Dick’s Sporting Goods Lost Staggering Amount of Cash Over Anti-Gun Stance


Dick’s Sporting Goods took a loss of an estimated $150 million in sales last year after the company heavily restricted firearm purchases and began advocating anti-gun propaganda.

The company made various policy changes after a school shooting in Parkland, Florida, left 17 dead.

It announced it would no longer sell modern sporting rifles or high-capacity magazines, and increased the purchase age for all firearms to 21.

Dick’s also hired anti-gun lobbyists to promote gun restriction legislation, despite saying it still supports the Second Amendment.

“The system does not work,” said Edward Stack, Dick’s CEO.

Man Who Tried to Shoot Rittenhouse and Ended Up Shot Himself Lands in News Again Under His New Name: Report

“It’s important that when you know there’s something that’s not working, and it’s to the detriment of the public, you have to stand up.”

The anti-gun shift made massive waves when it was first announced in February 2018 and Stack was accused of violating fiduciary duties by knowingly and purposely giving up money.

Some gun manufacturers cut ties with Dick’s and the National Shooting Sports Foundation expelled the company from its membership.

The loss of customers was also almost immediately felt.

Does it surprise you that Dick's lost money?

Sales are so anemic and relations with gun manufacturers such as Mossberg so poor right now that you’ve even indicated Dick’s might get out the gun business entirely,” David Almasi, a vice president at the National Center for Public Policy Research, said in June on a shareholder’s call.

Meanwhile, Sportsman’s Warehouse reports that their gun sales and net sales were up 15 percent during the first quarter. That company credits consumer backlash against companies such as Dick’s as partially responsible for its success.”

However, Stack also received praise from anti-gun activists, and a “buycott” was even launched to reward Dick’s with purchase power.

The loss in gun sales ultimately outweighed the gain from the buycott, which eventually ran out of steam.

Regardless, Stack revealed that the $150 million loss was worth it, according to a Bloomberg report published on Friday.

'You Can't Make This Up' - Pentagon Exempts Ukraine Operations From Potential Government Shutdown

“Love is fleeting,” Stack said. “Hate is forever.”

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact

A version of this article appeared on The Daily Caller News Foundation website.

Truth and Accuracy

Submit a Correction →

We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

, , , , , , ,
Founded by Tucker Carlson, a 25-year veteran of print and broadcast media, and Neil Patel, former chief policy adviser to Vice President Dick Cheney, The Daily Caller News Foundation is a 501(c)(3) non-profit providing original investigative reporting from a team of professional reporters that operates for the public benefit. Photo credit: @DailyCaller on Twitter