Explore The NRA Universe Of Websites

APPEARS IN News

Dick’s’ Sales Soft Following Anti-gun Efforts

Friday, August 31, 2018

Dick’s’ Sales Soft Following Anti-gun Efforts

Dick’s Sporting Goods has admitted that Chairman and CEO Edward W. Stack’s repeated attacks on law-abiding gun owners could be having a negative effect on the company’s bottom line. According to a press release reporting the company’s second quarter earnings results, “consolidated same store sales decreased 4.0%.” The document stated, “Factors that could cause actual results to differ materially from those expressed or implied in any forward-looking statements include, but are not limited to… negative reactions to our policies related to the sale of firearms and accessories.”

In February, Stack announced that Dick’s would stop selling certain configurations of semiautomatic rifles in its Field & Stream stores and stop selling standard capacity magazines entirely. The CEO also declared that Dick’s and Field & Stream stores would no longer sell shotguns and rifles to young adults ages 18 to 20. In May, Dick’s announced that it would destroy the stock of semiautomatic rifles it had chosen not to sell, rather than return the firearms to the manufacturers.

Stack’s high-profile decision to target long guns revealed his penchant for virtue-signaling, but also his ignorance on policy. Shotguns and rifles are rarely used in violent crime. A 2013 Department of Justice survey of research on semiautomatic bans determined that “a complete elimination of assault weapons would not have a large impact on gun homicides.” In a survey of gun research published earlier this year, the Rand Corporation found no conclusive evidence a ban on commonly-owned semiautomatic firearms would impact violent crime. Moreover, in some jurisdictions it is illegal for retailers to discriminate against young adults on the basis of age.

Not content to lead by example, Stack also took to the pages of USA Today to demand that federal lawmakers enact a raft of gun control measures that the American people have repeatedly rejected. Stack called for a federal ban on commonly-owned semiautomatic firearms and their magazines, prohibiting young adults from purchasing shotguns and rifles, and the criminalization of private firearm transfers. In order to impose Stack’s vision on all Americans, Dick’s hired three gun control lobbyists.

In response to Dick’s gun control efforts, in May the Board of Governors for the National Shooting Sports Foundation – the firearm industry trade group – voted to expel the company “for conduct detrimental to the best interests of the Foundation.” This was followed by firearms manufacturers Springfield Armory and O.F. Mossberg & Sons, and marketer MKS Supply announcing that they were cutting ties with the retailer.

Perhaps fearing that Dick’s’ poor sales figures might discourage other corporations from engaging in anti-gun activism at shareholders’ expense, CNN went out of their way to erect an alternative explanation. According to “the most trusted name in news,” investors should ignore Dick’s own admissions regarding the negative consequences of their gun control positions and blame stiff competition from online retailers and the store’s delicate relationship with one of its apparel brands for the inadequate performance.

Spin as CNN might, Stack predicted the negative consequences the anti-gun actions would have for his company. In a post-earnings call in March, Stack admitted, “The announcement we made 2 weeks ago regarding our firearms policy is not going to be positive from a traffic standpoint and a sales standpoint.”

With NSSF estimating the firearms industry’s economic impact at $51 billion, Stack’s March prediction was common sense. It’s unfortunate that Stack is unable to employ that same judgment to predict the obvious outcome of Dick’s ineffective gun control policies.

IN THIS ARTICLE
Business anti-gun groups
TRENDING NOW
Canada, Six Months from “Confiscation Day”

News  

Monday, November 8, 2021

Canada, Six Months from “Confiscation Day”

In early 2020, Canadian Prime Minister Justin Trudeau announced his so-called “assault weapon” ban along with a temporary amnesty period that allows the owners of newly-banned firearms to possess their property without incurring criminal liability. Canadians affected ...

Guide To The Interstate Transportation Of Firearms

Gun Laws  

Thursday, January 1, 2015

Guide To The Interstate Transportation Of Firearms

CAUTION: Federal and state firearms laws are subject to frequent change. This summary is not to be considered as legal advice or a restatement of law.

Senator Grassley Blocks Gun Control on Senate Floor

News  

Friday, December 3, 2021

Senator Grassley Blocks Gun Control on Senate Floor

On December 2, U.S. Senator Chris Murphy (D-CT) attempted and failed to pass H.R. 8, the dangerously flawed, so-called “universal” background check bill.

The Right to Bear Arms Gets Its Day in Court

News  

Monday, November 8, 2021

The Right to Bear Arms Gets Its Day in Court

November 3 was a historic day for constitutional rights in the United States, as the U.S. Supreme Court delved into a detailed and sophisticated exploration of the meaning and scope of the Second Amendment’s right ...

Biden Administration Bans Importation of Russian Ammunition

News  

Sunday, August 22, 2021

Biden Administration Bans Importation of Russian Ammunition

The Biden Administration’s Department of State announced that it will soon prohibit the importation of Russian ammunition into the United States. According to a release on the Department of State’s website, “[n]ew and pending permit applications ...

Ohio: House Passes Constitutional Carry

Wednesday, November 17, 2021

Ohio: House Passes Constitutional Carry

Today, the House of Representatives voted 60-32 to pass House Bill 227, the constitutional carry bill. It will now go to the Senate for further consideration.

Ninth Circuit Salvages CA Magazine Ban

News  

Thursday, December 2, 2021

Ninth Circuit Salvages CA Magazine Ban

Earlier this week, the Ninth Circuit upheld California’s ban against “large capacity magazines.” 

Pennsylvania: Governor Tom Wolf Vetoes Constitutional Carry

Friday, December 3, 2021

Pennsylvania: Governor Tom Wolf Vetoes Constitutional Carry

Anti-gun Democrat Governor Tom Wolf kept his promise and vetoed Senate Bill 565 on Thursday. 

New Jersey:  Gov. Murphy Pushing More Gun Control in “Lame Duck” Session

Thursday, December 2, 2021

New Jersey: Gov. Murphy Pushing More Gun Control in “Lame Duck” Session

Gov. Phil Murphy was joined this morning by Assembly Speaker Craig Coughlin to announce yet another assault on New Jersey gun owners.

Oregon's Anti-Gun Populace is Coming for your Guns, Again!

Monday, November 22, 2021

Oregon's Anti-Gun Populace is Coming for your Guns, Again!

Citizen petitioners have filed, and now begun to gather signatures, to take away your gun rights on the 2022 ballot:

MORE TRENDING +
LESS TRENDING -

More Like This From Around The NRA

NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.