National Dick's Sporting Goods CEO says company destroyed $5 million worth of weapons

[DB is Here]

Dick's Sporting Goods CEO says company destroyed $5 million worth of weapons | Fox News

The CEO of Dick's Sporting Goods said the company destroyed more than $5 million worth of assault-style rifles following its decision to stop selling the weapons amid pressure on retailers from gun control groups.

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[Kruel J]

Well aren't they cool.

 

[MannyGlocks]

I saw him on the most recent "Sunday Morning" tv show.

He was pompously surprised and aggrieved by the anger expressed by the pro-gun folk with his anti-AR15 destruction.

He said he is pro-2A, ah, as long as he decides what firearm you can own....

 

[Alexx1401]

When I read that all I could do was shake my head that we have gotten to the point that this kind of virtue signaling is worth that kind of money to a store like this.

 

[Joe13]

Tax right off

 

[TheHumungus]

I completely stopped shopping at Dicks long ago.. I sometimes go in there and try-on tennis shoes to ensure a right fit, but will order the shoes online cheaper from somewhere else. I won't yell and scream at them, I'll just take my dollars somewhere else..

 

[41mag]

I still got a lotta years to find somewhere else to spend my retirement wad.....

 

[Martini_Up]

If he really means it then he should continue buying from the makers/distributors and destroying them.

 

[Mikej]

....as if destroying inanimate objects will magically put thousands of dollars in the general public's pockets so they can go into Dicks and spend it on overpriced sweatshop made clothing and sports supplies and Dick's will once again become a viable company.

Whatever

Edit: I guess I should have looked...Dick's games don't seem to be hurting them much, if at all.

dick's sporting goods stock price - Google Search

 

[nammac]

Dick's is dead to me... Really too bad because they were close to me, had a good selection of shooting supplies and a reasonable selection of rifles and shotguns. But it's good for Sportsman's Warehouse, cause now they get my monies that Dicks used to get. Powder and primers still come from Bi-Mart, can't beat their prices with a stick.

 

[osprey]

What a Dick!

 

[nammac]

Wonder how the stockholders and Board of Directors feel about the CEO flushing $5M down the crapper...

 

[DivCurlGrad72]

That's a nice $5M gift to the firearms industry since these firearms are no longer available on the market and will need to be manufactured again.

 

[eldbillbo]

I think its a publicity stunt that will backfire on him, I doubt an actual 5 million, maybe 5 million at his inflated prices but more than likely just a 1 million that he paid. But it's a bad publicity stunt It may go well with the granola trail mix eating sissy boy tree hugger nature types who are already pretty true loyal customers of REI but to their core of American Sportsman who hunt, fish and shoot most will probably all go elsewhere.

If it was 5 million he did more good than bad to the gun industry which is going to have to produce another 5 million in firearms to replace the ones he destroyed. Thank you, Dick, for being a Dick.

 

[slimmer13]

It's a shame about all those guns but at least murder has been solved.

 

[titsonritz]

Way to be fiscally responsible, if I was a share holder I would be pissed. As a 2A loving patriot I am disgusted, but than Dick's has been dead to me for quite some time.

 

[Stomper]

Silly wabbit... Dick's is for chicks.

 

[ZA_Survivalist]

With Dicks prices, that was probably only a few rifles, shotguns and accessories.

What a stupid idea. However I know full well instead of taking that financial hit they are claiming it on their taxes. If they really wanted to virtue signal they'd take the FULL loss and not make a single claim. Those slimy POS' want to make headlines but when we look at their records we'd obviously see it helped them fiscally somehow.

 

[Hueco]

Tax right off

My first thought as well. I wonder what the depreciation schedule is for firearm assets. These have probably already come off the books and are just taking up square footage.

Still...what a waste.

 

[CRBMoA]