Dick’s Says Firearms Policy Hurt Their Hunting Business

Discussion of firearm-related news stories. Please use "Off Topic" for non-firearm news.
Forum rules
Do NOT post the full text of published articles. If you would like to discuss a news story please link to it and, at most, include a brief summary of the article.

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby BigBlue on Sat Dec 01, 2018 8:31 am

Don't feed the troll, people...
BigBlue
 
Posts: 2233 [View]
Joined: Fri Oct 23, 2009 9:33 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby xd ED on Sat Dec 01, 2018 9:01 am

BigBlue wrote:Don't feed the troll, people...


^^^^^
LET'S GO BRANDON
User avatar
xd ED
 
Posts: 9016 [View]
Joined: Fri Jun 18, 2010 6:28 pm
Location: Saint Paul

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Grayskies on Sat Dec 01, 2018 12:23 pm

forum-troll.jpg
NRA Life Member & Certified Range Safety Officer
Honorably Discharged U.S. Army Veteran
General Class Amateur Radio Operator and ARRL VE and SkyWarn
Amateur Radio Emergency Service® (ARES)

P2C since August 2003
User avatar
Grayskies
 
Posts: 3906 [View]
Joined: Sat Nov 06, 2010 5:52 am
Location: North Central MN

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Grayskies on Sun Dec 02, 2018 2:23 pm

Get Woke, Go Broke? DICK'S Sporting Goods Warns Investors That Decision To Get Rid Of Guns Cost Company Dearly

Dick's Sporting Goods is warning investors that its decision to remove certain "assault-style" weapons from its Field & Stream stores cost it dearly and may limit its future gains.

The sporting goods retailer was forced to confront angry shareholders late last week after its stocks tanked more than 4.5% and financial conglomerate J.P. Morgan Chase downgraded Dick's shares, saying the company was "overweight."

"Gross margin-driven upside appears less probable given 3Q's performance, changing comparisons, and rising inventory levels," an analyst for J.P. Morgan told CNBC. The same analyst noted that same-store sales for Dick's outlets are expected to grow less than 1% even as the company's inventory rises.


https://www.dailywire.com/news/38935/di ... ly-zanotti

Maybe they could get a line of Antifa Wear for mom's basement-bound SJW?
NRA Life Member & Certified Range Safety Officer
Honorably Discharged U.S. Army Veteran
General Class Amateur Radio Operator and ARRL VE and SkyWarn
Amateur Radio Emergency Service® (ARES)

P2C since August 2003
User avatar
Grayskies
 
Posts: 3906 [View]
Joined: Sat Nov 06, 2010 5:52 am
Location: North Central MN

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Ghost on Sun Dec 02, 2018 2:58 pm

It just didn't go as planned

Image
User avatar
Ghost
 
Posts: 8246 [View]
Joined: Wed Feb 05, 2014 8:49 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Bearcatrp on Sun Dec 02, 2018 3:27 pm

My heart aches for them. NOT!!! Employees will suffer due to bad management decision. In other news, I saved a bunch staying at a holiday inn express recently. :mrgreen:
Bearcatrp
 
Posts: 2955 [View]
Joined: Sun Mar 16, 2014 7:57 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Grayskies on Mon Dec 10, 2018 5:17 pm

Dick’s Sporting Goods Says Gun-Control Stance Hurt Business, May Close Field & Stream

Dick's Sporting Goods told investors during the Goldman Sachs Retailing Conference that its gun-control stance hurt sales of its hunting business, outdoors business, and that it may close its outdoor-focused Field & Stream stores.

Edward Stack, chairman and CEO of Dick's, said during the event that the sporting goods chain's recent 3.9 percent drop in same-store sales was the result of a mix of factors beyond their control as well as some he called "self-imposed." Specifically, he said, "the decisions we made on firearms" negatively affected their bottom line but the drop in sales was something they expected. They did not, however, regret their decision to change a number of their gun-sales policies and back new gun-control legislation.

https://freebeacon.com/issues/dicks-spo ... ld-stream/

Investors should fire the CEO. :|
NRA Life Member & Certified Range Safety Officer
Honorably Discharged U.S. Army Veteran
General Class Amateur Radio Operator and ARRL VE and SkyWarn
Amateur Radio Emergency Service® (ARES)

P2C since August 2003
User avatar
Grayskies
 
Posts: 3906 [View]
Joined: Sat Nov 06, 2010 5:52 am
Location: North Central MN

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Ghost on Mon Dec 10, 2018 5:32 pm

Grayskies wrote:Dick’s Sporting Goods Says Gun-Control Stance Hurt Business, May Close Field & Stream

Dick's Sporting Goods told investors during the Goldman Sachs Retailing Conference that its gun-control stance hurt sales of its hunting business, outdoors business, and that it may close its outdoor-focused Field & Stream stores.

