Tuesday, March 12, 2019

The Hill: Dick's Sporting Goods Pulling Guns From 125 Stors

You can find the story here.  According to The Hill, company CEO Ed Stack said during an earnings call that Dick’s tested a new "gun-free model" in 10 stores over the last several months and will expand it to markets where the hunting category is not performing well. Stack said those stores that tested the gun-free model saw positive sales in the most recent quarter.

Same-store-sales declined overall in the just completed fiscal year, but The Hill noted the company's stock has increased 10 percent since making the changes related to gun sales last year.

No comments: