The Daily Sheeple – by Sean Walton
When CEO of Dick’s, Edward Stack, went on Good Morning America a few weeks after the Parkland Shooting in Feb. 2018 and said that the sporting-goods retailer, the largest in the country, with stores in 47 states, would no longer be selling assault-style rifles and high-capacity magazines and would not be selling any weapons to those under 21 he knew it might be costly.
He was right. 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. Stacks maintains it was worth it. Continue reading “Restricting Gun Sales Cost Dick’s $150 Million Last Year”
