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Dick’s Sporting Goods Lost Millions Over Anti-Gun Policies – Here’s How Much The Backlash Cost
dailycaller.com ^ | 3/29/2019 | Molly Prince

Posted on 03/29/2019 8:43:01 PM PDT by rktman

click here to read article


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To: 21twelve
Oops! Please disregard my #39. Apparently, I need to clean my reading glasses. You're right, the lost sales are a small fraction of total sales. Still, this hurts their bottom line by a greater percentage. They now have to amortize fixed costs over a smaller sales base. Layoffs, and even some store closures are not out of the question. A lower return on equity will discourage investors.
41 posted on 03/29/2019 11:37:41 PM PDT by USFRIENDINVICTORIA
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To: Reno89519
Killing off his company, losing $150 million.

You're missing the point. He used shareholder wealth to signal how virtuous he is and that's what matters.

42 posted on 03/29/2019 11:39:53 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: rktman

Ed Stack and his board do not care

Like Hollywood moguls willing to make losing political films to make a point


43 posted on 03/29/2019 11:43:58 PM PDT by wardaddy (If we donÂ’t get some high ranking convictions from this failed coup....then they still won)
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To: 21twelve

It doesn’t work like that. Guy goes in for a rifle, he might buy a jacket, boots, fishing pole, camping equipment. Then in off season he buys weights, running shoes etc.

Only now, he don’t go there for his rifle. He thinks Dicks dislikes him. He never buys all that other stuff. It’s like that.


44 posted on 03/29/2019 11:51:09 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: rktman

Because they are dicks...?


45 posted on 03/29/2019 11:52:57 PM PDT by northislander
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To: Impala64ssa

I don’t get it. Can you explain what is supposed to be funny about Ellen Degeneres suddenly liking Dicks. She is liberal, right? She would of course like it.


46 posted on 03/30/2019 12:07:54 AM PDT by gunsequalfreedom
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To: gunsequalfreedom

She likes girls.


47 posted on 03/30/2019 12:32:17 AM PDT by Boomer (Islam and the democrats are the biggest threats to the American way of life.)
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To: LeoWindhorse

#4. That’s why they renamed themselves “Hurts”.


48 posted on 03/30/2019 12:35:35 AM PDT by MadMax, the Grinning Reaper
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To: MadMax, the Grinning Reaper

leave it to a woman CEO to really screw things up


49 posted on 03/30/2019 12:49:11 AM PDT by LeoWindhorse
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To: higgmeister

Well said!


50 posted on 03/30/2019 1:10:02 AM PDT by Maudeen (JESUS . . .The United States of America's ONLY Hope)
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To: LeoWindhorse

I guess she really don’t know DICK about sporting goods and fire arms.


51 posted on 03/30/2019 1:22:29 AM PDT by MadMax, the Grinning Reaper
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To: PGR88

Get yourself a Remington 870 shotgun and 300 rounds of buckshot and 100 rounds of rifled slugs. Just put them away in a safe place. One day you might be very glad you did.


52 posted on 03/30/2019 1:35:49 AM PDT by Lockbar (What would Vlad The Impaler do?)
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To: Boomer

Ellen likes anything that starts with “P”:

https://www.youtube.com/watch?v=EAaKj07bmDk


53 posted on 03/30/2019 1:55:52 AM PDT by JohnnyP (Thinking is hard work (I stole that from Rush).)
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To: rktman

They lived up to their name DICK


54 posted on 03/30/2019 2:14:29 AM PDT by ronnie raygun (nic dip.com)
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To: HiTech RedNeck
Dick’s thought they were riding on the soccer mom market.

DKS views shooters and hunters as one-dimensional people. While not a soccer mom, I was a lacrosse dad a basketball dad and a soccer dad (Mrs. NY is not athletically inclined) I also play golf.

So, besides losing my hunting and shooting business, DKS has lost my golf and athletic wear business.

55 posted on 03/30/2019 2:29:13 AM PDT by NY.SS-Bar9 (Those that vote for a living outnumber those that work for one.)
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To: DesertRhino

I get that - I wouldn’t shop at a Dick’s either - it’s just that $150,000,000 million in sales with $7,300,000,000 last year, it is only down 2%. I have know idea what their profit margin is - but say 20%? So profits are down 0.4%???

Or - they may have jacked up their other prices to cover it?

In finding the information on Dicks it had the CEO talking and it was easier to hear than read. Something like “Thoughts and prayers really don’t do anything. So we decided to do something.”

So silly - as though them taking some of their weapons off the shelf is really going to accomplish anything with regards to folks going out and committing a crime.


56 posted on 03/30/2019 2:45:32 AM PDT by 21twelve (!)
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All sporting is psych connected and most pencil necks just don’t envision that being possible. They are educated to compartmentalize things and they are not all intertwined.


57 posted on 03/30/2019 2:59:59 AM PDT by USCG SimTech
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To: rktman
“The system does not work,” said Edward Stack, Dick’s CEO.

It apparently does! We quit buying from you for your stance on the 2nd Amendment! Yep! Works quite well!

58 posted on 03/30/2019 3:21:00 AM PDT by Road Warrior ‘04 (Boycott The NFL! Molon Labe! Oathkeeper)
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To: rktman

Get woke, go broke.


59 posted on 03/30/2019 3:27:24 AM PDT by Fzob
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To: Tammy8

Problem is close to what you have written. There are more facts to be discovered about mental illness and successful treatment and reversal is still a ways off. But to endanger society cuz we’re too lazy or busy or cheap or ignorant or unconcerned to solve the moral,legal,theological,medical, and philosophical problems associated is not a good strategy. We are reaping the effects of our (in)actions. Justified or not.


60 posted on 03/30/2019 3:27:51 AM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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