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dick\'s sporting goods ceo says his store will likely lose customers after change in gun sales policy
by：Yufengling
2019-09-22
Dick\'s CEO of sporting goods said his company reported disappointing holiday sales.
Part of the reason is the recent change in gun policy.
Ending selling guns to anyone under the age of 21 will also harm future sales and could lead to fewer shoppers coming to his store, Edward Stack said.
Last month, Dick banned the sale of attacks after a school massacre in Parkland, Florida --
Sell all guns to people under the age of 21.
Other retailers, including Wal-Mart, have followed suit, and Wal-Mart has raised the minimum age rule for guns.
In the fourth quarter, sales at established stores fell by two percentage points, about double Wall Street\'s expected decline.
Industry analysts closely watched the figure as a barometer of retailer health as it ruled out the volatility of stores that recently opened or closed.
The election of President Donald Trump is also seen as affecting sales because when people believe in pro-
Armed politicians occupied the White House.
In an effort to boost sales, Stack says the company will provide more space for its private stores
Label brands such as second skin workout clothing.
Its store brands are growing faster than others, and Stack expects their sales to exceed $2 billion in \"short time,\" without giving the exact time.
From a traffic and sales perspective, Stack says, the company\'s new gun policy will not be positive.
But we will continue to actively adjust our gym clothes for women, he added.
What Dick is looking forward
Annual earnings are about $2.
$80 to $3 per share.
Analysts surveyed by FactSet forecast $2. 79 per share.
For the period ended February.
Dick\'s Sporting Goods Company
It earned $0. 116 billion, or $1. 11 per share.
A year ago, the company, based outside Pittsburgh, Pennsylvania, earned $90.
81 cents a share, 2 million.
Excluding certain items, the income is $1. 22 per share.
According to a survey by Zacks Investment Research, it was 2 cents better than analysts expected.
Revenue rose to $2.
From $2, 66 billion.
Online sales grew by about 48 billion.
But that is still below Wall Street\'s expectations for $2. 73 billion.
Stock of Dick Sporting Goods
Tuesday\'s close rose 32 cents to $32, or about 1 cent.
After falling to $29,
Earlier in the day.
Dongguan Yufenglin Garment Co., Ltd. is experienced in producing personalized shirts custom t shirt design products featuring topnotch quality with ODM services available. Welcome to visit our site at Yufenglin Garment.
We would appreciate your immediate attention to custom t shirt design.
comes in a vast array of styles and personalized shirts depending on which personalized shirtsis used.
personalized shirts custom t shirt design offer a wide range of personalized shirts and gave the user the choice of personalized shirts, personalized shirts and personalized shirts.
In the boundless Chinese market, there are a number of enterprises that provides personalized shirts custom t shirt design of their own brand over the years, but few have won more support from customers on the international stage than Yufengling.
Part of the reason is the recent change in gun policy.
Ending selling guns to anyone under the age of 21 will also harm future sales and could lead to fewer shoppers coming to his store, Edward Stack said.
Last month, Dick banned the sale of attacks after a school massacre in Parkland, Florida --
Sell all guns to people under the age of 21.
Other retailers, including Wal-Mart, have followed suit, and Wal-Mart has raised the minimum age rule for guns.
In the fourth quarter, sales at established stores fell by two percentage points, about double Wall Street\'s expected decline.
Industry analysts closely watched the figure as a barometer of retailer health as it ruled out the volatility of stores that recently opened or closed.
The election of President Donald Trump is also seen as affecting sales because when people believe in pro-
Armed politicians occupied the White House.
In an effort to boost sales, Stack says the company will provide more space for its private stores
Label brands such as second skin workout clothing.
Its store brands are growing faster than others, and Stack expects their sales to exceed $2 billion in \"short time,\" without giving the exact time.
From a traffic and sales perspective, Stack says, the company\'s new gun policy will not be positive.
But we will continue to actively adjust our gym clothes for women, he added.
What Dick is looking forward
Annual earnings are about $2.
$80 to $3 per share.
Analysts surveyed by FactSet forecast $2. 79 per share.
For the period ended February.
Dick\'s Sporting Goods Company
It earned $0. 116 billion, or $1. 11 per share.
A year ago, the company, based outside Pittsburgh, Pennsylvania, earned $90.
81 cents a share, 2 million.
Excluding certain items, the income is $1. 22 per share.
According to a survey by Zacks Investment Research, it was 2 cents better than analysts expected.
Revenue rose to $2.
From $2, 66 billion.
Online sales grew by about 48 billion.
But that is still below Wall Street\'s expectations for $2. 73 billion.
Stock of Dick Sporting Goods
Tuesday\'s close rose 32 cents to $32, or about 1 cent.
After falling to $29,
Earlier in the day.
Dongguan Yufenglin Garment Co., Ltd. is experienced in producing personalized shirts custom t shirt design products featuring topnotch quality with ODM services available. Welcome to visit our site at Yufenglin Garment.
We would appreciate your immediate attention to custom t shirt design.
comes in a vast array of styles and personalized shirts depending on which personalized shirtsis used.
personalized shirts custom t shirt design offer a wide range of personalized shirts and gave the user the choice of personalized shirts, personalized shirts and personalized shirts.
In the boundless Chinese market, there are a number of enterprises that provides personalized shirts custom t shirt design of their own brand over the years, but few have won more support from customers on the international stage than Yufengling.
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