Dick’s Sporting Goods will remove guns from 125 stores amid slumping sales

Mae Love
March 13, 2019

Dick's Sporting Goods will stop selling firearms at some of its stores in another move to tighten its policies surrounding firearms sales.

The retailer will drop hunting gear starting around August from about 125 stores where it is underperforming, Dick's Chief Executive Officer Ed Stack announced Tuesday.

Dick's previous year announced it would ban sales of assault-style weapons after the Parkland, Florida, school shooting and revelations that its shooter, Nikolas Cruz, had purchased a gun from a Dick's store. Dick's shares fell as much as 11 percent, the most since August 2017, to $34.45 in NY trading.

Dick's operates 729 stores in 47 states. The company's stock was down about 10 percent on Tuesday morning. The move follows the company's ban on assault-style weapons past year in the wake of the Parkland shooting.

Rugby 7s: Super Davids inspires South Africa to Vancouver Sevens glory
The French were able to hold the ball for long periods but possibly lacked the speed out wide to make full use of that possession. Canada beat Kenya 36-21 in their final game but they failed to advance when Fiji defeated Samoa 31-17.

Molinari fires sizzling 64 to win Palmer Invitational
The Italian was bogey-free during the final round at Bay Hill, finishing at 12 under to win ahead of Matt Fitzpatrick (71). Francesco Molinari celebrates after rolling in his long birdie putt at the 18th for a closing eight-under-par 64.

Dallas Cowboys lose Cole Beasley to the Buffalo Bills
As free agency begins in earnest, Baltimore will likely look to add young talent to the roster well before the season starts. The Cardinals took Brown in the third round (91st overall) of the 2014 NFL Draft out of Pittsburg State University.

It was not immediately clear which stores would be affected, but Stack said firearms will be removed "in markets where the hunting category underperforms", according to The Wall Street Journal. It put restrictions on ammunition sales and discontinued the sale of military-style semi-automatic rifles and high-capacity magazines.

The company said it will also stop selling some of its hunting gear.

The company's 2018 revenue was down nearly 2 percent to $8.4 billion, a dip that Stack has attributed to slower firearm sales, a change in Under Armour's distribution strategy and a weak performance in electronics sales.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER