>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.
>As a sign of solidarity with the student protesters calling for gun control laws, Dick’s announced it would no longer sell assault-style firearms and high-capacity magazines.
>The athletic gear company instituted a similar ban after the 2012 Sandy Hook shooting but rescinded it a few months later by introducing assault weapons to its Field & Stream stores. This time the ban is permanent, Dick’s says.
>“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.
Never thought id say this but wtf I hate dicks now
Cooper Gonzalez
Lul FPBP
Seriously tho, I cannot believe that, in this current timeline, the twerp that runs their social media, along with their board, could be so completely ill-advised. What exactly did they think would happen?
Lucas Clark
Get REKT
Samuel Powell
Now we just need them to decline far enough that no one else will attempt something as stupid again
Oh well what to expect...people will react temporarily...then go back...they sell more than guns...since its Dicks and there prices are not cheap...then 18-21...is not going to ruin a store...those people at that age are not stable in cash flow yet...still living at home!...they as a company have other issues!
Christopher Lopez
If they opened in Australia would they be called Cunts?
Hudson Gomez
>What exactly did they think would happen? >The decision is “not going to be positive from a traffic standpoint and a sales standpoint I'm not big on corporatism but these guys are not doing business right.
Jeremiah Lee
>Out of business in six months. Nah They'll fire the CEO and hire one who brings back the guns in a firestorm sale The CEO not being able to get a job afterwords will be the funny part
Charles Thompson
I used to shop at Dick’s, field and stream and golf galaxy.
Not anymore #neveragain
Camden Rivera
This just in from Dicks management.
Me run store... Me no want to sell things... Why you sell my stocks? Why nobody like me? Me so lonely now...
Jason Parker
>The decision is “not going to be positive from a traffic standpoint and a sales standpoint,” Stack predicted. Don't CEOs have a legal obligation to do what is best for stock holders?
Got a joke for you.. Why do lesbians exclusively shop at Sports Authority?
Luis Kelly
Dick’s sales are down because they charge too much. Their gun policy change will only exacerbate their problems.
Goodbye Dick’s.
Brayden Clark
>banned assault-style weapons from its Field & Stream Wait... you can't buy assault rifles in Walmart anymore like fucking candy? I thought this is America! WHAT THE HELL HAPPENED?
Samuel Gray
You mean like a fiduciary responsibility?
Dominic Collins
they have always sucked shit. won't let you handle the guns, won't take them off the rack for you to inspect, never a decent price on guns and always dumb fucks behind the counter.
dicks is nothing but a sports authority that hasn't been liquidated.
Angel Reyes
He could make the argument that in the long run it's better for stockholders since they will be on the right side of history or something. It's a PR move.
Doesn't mean investors won't get mad when the value of their assets tumbles and demand he be replaced.
Jordan Thompson
Yes
Ian Myers
Why aren’t the Goyim ashamed of themselves!
Liam Gomez
did it never hit them that SJW hipsters don't do sports and thus don't buy sporting goods?
Bentley Scott
Dick's Sporting Goods Is Tumbling – But Don't Blame Its New Policy on Guns - Fortune
They're already spinning it...
Tyler Collins
why do you talk like that?
Cooper Mitchell
>it isn't gun sales it is people not wanting to shop there. I wonder what it might be? Over priced? Limited selection? Wading into a stupid political mess while they were already struggling? Might be all of these combined!
Logan Torres
You know what's fucked up? When I mention the completely evil shit that companies do, some pretty intelligent people have said to me from time to time "well, they are legally obligated to make whatever decision they think will be best for shareholders, which is always profit at the expense of empathy or morality", but then this dick suck faggot of a CEO can pull this shit and nobody bats an eye. If I were a shareholder, I'd sue the fuck out of them.
Jose Allen
Dick's Sporting Goods Sales Sink After New Gun Policy; And its Beautiful.
Isaac Fisher
They made the common mistake of thinking SJW were a majority, they thought this would increase their customer count.
Jaxson Smith
Well played
Owen Russell
>assault-style weapons What do they mean by this? Selective fire?
Robert Murphy
I don't understand how this CEO still has a job. It's his job to maximize profits for the shareholders and he's abdicated that responsibility. The entire board should be sued directly by the shareholders.
Noah Ortiz
Citigroup needs it next.
Jacob Edwards
Come on man. Whatever they fucking want it to mean. Anything that makes a loud noise and is useful for protecting yourself.
Jonathan Moore
>people who don’t shop us anymore
These are the words of an American CEO.
