Dick's Sporting Goods pulling hunting gear from 440 more locations

[The Legion]

https://www.foxnews.com/great-outdoors/dicks-sporting-goods-pulling-hunting-gear-440-stores

Dick’s Sporting Goods has announced plans to remove the hunting departments from “approximately” 440 additional locations, following a similar — albeit much smaller — effort last year.

In a press release issued Tuesday along with the company’s fourth-quarter earnings report, Dick’s confirmed that it would be removing the hunting departments sometime “in fiscal 2020,” though there was no specific time frame announced.

Dick’s also declined to say which stores, in particular, would be affected.

The company had previously removed guns and ammunition from 125 of its locations roughly one year ago, after Dick’s first announced it would no longer be selling assault-style weapons — at any of its locations — in the wake of the tragic Parkland school shooting.

The stores also raised the age requirement for gun purchases to 21.

At the time, gun and ammunition manufacturers including O.F. Mossberg and Sons, Inc., and MKS Supply, announced they would no longer be doing business with Dick’s.

These moves apparently had little effect on the company’s sales, however, as Dick’s chairman and CEO reported “strong fourth quarter results” in the latest earnings report, as well as “growth across each of our three primary categories of hardlines, apparel and footwear.”

The company’s shares also jumped 12.2 percent in Tuesday premarket trading, Fox Business reported.

"During 2019, we made meaningful changes across our business, which fueled our strongest annual comp sales gain since 2012 and a 14-percent increase in non-GAAP earnings per diluted share over 2018,” said Dick’s chairman and CEO Edward W. Stack. “I'd like to thank all our teammates for their hard work and commitment to DICK'S Sporting Goods, which made this performance possible."

A representative for Dick’s Sporting Goods was not immediately available to comment.

[DWARREN123]

Good and they will be showing low to no earnings in the near future because the other crap they have is way over priced for the quality!

[Garufa]

23 minutes ago, DWARREN123 said:

Good and they will be showing low to no earnings in the near future because the other crap they have is way over priced for the quality!

People have been saying that since they started pulling guns and ammo from stores long before the “assault rifle” hysteria.  

They may take small, temporary hit in value, but will end up thriving as the article clearly states based on past history.

There are a whole lot more parents buying sports crap for their kids than guys buying overpriced “hunting” stuff.

[btq96r]

10 minutes ago, Garufa said:

People have been saying that since they started pulling guns and ammo from stores long before the “assault rifle” hysteria.  

They may take small, temporary hit in value, but will end up thriving as the article clearly states based on past history.

There are a whole lot more parents buying sports crap for their kids than guys buying overpriced “hunting” stuff.

Bingo.  We can froth at Dick's for taking away the guns and ammo we never bought from them anyway, fine.  But to make assumptions about a store that very clearly has a workable operating model in a time where retail sales are tenuous is at best is hubris.

[RED333]

What is this "Dicks Sporting Goods" yall are speaking of?

[Johnny Rotten]

KA4LB6c by Johnny Rotten, on Flickr

 

[No_0ne]

4 hours ago, DWARREN123 said:

Good and they will be showing low to no earnings in the near future because the other crap they have is way over priced for the quality!

Doubtful.  Dick's is noted more for sports apparel and equipment than for hunting, fishing, etc.  Their business model is to become a "soccer mom" and "millennial" store, which apparently is working well for them so far ...

[tnhawk]

Hope that works well for them.  They'll never see a dollar from me.

[Dustbuster]

Pretty bad when a company will only support Karens in mini vans w bob style hairdoos....lots of complaints about soccer balls along w returns out the wazoo..... RIP

[Raoul]

This isn't the first time they've done something stupid.

As I said previously, there's a reason they're named Dicks...