Edward Stack, chairman and CEO of Dick's, said during the event that the sporting goods chain's recent 3.9 percent drop in same-store sales was the result of a mix of factors beyond their control as well as some he called "self-imposed." Specifically, he said, "the decisions we made on firearms" negatively affected their bottom line but the drop in sales was something they expected. They did not, however, regret their decision to change a number of their gun-sales policies and back new gun-control legislation.

https://freebeacon.com/issues/dicks-spo ... ld-stream/

Investors should fire the CEO. :|

Sure doesn’t seem to want to grow his business.
User avatar
Ghost
 
Posts: 8246 [View]
Joined: Wed Feb 05, 2014 8:49 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Bearcatrp on Mon Dec 10, 2018 8:35 pm

Maybe they should ask Bloomberg for a bail out since they took his advice! I still hope they go bankrupt!!!
Bearcatrp
 
Posts: 2955 [View]
Joined: Sun Mar 16, 2014 7:57 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Ghost on Tue Dec 11, 2018 10:41 pm

Bearcatrp wrote:Maybe they should ask Bloomberg for a bail out since they took his advice! I still hope they go bankrupt!!!

Bloomberg to the rescue, LoL
User avatar
Ghost
 
Posts: 8246 [View]
Joined: Wed Feb 05, 2014 8:49 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Holland&Holland on Wed Dec 12, 2018 8:51 am

Grayskies wrote:Dick’s Sporting Goods Says Gun-Control Stance Hurt Business, May Close Field & Stream

Dick's Sporting Goods told investors during the Goldman Sachs Retailing Conference that its gun-control stance hurt sales of its hunting business, outdoors business, and that it may close its outdoor-focused Field & Stream stores.

Edward Stack, chairman and CEO of Dick's, said during the event that the sporting goods chain's recent 3.9 percent drop in same-store sales was the result of a mix of factors beyond their control as well as some he called "self-imposed." Specifically, he said, "the decisions we made on firearms" negatively affected their bottom line but the drop in sales was something they expected. They did not, however, regret their decision to change a number of their gun-sales policies and back new gun-control legislation.

https://freebeacon.com/issues/dicks-spo ... ld-stream/

Investors should fire the CEO. :|


Yes they should
User avatar
Holland&Holland
 
Posts: 12479 [View]
Joined: Mon Jan 12, 2009 9:17 am

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby armedwalleye on Thu Dec 13, 2018 3:04 pm

When you abandon that share of your customer base that continues on an ongoing basis to buy multiple guns, weapons, accessories, ammo, etc., and depend on that share of your customer base that buys squash racquets, little squash outfits and balls to pick up the slack, well, you get what you get.
The weaponized fish.....
armedwalleye
 
Posts: 200 [View]
Joined: Fri Jan 18, 2013 9:36 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby LePetomane on Thu Dec 13, 2018 4:18 pm

A lot of Monday morning quarterbacking here from people who never had to do a payroll. Collect a paycheck every week and go home. Fire the CEO? Easy for you girls to say.
Donald Trump got more fat women moving in one day than Michelle Obama did in eight years.
LePetomane
 
Posts: 2521 [View]
Joined: Tue Dec 04, 2012 9:57 am
Location: Here, there and everywhere.

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby rtk on Thu Dec 13, 2018 4:56 pm

LePetomane wrote:A lot of Monday morning quarterbacking here from people who never had to do a payroll. Collect a paycheck every week and go home. Fire the CEO? Easy for you girls to say.



I thought that you leaving?
The sky is falling, the sky is falling....(Chicken Little)
User avatar
rtk
 
Posts: 3097 [View]
Joined: Thu Jul 26, 2007 3:34 pm

Re: Dick’s Says Firearms Policy Hurt Their Hunting Business

Postby Ghost on Thu Dec 13, 2018 5:11 pm

armedwalleye wrote:When you abandon that share of your customer base that continues on an ongoing basis to buy multiple guns, weapons, accessories, ammo, etc., and depend on that share of your customer base that buys squash racquets, little squash outfits and balls to pick up the slack, well, you get what you get.

You are missing the point. I’ve spent thousands at dicks over the years buying high margin shoes, apparel, golf equipment etc. I’ve purchased a camo coat there once but never any guns or ammo. Because of their stance I won’t even walk through their store. I also won’t buy stuff for my daughter there and I discourage my friends from shopping there.

They have alienated more than gun nuts.

And yes LePedoman, they can fire a CEO and state why and come full circle.
User avatar
Ghost
 
Posts: 8246 [View]
Joined: Wed Feb 05, 2014 8:49 pm

PreviousNext

Return to In The News

Who is online

Users browsing this forum: No registered users and 15 guests

cron