How Soon Before Dicks Sporting Goods Goes BankRupt?
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Dick’s Sporting Goods won high praise from gun grabbers and the media for their knee-jerk reaction to the Parkland school massacre. Under CEO Edward Stack, the chain pulled magazines and modern sporting rifles from their shelves. They also unilaterally decided to end sales of all guns to anyone under 21.
It would seem that there is significant 'bleed over' between gun ownership and other sports.
It hasn’t gone well for Dick’s since then as sales have sagged. Fortune Magazine reported on a “deeper-than-expected sales decline” for the sporting goods chain. What’s more, the company’s stock price hovers near seven-year lows. For those really keeping track, it sank 5% on Friday.
The People of the Gun have long memories.
Dick's sporting goods may have committed suicide.
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