Dick’s Sporting Goods Loses $150 Million Because of Gun Restrictions

Washington, DC — It’s been more than a year now since Dick’s Sporting Goods CEO Ed Stack announced they would be restricting the type of firearms they would sell in their stores.

And earlier this month they announced they would pull all gun and ammo sales from 125 stores.

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The reaction from the gun community has been ferocious.

Social media boycotts and negative news exploded across the internet.  Members of gun forums vowed never to give them another dime.

This news publication put out numerous stories highlights Stack’s stupid decision.

Sure enough, as Bloomberg.com reports, Dick’s saw a large revenue hit in reaction to their announcement:

Dick’s estimates the policy change cost the company about $150 million in lost sales, an amount equivalent to 1.7 percent of annual revenue. 

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According to an article, Stack is doubling down in his gun control push.

For almost a year, Dick’s has been working with Glover Park Group to lobby for gun reform.

Last month, Stack was one of just four CEOs to sign a letter supporting a universal gun control bill that recently passed in the house, and he recently joined the business council of Everytown for Gun Safety, a non-profit that advocates for gun control.

It’s safe to say the gun owners who read the pages of Second Amendment Daily are more than likely to NEVER spend a dime in Dick’s Sporting Goods again.

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