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dick\'s sporting goods will stop selling guns and ammunition at 125 stores amid sluggish sales
by：Yufengling
2020-04-13
Dick\'s Sporting Goods Company has announced it will stop selling guns and ammunition in 125 stores where gun sales are difficult.
The decision was made after the fall trial when the weapons were removed from ten stores to see if it would affect sales.
The company found that sales increased in stores where guns were removed.
As a result, the brand will withdraw firearms, ammunition and gun accessories from another 125 stores, these items in
These items will be replaced with other sporting goods that can \"drive growth.
According to CNN, Dick\'s Sporting Goods CEO Edward Stack told analysts on Tuesday that it was for production space.
The move came after the company reported a decline in its share price after a poor earnings report last week.
So far, share prices have fallen by around 6% this year.
Stacks hinted that more guns could be removed in the future.
At present, Dick has more than 720 stores in the country.
We think it\'s more than oneInitiative.
If everything goes well as expected, we may open another store next year, says Stack.
On last February, the company announced that it would stop selling raids-
Fashion weapons after the shooting at Parkland High School in Florida.
Gunners Nicolas Cruz said he bought a shotgun in Dick\'s shop.
The gun was not used in the attack.
After that attack, Stack raised the minimum age for all gun sales to 21 and ended the high
Capacity magazine for a large number of bullets
Automatic weapons.
\"You know, everyone is talking about the thoughts and prayers of going out. That\'s great.
This does not really work.
\"We feel we need to come forward and do it,\" he said after the shooting . \"
He added in a recent appearance: \"I basically said,\" I don\'t care what the financial implications are. \".
The decision was made after the fall trial when the weapons were removed from ten stores to see if it would affect sales.
The company found that sales increased in stores where guns were removed.
As a result, the brand will withdraw firearms, ammunition and gun accessories from another 125 stores, these items in
These items will be replaced with other sporting goods that can \"drive growth.
According to CNN, Dick\'s Sporting Goods CEO Edward Stack told analysts on Tuesday that it was for production space.
The move came after the company reported a decline in its share price after a poor earnings report last week.
So far, share prices have fallen by around 6% this year.
Stacks hinted that more guns could be removed in the future.
At present, Dick has more than 720 stores in the country.
We think it\'s more than oneInitiative.
If everything goes well as expected, we may open another store next year, says Stack.
On last February, the company announced that it would stop selling raids-
Fashion weapons after the shooting at Parkland High School in Florida.
Gunners Nicolas Cruz said he bought a shotgun in Dick\'s shop.
The gun was not used in the attack.
After that attack, Stack raised the minimum age for all gun sales to 21 and ended the high
Capacity magazine for a large number of bullets
Automatic weapons.
\"You know, everyone is talking about the thoughts and prayers of going out. That\'s great.
This does not really work.
\"We feel we need to come forward and do it,\" he said after the shooting . \"
He added in a recent appearance: \"I basically said,\" I don\'t care what the financial implications are. \".
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