 AM PDT by LoveUSA (God employs Man's strength; Satan exploits Man's weakness.)
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To: Morpheus2009

RESPECT!

Was taught and enforced in public, at school, and at home!


25 posted on 08/30/2018 5:01:06 AM PDT by Taxman (We will never be a truly free people so long as we have the income tax and the IRS.)
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To: abb

Perhaps they’ll go out of business?


26 posted on 08/30/2018 5:01:40 AM PDT by Taxman (We will never be a truly free people so long as we have the income tax and the IRS.)
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To: abb

Dick’s Sporting Goods making excuses for their losses in a booming economy.. Maybe they should call Rosie O’Donnell... She did wonders for K-Mart..(snort)


27 posted on 08/30/2018 5:09:14 AM PDT by unread (Joe McCarthy was right.......)
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To: Morpheus2009
"back in the 1950s kids did target practice with rifles and arrows and mass murder in school hardly ever happened. Wonder why?"

I went to a two room country school, back in the 50s. We had a strict gun policy: Anyone bringing a gun to school had to unload it, and leave it in the coat room. Part of the reason for this was because there were some in the school who could only get meat for supper if they shot it on the way home.

No one dared to shoot up a school then - there were too many who would shoot back.

28 posted on 08/30/2018 5:10:17 AM PDT by norwaypinesavage (The stone age didn't end because we ran out of stones.)
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To: ZULU

+1


29 posted on 08/30/2018 5:12:16 AM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: abb

You’d think Dick’s Sporting Goods would have learned the lesson of Target, who is only now finally starting to recover from their bathroom policy PR fiasco, only because the improved US economy is driving more customers into their stores in the first place.


30 posted on 08/30/2018 5:32:09 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: Morpheus2009
"You know, back in the 1950s kids did target practice with rifles and arrows and mass murder in school hardly ever happened. Wonder why?"

This is what happens when afer a generation of children are given "participation trophies" for losing, i.e. they don't know how to cope with and overcome failure ...

31 posted on 08/30/2018 5:42:00 AM PDT by SecondAmendment (This just proves my latest theory ... LIBERALS RUIN EVERYTHING!)
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To: ChiMark

Love Under Armour for my boys. Durable clothes that last the entire school year and still look good. Buy them from the direct outlet store.

Dicks can stuff it. Used to buy a lot of things there. Haven’t been back since they made their announcement.


32 posted on 08/30/2018 5:42:38 AM PDT by TheWriterTX (Trust not in earthly princes....)
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To: snoringbear

“I haven’t been in a Dicks store in several years and have no intention to go in one in the future, ever....”...…….

Well I have NEVER been in a “Dick’s” store and have the same intentions...…..I DID drive past one though.


33 posted on 08/30/2018 5:51:15 AM PDT by DaveA37
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To: abb

P-poor judgement leads to P-Poor results - at a time when everybody else is prospering!


34 posted on 08/30/2018 6:27:42 AM PDT by rockrr ( Everything is different now...)
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To: abb
Dick’s Says Under Armour, New Gun-Sales Policy Dragged on Results

Dick's is reaping the rewards of their CEO wading into politics on the side of the leftists. Let them wallow in it. I hope they go bankrupt.

35 posted on 08/30/2018 6:37:19 AM PDT by The Sons of Liberty ('DEPLORABLE' Charter Member of The Vast Right Wing Conspiracy - and DAMN Proud of it!.)
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To: abb

Since they jumped on the Gun Grabber bandwagon I sent them a note telling them MY new policy is that I will never do business with them ever again.

Being Dicks to your customers has consequences.


36 posted on 08/30/2018 6:39:28 AM PDT by FLT-bird
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To: abb

Dickies, don’t forget your contributions to fund lobbying against the 2nd amendment. Haven’t darkened your door since I learned about that . . . and won’t. This country is better off without you.


37 posted on 08/30/2018 7:01:57 AM PDT by RatRipper (Unindicted co-conspirators: the Mainstream Media and the Democratic Party)
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To: abb

Well, well. They’ve finally been forced to admit it.

(Don’t forget the kneeling NFL cretins too. The average Dick’s store is stuffed to the rafters with NFL logo apparel and merchandise.)


38 posted on 08/30/2018 7:22:10 AM PDT by Buckeye McFrog
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To: jarwulf

By the way, piss OFF the LEFTIST Censors. FREE 3-D printed gun blueprints here, so download all 10 or so!

https://www.codeisfreespeech.com/


39 posted on 08/30/2018 9:08:45 AM PDT by 2harddrive (Go to www.CodeIsFreeSpeech.com for 10 FREE 3D-printer gun blueprints!)
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To: abb
Dick's is dead. They don't want our business, hence they don't deserve our business.

Have fun going broke.

40 posted on 08/30/2018 9:09:12 AM PDT by Jmouse007 (Lord God Almighty, deliver us from this evil in the name of our Lord and Savior Jesus Christ, amen.)
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