Dick’s shares fall 24% as retailer slashes outlook over theft concerns

CNBC ^

[MNDude]

Dick’s Sporting Goods reported a profit drop and cut its earnings outlook for the year after seeing an uptick in retail theft and slow sales in its outdoor category. It’s the first reference the athletic goods retailer has made to shrink in a press release in nearly 20 years. In a rare miss, Dick’s also fell short of Wall Street’s estimates on both the top and bottom lines.

[bantam]

Good!!!

[Myrddin]

Dick's lost me as a customer after screwing customers who had purchased AR-15 rifles and Dick's refused to deliver the purchase to the customer. The first round of stupid wokism. They need to lose the apostrophe. That would be a more honest name. I won't shed a tear when their retail space goes vacant. It started as Sportsman's Warehouse before the Pocatello location closed and then re-opened in a smaller retail footprint.

[unixfox]

Maybe they should market more to the Trans LGBTQXYZ demographic.

It helped Target and Bud.

[Gary from Dayton]

“Dick’s never stopped selling firearms. “

Ours in Beavercreek, Ohio has stopped selling firearms. I checked a few weeks ago when I was at the mall.

[suthener]

“I’ve noticed Academy Sports sells the same items for much less (at least golf clothes). And you can purchase fun firearms at Academy.”

I registered on Academy’s website and got some good deals on some clothes. A couple weeks later they sent me a “Happy Pride Month” email. They lost a customer who, over the years, has spent thousands and thousands of dollars on guns and ammunition in their stores. Idiots.

[Waverunner]

Exactly, I needed a duffel bag for a long trip I was taking, my old one had split after 20 years of use. I went into Dicks, as it was on the way to the airport. It looked like a trendy store catering to the expensive workout clothing market. Camping gear and sports duffel bags were non existent. Crap, I went into home depot and bought some duct tape. problem solved.

[NWFree]

Who cares they’re a bunch of stupid woke libtards

I think it’s good news

[DPMD]

good. Beat me to it.

[dfwgator]

No sympathy since they stopped selling firearms years ago.

The moral of the story: Don't Be a Dick('s)

[subterfuge]

I had a gift card from Dick’s. I wandered around in the store for 45 minutes and couldn’t find anything work buying except some socks. I miss the old Sports Authorities that closed.

[IAGeezer912]

No sympathy since they stopped selling firearms years ago.

---

Same here.

[logi_cal869]

That’s the debate on talk radio today.

Of course, though theft is likely just a diversion from their policies, most are hoping it’s the straw that breaks the camel’s back.

[Taxman]

Go Woke!

Go Broke!

[minnesota_bound]

If only they had guns in the stores.....

[Redleg Duke]

Dick’s carries nothing I would want to steal!