Skip to comments.
Dick’s Sporting Goods Sales Sink After New Gun Policy
NATIONAL REVIEW ^
| March 22, 2018 8:24 AM
| By MAIREAD MCARDLE
Posted on 03/23/2018 7:30:16 AM PDT by Behind Liberal Lines
Dick’s Sporting Goods has suffered a surprisingly steep downturn in sales since promising to sell fewer guns, but the problem isn’t the gun sales, Fortune says.
Stock tumbled to the lowest in four months after the sports store banned assault-style weapons from its Field & Stream stores and raised the minimum age for a customer to buy a firearm from 18 to 21....
“There’s going to be some pushback and we expected that,” said CEO Edward Stack, in an earnings call with Wall Street analysts, according to CNN. “There are going to be the people who don’t shop us anymore for anything.”
The decision is “not going to be positive from a traffic standpoint and a sales standpoint,” Stack predicted.
The company’s shares fell 7.3 percent after going up 13 percent this year. Sales failed to hit the projected $2.74 billion, tapering off at $2.66 billion for this quarter.
(Excerpt) Read more at nationalreview.com ...
TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: 2ndamendment; banglist; dicks; nra; sales; secondamendment; sink; unexpected
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-75 next last
To: Behind Liberal Lines
2
posted on
03/23/2018 7:33:02 AM PDT
by
Paladin2
To: Behind Liberal Lines
Dick’s sales are flaccid?
3
posted on
03/23/2018 7:33:32 AM PDT
by
ImJustAnotherOkie
(All I know is what I read in the papers.)
To: Behind Liberal Lines
Dick’s has always featured overpriced goods available for less at competing stores.
They literally shot themselves in the foot...
4
posted on
03/23/2018 7:34:29 AM PDT
by
Eric in the Ozarks
(Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
To: Behind Liberal Lines
>>There’s going to be some pushback and we expected that
It’s not pushback. We genuinely don’t need your company to exist anymore.
5
posted on
03/23/2018 7:34:51 AM PDT
by
Bryanw92
(Asking a pro athlete for political advice is like asking a cavalry horse for tactical advice.)
To: Behind Liberal Lines
“There’s going to be some pushback and we expected that,” said CEO Edward Stack, in an earnings call with Wall Street analysts, according to CNN. “There are going to be the people who don’t shop us anymore for anything.” Okay. That's the downside. And what, exactly, is the Upside??
6
posted on
03/23/2018 7:36:13 AM PDT
by
ClearCase_guy
(Racism against Whites is a real thing. Let's stop pretending it isn't.)
To: Eric in the Ozarks
Yet another foolish retailer who equates loud (and broke) with numerous (with money).
7
posted on
03/23/2018 7:36:22 AM PDT
by
freedumb2003
(robert mueller is an unguided missile)
To: Behind Liberal Lines
Sounds like an admission they knew the decision would hurt shareholder value. Where are the lawyers with a shareholder derivative lawsuit?!
8
posted on
03/23/2018 7:39:34 AM PDT
by
piytar
(http://www.truthrevolt.org/videos/bill-whittle-number-one-bullet)
To: Behind Liberal Lines
Maybe CNN’s Parkland School “Survivor” Kiddies will go there and buy a $3000.00 “kayak or a $120.00 water bottle. With all the money they’ve received since the school shooting, they should be able to shop at Dicks (sic) now.
To: ClearCase_guy
I was one of their best customers, buying stuff almost every week, probably dropping 4 or 5 grand a year with them until they went wobblefaggotty.
Like ESPN and NFL, Dick's is dead to me.
10
posted on
03/23/2018 7:41:05 AM PDT
by
Sirius Lee
(In God We Trust, In Trump We MAGA)
To: Behind Liberal Lines
I make it a point not to do business with firms that flaunt or act on their left-wing proclivities, which tends to show that their management isn’t all that bright.
11
posted on
03/23/2018 7:41:15 AM PDT
by
pt17
To: All
See Dick sell goods. See Dick get political. See Dick sales plummet. Don’t be a Dick.
12
posted on
03/23/2018 7:41:40 AM PDT
by
BipolarBob
(Keep the guns, ban the liberals.)
To: Eric in the Ozarks
Yes. But they had to buy the gun at Cabela’s...
13
posted on
03/23/2018 7:41:50 AM PDT
by
WayneS
(An appeaser is one who feeds a crocodile, hoping it will eat him last. - Winston Churchill.)
To: Eric in the Ozarks
"Dick’s has always featured overpriced goods available for less at competing stores."
Over half their floor space is just overpriced clothing. I would hope that any outdoors person goes somewhere else for their fishing tackle, hunting products, ammo, camping goods, and other real sports items.
To: Behind Liberal Lines
Why on earth would a business WANT to cause a downward spiral of sales? A business does EVERYTHING to INCREASE sales! Goes to prove that liberalism is a disease or at the very least insanity.
15
posted on
03/23/2018 7:43:19 AM PDT
by
New Jersey Realist
( (Be Nice To Your Kids. They Will Pick Out Your Nursing Home))
To: Behind Liberal Lines
16
posted on
03/23/2018 7:46:04 AM PDT
by
knarf
(I say things that are true, I have no proof, but they're true)
To: Behind Liberal Lines
LOL!! The stupid is strong with Dick’s!!
17
posted on
03/23/2018 7:46:46 AM PDT
by
DarthVader
("The biggeest misconception on Free Republic is that the Deep State is invulnerable")
To: Behind Liberal Lines
18
posted on
03/23/2018 7:48:47 AM PDT
by
TADSLOS
(Alex Jones isnÂ’t quite the wing nut now, all things considered.)
To: lonevoice
Gosh. It turns out that gun grabbing snowflakes don’t buy nearly as much as their former customers. Whodda think it?
20
posted on
03/23/2018 7:51:25 AM PDT
by
FLT-bird
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-75 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson