Dick’s Sporting Goods Lost Millions Over Anti-Gun Policies – Here’s How Much The Backlash Cost

dailycaller.com ^ | 3/29/2019 | Molly Prince

[rktman]

Dick’s Sporting Goods took a loss of an estimated $150 million in sales last year after the company heavily restricted firearm purchases and began advocating for gun control.

The company made various policy changes after a school shooting in Parkland, Florida, left 17 dead. It announced it would no longer sell modern sporting rifles or high-capacity magazines and increased the purchase age for all firearms to 21.

Dick’s also hired anti-gun lobbyists to promote gun restriction legislation, despite saying it still supports the Second Amendment.

“The system does not work,” said Edward Stack, Dick’s CEO. “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.”

[rktman]

Awwwww! Well, we told them not to be 'dicks' but they didn't listen. Chapter 11 in ..........

[PROCON]

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[Seaplaner]

I never take pleasure in someone else's pain.

Oh, well, I'll make this one teensy exception...

...Neener--neener!

.

[LeoWindhorse]

I am curious how , if at all , Hertz Rental Car has paid for it’s dissing and rejection of it former relationship with the NRA and NRA members renting from Hertz ?

Hertz has really been coming apart since Kathryn Marinello took over as CEO in 2017 . Reservations tanking , managers lay-off’s company wide . And the hard tilt to the Left with the anti NRA embarrassment thing . They used to be Number 1 , but now the competition is cleaning their clock .

Is all that OK with their stockholders ? Let along the car renting public .

[Secret Agent Man]

They said it wouldn’t hurt them.

[Entropy Squared]

If I were a CEO and one of my underlings approached me with an idea that would cost me a large percentage of my customers he’d be fired before he left my office. If he wasn’t fired, I should be fired.

[Entropy Squared]

If I were a CEO and one of my underlings approached me with an idea that would cost me a large percentage of my customers he’d be fired before he left my office. If he wasn’t fired, I should be fired.

[fuente]

CEO should be shit-canned. Any Board member objecting should also be gone. They have hurt the company and investors.

[Reno89519]

Killing off his company, losing $150 million.

[HiTech RedNeck]

Dick’s thought they were riding on the soccer mom market.

[Steely Tom]

They said it wouldn’t hurt them.

The lied. That's what leftists do, because that's what leftism is.

[Rastus]

And hold onto your butts because now they dumped hunting rifles in their latest signaling of virtue.

[TomGuy]

“The system does not work,” said Edward Stack, Dick’s CEO. “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.”

The system does not work because of the absence of ways to deal with 'crazy'. In nearly every shooting incident, the perpetrators were, for all intents and purposes, 'crazy'. Several of them had already been 'flagged' by school counselors and/or trained therapists. But, they continued to be 'mainstreamed'.

The problem with many of the knee-jerk resolutions is that they are feelgoodism band-aides.

[rktman]

If you read the "hole" piece, it sort of indicates their A-otay and it was worth it to "do the right thing". I'm doing the right thing and never shopping there. 👍🏼👹💸

[Fiddlstix]

Click the Pic

[Reno89519]

My money goes elsewhere as well. They opened a store in Reno just before this nonsense. Hasn’t gone out of business yet but the few times I’ve seen the area, it appears empty. Almost like Target, not sure how they stay in business.

[wjcsux]

You do stupid crap and you reap the rewards.

[Impala64ssa]

[higgmeister]

Edward Stack, Dick’s CEO, should be fired by its Board of Directors. He should be sued by the shareholders for abrogating his fiduciary duties with deliberate and reckless misconduct.

[21twelve]

$150 million in sales.

Of course they didn’t have to buy the weapons to stock in their stores.

Their annual sales in 2017 was $7.3 Billion. $150 million isn’t that big of a deal I wouldn’t think.

They are still dicks though.