Dick's Sporting Goods to stop selling firearms at 125 stores

Dick's Sporting Goods to stop selling firearms at 125 stores

Dick's Sporting Goods to stop selling firearms at 125 stores

Dick's Sporting Goods is taking another step in tightening its gun sales. Dick's has over 700 stores in the U.S.

The company stopped selling guns in 10 stores a year ago to test how they perform and has now chose to remove firearms from 125 additional stores after seeing positive sales. Dick's had previously removed assault-style weapons at some locations and raised the minimum purchase age for firearms weeks after the February 2018 deadly mass shooting at a high school in Parkland, Florida killed 17 people.

"We think that it (company's private label) will do more business there than we did with Reebok", Chief Executive Officer Edward Stack said on a post earnings call with analysts. The company did not disclose what products it deemed "more compelling".

Dick's CEO Ed Stack said the changes will be completed late this year, and the company will consider removing firearms in coming years depending on how these 125 stores perform. The fourth quarter, including the holiday season, saw a drop of 2.2 percent in same-store sales.

The retailer will reportedly stop selling hunting equipment, including rifles and ammunition, at 125 stores in 2019.

Related news



[an error occurred while processing the directive]