Dick's Sporting Goods Sales Drop Thanks to Gun Control Push

Chris Menahan
InformationLiberation
Aug. 29, 2018

No one could have predicted this!

From Reuters:
Dick’s Sporting Goods (DKS.N) reported a bigger-than-expected drop in quarterly same-store sales on Wednesday and forecast further declines this year, hit by tighter gun controls and a drop in Under Armour sales.

Shares in the company fell as much as 10 percent after it posted a 1.9 percent drop in same-store sales, bigger than analysts’ average estimate of a 0.62 percent dip.

Dick’s was one of the first retailers to stop selling assault rifles and high-capacity magazines as well as bar the sale of guns to people under age 21 following a massacre at a Florida high school in February.

The company had predicted that its hunting guns business would be pressurized by the change in policy but said the move should also attract more people to its stores.
Indeed, there's nothing libs love more than sporting goods stores! Perhaps they should start stacking Soylent to help get customers in the door?



Follow InformationLiberation on Twitter, Facebook, Gab and Minds.













All original InformationLiberation articles CC 4.0



About Us - Disclaimer - Privacy Policy