Poor Dick’s.
They opted to quit selling America’s favorite rifle following Sandy Hook.
Guess what happens when you quit selling something Americans love?
You don’t sell as much stuff in your stores – especially when you anger gun owners by cancelling purchases of guns already bought and paid for by customers.
Dick’s unilaterally stopped selling America’s favorite rifle and similar guns in an effort to assuage a noisy bunch of leftists who would never buy any gun from Dick’s anyway.
The bottom line: Dick’s sales crashed after their decision following Sandy Hook, falling 2.2% in the 4th quarter of 2012, compared to 2011. The company’s stock fell close to 10% in the last quarter as well.
The leadership of Dick’s is placing blame squarely on Lance Armstrong, not their short-sighted decision to stop selling guns.
With leadership like this, it is no wonder the company is tanking.
(Guns) – …At a time where the only thing a company has to do to sell firearms, ammo and accessories is to unlock their doors, Dick’s sales have flat-lined. In fact, their sales dropped 2.2 percent in the fourth quarter of 2012 compared to 2011 and their shares 10 percent in the last quarter.
Dick’s CEO pointed his finger squarely at, well, Lance Armstrong. “People had a very negative reaction to the Livestrong brand,” he said at an earnings report.
Have not bought a thing at Dick’s since Sandy Hook and won’t again. I would rather drive 50 miles the opposite direction to do business with places that support the 2nd.
Dick’s has lost my business forever.
I really liked their staff in Champaign but will not step foot in it again.
I quit going to Dick’s when they quit selling handguns.
Same here…bought a S&W 945 years ago there, as my first handgun…then they dropped handguns…now they’ve dropped Modern Sporting Rifles…
Nothing I need from them that I can’t get at Walmart.
I stopped patronizing Dicks when they removed all of the ammo from display shelves and put it in the back room.
I’ve hardly ever bought anything from Dick’s… I’d much rather drive out to Homer and buy from Dean.
I concur. I will never do business with Dick’s again for anything.
Here’s the quote from DKS management.
“In the fourth quarter, we experienced continued momentum in athletic footwear and apparel along with strong sales in hunting that exceeded our expectations. These increases were partially offset by lower-than-anticipated sales in outerwear and cold weather accessories, as well as a significant decline in the fitness category,” said Edward W. Stack, Chairman and CEO.
Guns sales are robust at DKS.
You mopes are getting played by the gun makers!