Good day all. Last year, Dick’s Sporting Goods decided to be politically correct and stop selling Evil Black Rifles. The decision was made without any input from the shareholders or the customers. Well, the numbers are in and things aren’t going so well for Dicks.
Thanks to this decision, the limp dick running Dick’s Sporting Goods lost $150 million dollars after stopping sales of certain types of semi-automatic rifles. Not only did that hurt them, many other firearms manufactures have stopped doing business with them as well. Here are the details from Fox News:
Dick’s Sporting Goods’ bottom line took a very big hit after halting the sale of assault-style weapons in response to the Parkland school massacre.
First, there is no such firearm as an “Assault style rifle.” The closet there ever has been would be the old German Sturmgewehr Stg 44 from World War Two. The only reason it was called an “Assault Rifle” was to attract the attention of Adolph Hitler. (He liked anything with the word “Assault” in it. For a similar reason, the term “Assault Rifle” was coined by the gun grabbers such as Dianne Feinstein back in the 90’s. Other than sounding very scary, it has no basis in reality.
The second issue, with regards to Parkland, was the demonstrated cowardice and incompetence of the local sheriff’s department. Instead of going into the building and putting an end to that lunatic, they decided to run away and hide like the little yellow liberal cowards they are. To continue…
The policy change cost the nation’s largest sporting goods retailer about $150 million in lost sales, about 1.7 percent of annual revenue, Bloomberg News reported Friday.
But boss Ed Stack isn’t complaining.
“The system does not work,” Stack said, according to the news outlet. “It’s important that when you know there’s something that’s not working, and it’s to the detriment of the public, you have to stand up.”
How nice of this closet totalitarian, being all so brave while hiding behind his own armed security. He’s showing the world, and his stockholders, that he puts politics ahead of profits. He also, like many of the super rich elitists, has no clue regarding the 2nd Amendment. Thankfully, many others do and told this jerk to take a hike. According to the National Review, quite a few manufacturers have cut ties to Dickless’s.
A number of prominent gun manufacturers have announced that they will no longer do business with Dick’s Sporting Goods in response to the retailer’s support for stricter gun-control legislation.
After banning the sale of assault-style weapons and raising the minimum age for purchasing a gun to 21 in the wake of February’s Parkland, Fla. school shooting, Dick’s hired three Washington, D.C. lobbyists to fight for gun control on Capitol Hill, according to federal documents obtained by the Federalist. In response, the parent company of Mossberg guns, O.F. Mossberg & Sons Inc., announced Wednesday, (May 9, 2018), that it would no longer sell guns to Dick’s.
That announcement came one day after MKS Supply, which manufactures Hi-Point firearms, cut ties with Dick’s. That announcement came one day after MKS Supply, which manufactures Hi-Point firearms, cut ties with Dick’s. A third manufacturer, Springfield Armory, discontinued its relationship with Dick’s the previous week.
This all occurred last year. I believe other companies have also cut ties with Dick’s. One of the things that is causing the drop in sales isn’t firearms, it’s the sale of all their overpriced fishing and camping gear. Many of the “Outdoors” types are also gun owners. Considering the insults the CEO has made regarding them, they have decided to take their business elsewhere. This is why they lost money.
Now Stack had assumed that all the progressives and moonbats would be good to their word and would come in and spend their money. Surprising no one, that hasn’t happened.
Those who supported the ban promised to become Dick’s customers but did not stay the course.
Progressives, once they get what they want, have the attention span of a dead gold fish. Most of them hate “The Great Outdoors” and think roughing it is staying at a motel with no WiFi. My question is, how long the Board of Directors and the Shareholders are going to tolerate these losses? If sales don’t turn around, Ed Slackjaw may find out what happens to CEO’s who put politics over good business sense. They generally are invited to spend more time with their families while seeking new opportunities…elsewhere.
Thatisall
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