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
Biden’s Anti-gun Lies are Too Much Even for Legacy Press Fact Checkers

News  

Monday, April 19, 2021

Biden’s Anti-gun Lies are Too Much Even for Legacy Press Fact Checkers

With President Joe Biden securely in office and the 2024 presidential election 43 months away, the mainstream press has determined it an acceptable time to expose the frequent fibber’s most flagrant falsehoods.

Hunter Biden Memoir Among Mounting Evidence of Federal Gun Law Violations

News  

Monday, April 19, 2021

Hunter Biden Memoir Among Mounting Evidence of Federal Gun Law Violations

As President Joe Biden and his Department of Justice concoct new firearm restrictions for ordinary law-abiding Americans, 

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.

Louisiana: Senate Committee Passes Constitutional Carry Legislation

Monday, April 19, 2021

Louisiana: Senate Committee Passes Constitutional Carry Legislation

Today, Senate Judiciary C Committee passed Constitutional Carry legislation, Senate Bill 118, by a 3 to 2 vote.  

In New Executive Gun Control Push, Biden Seems to Throw Obama, and Himself, Under the Bus

News  

Monday, April 12, 2021

In New Executive Gun Control Push, Biden Seems to Throw Obama, and Himself, Under the Bus

At Biden's recent Rose Garden ceremony, where he announced his latest assault on the Second Amendment, he lied a number of times, and garbled the name of the federal agency tasked with enforcing federal gun ...

New Jersey: Gov. Murphy Announces Drastic Gun Control Agenda

Thursday, April 15, 2021

New Jersey: Gov. Murphy Announces Drastic Gun Control Agenda

Thursday morning, Gov. Phil Murphy held a press conference to unveil yet another gun control package in the Garden State.  

Nevada: Assembly Passes Ban on Home-Built Firearms

Wednesday, April 21, 2021

Nevada: Assembly Passes Ban on Home-Built Firearms

Yesterday, the Assembly voted 26-16 to pass an amended version of Assembly Bill 286, to end the centuries old practice of making firearms for personal use.

West Virginia: Gov. Justice Signs Bill to Protect 2A Rights in Emergencies

Wednesday, April 21, 2021

West Virginia: Gov. Justice Signs Bill to Protect 2A Rights in Emergencies

Today, Governor Jim Justice signed Senate Bill 458 into law. It prohibits the state, government officials and agencies, or local governments, from restricting the lawful carrying, sale, or use of firearms and ammunition during states of emergency ...

North Carolina: House to Hear Pistol Permit Repeal Language

Tuesday, April 20, 2021

North Carolina: House to Hear Pistol Permit Repeal Language

Today, at 3:00PM, the House Judiciary 4 Committee is going to hear an amendment to House Bill 398, to add language legalizing acquiring handguns without having to first apply for a permit.

Guide To The Interstate Transportation Of Firearms

Gun Laws  

Monday, June 30, 2014

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.

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..