Jesus Christ.
Luis Reed
He's adding good will credit to the books. The company's value is sky rocketing
Ryan Carter
Faggots don't need sports equipment.
Jeremiah Price
Too bad there is no metric for that, and there is one for tracking his actual responsibilities.
Cooper Bennett
gee who would of thought that catering to vocal online liberals that at best will come into the store and take a selfie holding an item in Dicks post it on social media for likes, then put the item down and not buy it and never shop at Dicks again would backfire. I mean it's not like Dicks totally spit in the face of the type of person that shopped at Dicks to begin with
Parker Young
Another classy shitpost by Woods.
Anthony Cox
There's a Dick's in the crumbling mall nearby. JCPenney, Macy's, BestBuy, and most of the rest have closed, with nothing new in their place. Sears barely holds on. I don't know how; they're fucking terrible. Anyway, the local Dick's is bright and well-organized, and there is nobody ever in it. Hasn't been for ages.
Connor Walker
COUNTER TERRORISTS WIN
Hudson Watson
Why do you speak as though you grew up with punchcards?
Brandon Bennett
BAN ASSAULT DOGS
Anthony Jackson
LOL. James Woods delivers. The decline in sales makes sense. People who hunt and fish would take their business elsewhere for camping supplies and other things out of protest.... and I guess they did. Now who shops there? Retarded hipsters who like to go on nature hikes? They just borrow each others' moldy tents.
Jaxson Powell
There is value in good will, this just obviously wasn't in the right direction.
Ian Murphy
God I love the free market. Kikes think they can force an agenda without consequences lmao
Ethan Nelson
Are you copy/pasting from a book of Mad Libs?
Lincoln Adams
faggot CNN talking to faggot dicks, no one fucking cares about either of these douche bags. i hope they and their employees hurry up and fucking die.
Camden Myers
lol it would be hilarious if someone shot up one of their stores now
there is value, yes. But that value isn't measurable as a financial asset like money is. You can't make an argument that stocks are reflective of good will as it will mean you can value stocks on a metric that isn't financial. Which would destroy business.
Jonathan Howard
>can buy a Mini 14 but not an AR-15
This is about the closest to a microcasm of the gun debate you can get.
What are you talking about? There are plenty of stocks priced higher than asset value. Look at faceberg
Jason Davis
Bankruptcy is their future now.
Bentley Ward
Because...they don't like Dick's?
Brandon Moore
>limp short dicks
Luke Diaz
Who would have thought that the people that purchase sporting, physical training, and outdoor equipment wouldn't take kindly to a store chain adopting pussy hat tier policies to virtue signal.
Luis Taylor
They should have known better then to virtue signal at gun owners. Shut em down
the (((people))) their new policies appeal to don't ever buy sporting goods
Luke Butler
It means "whatever some faggot thinks looks scary"
Eli James
WTF
Democrats love Dicks now
Angel Hall
it would be called Abbos.
Leo Powell
too bad demos never leave their gay-nigger-enclave cities
Christian Bennett
Just shop at based scheels instead it's all good
Gabriel Cox
underrated
Angel Smith
Dicks is a shit tier sporting goods store
Parker Fisher
They're a fucking athletic/outdoors store. Most of their customers probably support guns in some way or fashion, so no fucking wonder. This isn't Wal-Mart. Wal-Mart can get away with their shit because of their diverse product.
>we expected that alienating our base would lead to sales drops, but we promise it's not because of alienating our base
Parker Cruz
baby boomers are not welcome here. go back to facebook, grandpa.
Alexander Lopez
>tell customers to literally go fuck off >be surprised when they actually fuck off
The morning their cuck CEO made that announcement I shorted the fuck out of their stock.
They'll go the way of Sports Chalet. I could never understand what the point of that place was if you couldn't buy guns. I don't need a store to buy tennis balls and skis.
Actually you can, can also buy some decent Mossbergs
Jaxon Diaz
>Retail a dying breed >Compromise your entire business to virtue signal What the fuck were they expecting? The anti-gun people aren't suddenly going to decide they want to go camping and gear up. Most of them shriek and piss themselves while flailing around with their hands in the air if they see a spider.
Camden Cooper
Them not selling guns is having a negative effect, but it's also that the store is horribly over priced, and tries to be a Jack of all trades. For example, I box, and they have the whole corner the store dedicated to boxing, yet only carry shitty 30 dollar gloves from 2 brands.
Mason Gomez
>Stock tumbled to the lowest in four months nice fake news, nice no link
