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
Levi’s Teams with Billionaire Michael Bloomberg to Attack Gun Rights

News  

Friday, September 7, 2018

Levi’s Teams with Billionaire Michael Bloomberg to Attack Gun Rights

Levi Strauss & Co. established its brand in the mid-19th century by selling durable clothing to working-class Americans. As Levi’s signature jeans gained popularity amongst a wider set in the middle of the last century, ...

Yes, George Soros is a Gun Grabber

News  

Friday, November 16, 2018

Yes, George Soros is a Gun Grabber

In 2015, billionaire gun control financier and potential 2020 presidential candidate Michael Bloomberg financed the creation of the anti-gun propaganda outlet The Trace. Ever grateful for their wealthy benefactor’s unfettered largesse, the Bloomberg advocacy group now views less-profligate anti-gun tycoons as ...

Indulgences for Hollywood as Movie Studio Buys Gun Offsets

News  

Friday, November 16, 2018

Indulgences for Hollywood as Movie Studio Buys Gun Offsets

In 2014, Hollywood movie mogul and fierce NRA critic Harvey Weinstein appeared to acknowledge the movie industry might be able to have a positive impact by reducing its glorification of criminal violence. Weinstein explained, I have to ...

House Democrats Outline Gun Control Agenda for 116th Congress

News  

Friday, November 16, 2018

House Democrats Outline Gun Control Agenda for 116th Congress

With anti-gun Democrats back in control of the House of Representatives come January, now is the time to prepare for a new onslaught on the Second Amendment. Emboldened by the mere thought of controlling the ...

Toledo Mayor Plays Politics With Officer Safety Via New Firearm Procurement Measures

News  

Friday, November 16, 2018

Toledo Mayor Plays Politics With Officer Safety Via New Firearm Procurement Measures

Bad ideas have a way of recurring within gun control circles. And when they do, they are usually accompanied by self-congratulatory rhetoric about their supposedly “innovative” and “forward-thinking” nature. That was certainly the case this ...

California: CA DOJ Issues Consumer Alert Regarding Use of Non-REAL IDs for Firearm Purchases

Tuesday, November 20, 2018

California: CA DOJ Issues Consumer Alert Regarding Use of Non-REAL IDs for Firearm Purchases

Today, Tuesday, November 20, Attorney General Becerra issued a consumer alert regarding the Use of “Federal Limits Apply” Driver Licenses and IDs to purchase firearms.

Surprise: Physician Group Rehashes Same Tired Gun Control Policies

News  

Friday, November 2, 2018

Surprise: Physician Group Rehashes Same Tired Gun Control Policies

Everyone has hobbies. Some doctors’ collective hobby is opining on firearms policy. Half of the articles in the “Latest from Annals” email from the Annals of Internal Medicine journal are related to firearms. The most prominent of these ...

NRA Challenges Constitutional Violations in Initiative 1639

News  

Thursday, November 15, 2018

NRA Challenges Constitutional Violations in Initiative 1639

The NRA was joined by the Second Amendment Foundation in filing a lawsuit challenging gun control measures recently passed in Washington ballot initiative I-1639.

Oxnard:  Public Hearing on Urgency Moratorium Would Ban New Stores From Selling Firearms and Ammunition

Tuesday, November 20, 2018

Oxnard: Public Hearing on Urgency Moratorium Would Ban New Stores From Selling Firearms and Ammunition

On Tuesday, November 27th, the Oxnard City Council will hold a public hearing to consider an interim “urgency” ordinance which would impose a “temporary” moratorium prohibiting any new retail firearm and ammunition businesses from opening ...

California: Cities Backpedal on Over-Reaching & Preempted Local Anti-Gun Ordinances

Friday, November 16, 2018

California: Cities Backpedal on Over-Reaching & Preempted Local Anti-Gun Ordinances

The City of Palm Springs decided to repeal the reporting ordinance to avoid litigation and the City of Saratoga also withdrew an ordinance that would have imposed the same type of reporting limitation on victims of firearm ...

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.