News

Economy & Business

Dick’s Sporting Goods Sales Continue to Decline After New Gun Rules

Dick’s Sporting Goods in Stroudsburg, Pa. (Eduardo Munoz/Reuters)

Dick’s Sportings Goods sales continued to decline last quarter in the wake of their new restrictions on gun purchases.

Dick’s sales fell 3.9 percent from August to November, due largely to poor performance in their technology and hunting departments, company executives explained in a conference call with analysts on Wednesday, the Wall Street Journal reported. Sales have declined for the last five consecutive quarters.

Following the mass shooting in Parkland, Fla. in February, Dick’s announced it would no longer sell assault-style weapons and would stop selling guns and ammunition to customers under the age of 21, prompting backlash and legal challenges from gun rights activists. Walmart made similar policy changes but its executives say they have not experienced the same slow-down in sales.

Company executives said that declining gun sales have pulled down the broader outdoor sector as hunters are no longer coming to their stores in high numbers. They also cited Republican control of the White House in explaining the drop off.

“In addition to the strategic decisions we made regarding firearms earlier this year, the broader industry has decelerated and remains weak as evidenced by most recent national background check data,” Lee Belitsky, Chief Financial Officer, said on the call.

A number of prominent gun manufacturers announced in May that they would no longer sell their products to Dick’s after it was revealed that the company hired Washington, D.C. lobbyists to advocate stricter gun control regulations.

Most Popular

White House

Another Warning Sign

The Mueller report is of course about Russian interference in the 2016 election and about the White House's interference in the resulting investigation. But I couldn’t help also reading the report as a window into the manner of administration that characterizes the Trump era, and therefore as another warning ... Read More
Film & TV

Jesus Is Not the Joker

Actors love to think they can play anything, but the job of any half-decent filmmaker is to tell them when they’re not right for a part. If the Rock wants to play Kurt Cobain, try to talk him out of it. Adam Sandler as King Lear is not a great match. And then there’s Joaquin Phoenix. He’s playing Jesus ... Read More
World

What’s So Great about Western Civilization

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Redacted: Harm to Ongoing Matter), One of the things I tell new parents is something that was told to me when my daughter still had that ... Read More
U.S.

Supreme Court Mulls Citizenship Question for Census

Washington -- The oral arguments the Supreme Court will hear on Tuesday will be more decorous than the gusts of judicial testiness that blew the case up to the nation’s highest tribunal. The case, which raises arcane questions of administrative law but could have widely radiating political and policy ... Read More
White House

The Mueller Report Should Shock Our Conscience

I've finished reading the entire Mueller report, and I must confess that even as a longtime, quite open critic of Donald Trump, I was surprised at the sheer scope, scale, and brazenness of the lies, falsehoods, and misdirections detailed by the Special Counsel's Office. We've become accustomed to Trump making up ... Read More