Itís Official, Dickís Decision Impacted the Bottm Line - Ruger Forum

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Itís Official, Dickís Decision Impacted the Bottm Line

This is a discussion on Itís Official, Dickís Decision Impacted the Bottm Line within the Gun Stories forums, part of the Firearm Forum category; Dickís Sporting Goods reports $150 million in lost sales after halting assault-weapons sales. ďDickís Sporting Goodsí bottom line took a very big hit after halting ...


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Old March 30th, 2019, 09:45 AM   #1
 
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Itís Official, Dickís Decision Impacted the Bottm Line

Dickís Sporting Goods reports $150 million in lost sales after halting assault-weapons sales.

ďDickís Sporting Goodsí bottom line took a very big hit after halting the sale of assault-style weapons in response to the Parkland school massacre.

The policy change cost the nationís largest sporting goods retailer about $150 million in lost sales, about 1.7 percent of annual revenue, Bloomberg News reported Friday.Ē

https://www.foxnews.com/us/dicks-spo...-weapons-sales



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Old March 30th, 2019, 10:10 AM   #2
 
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$150m in lost sales, or did they take 150 million $ loss for the year?
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Old March 30th, 2019, 10:49 AM   #3
 
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Good thing there are so many other places to buy an AR....I would hate for the customers to lose out.
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Old March 30th, 2019, 10:57 AM   #4
 
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Old March 30th, 2019, 11:10 AM   #5
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Dicks doesn’t practice what they preach.

Unless something has changed, Dicks owns Field and Stream and they sell handguns and sporting arms that Dicks brand won’t sell.

I don’t march with signs or blast Dicks with boycotts, but I don’t spend money with them either.

Actually, I cleaned out their 22 Mag ammo years ago, I have $6 boxes still in my office. That’s when their politics began to sour me, and my dollars.
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Old March 30th, 2019, 11:10 AM   #6
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Dicks doesnít practice what they preach.

Unless something has changed, Dicks owns Field and Stream and they sell handguns and sporting arms that Dicks brand wonít sell.

I donít march with signs or blast Dicks with boycotts, but I donít spend money with them either.

Actually, I cleaned out their 22 Mag ammo years ago, I have $6 boxes still in my office. Thatís when their politics began to sour me, and my dollars.
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Old March 30th, 2019, 11:25 AM   #7
 
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I never did do any firearms/hunting related business with them. Mostly due to the fact the nearest one was approx. 125 miles from me and I did all of my business mostly local. When I did spend $$ with them was when my daughter would advise me of something either my twin granddaughters or grandson wanted for birthday or Christmas. After their lib anti-gun decision I advised the manager in the Cedar Rapids, Iowa store why I wasn't going to spend any money with them. He tried to get me to reconsider, I advised him talk with cooperate and said goodbye.
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Old March 30th, 2019, 11:38 AM   #8
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Not sure it was just gun sales that brought them down. Not many people bought guns from them if the first place. The gun counter where I live was usually not even occupied by a sales rep. And when they were, the rep did not know his A** from his elbow.
The Store never had much business, just over priced boat shoes and Tee shirts etc. A lot of the other Liberal panty waist products at inflated prices.
The store next to The Dick, is Field and Stream. Man, that store is a total joke. Have no idea why they called it Field and Stream. Nothing to do with the Name, again just high priced clothing store. Not a place you would go for hunting/fishing clothing. I would imagine that most that shot that store never even heard of a Field and Stream magazine.
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Old March 30th, 2019, 12:12 PM   #9
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Old March 30th, 2019, 12:34 PM   #10
 
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I am suspicious of the claim for a non political reason. I have many friends who favor bans on tactical rifles. All of them wanted to support Dicks, but guess what? They had the same experience I had the last time I went: bored teens running the store, with no passion for the product. My friends gave up shopping there.

When I went for some fishing gear, there was nary a soul working in the fishing or hunting sections. The cashier was on her phone.

Dicks has taken the same wrong turn that Bass Pro did when it acquired Cabelas: ever worse CS in service of the bottom line.

They can all close, for all I care. I have good locally owned options for guns and fishing, and I will pay more for knowledgeable and interested staff.

Dicks, Cabelas, Bass Pro, Field & Stream are clothing stores now with some gear. Now that Cabelas carries the inferior Bass Pro Redhead clothing, I have no reason to go there. I cancelled my Club membership. And to think that I bought my fishing kayak from them! And camping gear from Dicks. Nevermore, quoth the Raven.

Last edited by Old School Wheelgunner; March 30th, 2019 at 12:40 PM.
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Old March 30th, 2019, 12:57 PM   #11
 
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Well, Dick's, see what happens when you try to live up to your name?
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Old March 30th, 2019, 01:33 PM   #12
 
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In March they said they were dropping all hunting item sales in an additional 125 stores.
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Old March 30th, 2019, 02:06 PM   #13
 
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I will throw a party and you're all invited when that chain goes completely out of business, like Toys R Us, Sears, and Sports Authority.
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Old March 30th, 2019, 02:37 PM   #14
 
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Stock price rose though............need to squeeze them some more.
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Old March 30th, 2019, 05:11 PM   #15
 
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good to know.
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