11 Dec Dick’s Sporting Goods Is America’s Gun-Grabbing Grinch. And It’s Costing Them Money
In remarks made to the Goldman Sachs Retailing Conference and first reported by the Washington Free Beacon, CEO Edward Stack explained that the 3.9 percent decline in the company’s sales during the third quarter could be partially attributed to its ban on the sale of assault-style rifles and on the sale of all firearms to customers under 21 years old — both of which were implemented in the wake of the Parkland shooting in February.
“Well I think it’s definitely a factor, and it’s nothing that we didn’t anticipate,” Stack said of the sales downturn during the call. “As we put out kind of our guidance for the year and our earnings guidance for the year, we knew this would happen when — we’ve made some decisions on firearms in the past and we’ve had a pretty good idea of what these consequences were going to be. We felt that was absolutely the right thing to do. We would do the same thing again if we had a mulligan, so to speak, to do it again.”
Gun-Grabbing Grinch’s CEO said as many as 35 stores may close due to not just the decision to not sell guns, but also the Grinch’s political advocacy. Again via NR:
In addition to the firearm-purchasing restrictions, Dick’s also hired a number of Washington, D.C. lobbyists in May to advocate for more-stringent gun-control regulations. Taken together, the restrictions and the lobbying effort led the National Shooting Sports Foundation to expel Dick’s and caused a number of major gun manufacturers to sever ties with the retailer — developments that Stack admitted were detrimental to its third-quarter performance.
Thankfully, this is America, and no Christmas Gun-Grabbing Grinch will stop 2ndVote consumers from finding the right firearms for their loved ones. As we’ve highlighted before, other great options exist for purchasing the right guns for family members and friends.
The Academy Sports & Outdoors focuses on providing its products to customers. 2ndVote’s research has uncovered nothing to indicate a leftist corporate culture.
Bass Pro Shops has partnered with the National Rifle Association and hosts events, seminars, and classes at all of its retail locations so that participants improve their firearm skills. This example of corporate social responsibility has earned them the 2ndVote “5” ranking!
Cabela’s likewise has the rare 2ndVote “5” ranking, meaning it has no bad corporate policies and plenty of good ones! Specifically, it partners with the National Rifle Association and many other sportsmen and hunting organizations.
Many of our better Christmas alternatives have online retail options and all the items in our 2018 Christmas Gift Guide are linked to vetted online retailers. You can also receive a free copy of this year’s gift guide delivered to your inbox when you sign up for our newsletter below: