Dick’s Sporting Goods Has Destroyed $5 Million Worth of Weapons, Its CEO Says

Dick’s Sporting Goods has destroyed $5 million of the chain’s gun inventory, its CEO said.

After finding out that Dick’s had sold the Parkland shooter a shotgun, CEO Edward Stack decided last year the company would no longer sell firearm to anyone under 21. Dick’s announced it would destroy its inventory of weapons, rather than allow them to be sold by another retailer.

Since then, about $5 million of the chain’s gun inventory has been turned into scrap metal, Stack said in an interview with CBS.

“All this about, you know, how we were anti-Second Amendment, you know, ‘we don’t believe in the Constitution,’ and none of that could be further from the truth,” he said in the interview. “We just didn’t want to sell the assault-style weapons that could inflict that kind of damage.”

The shooting

Stack is a hunter and gun owner who believes strongly in the Second Amendment. The company, which his father started as a fish-and-tackle shop in 1948, has sold guns since long before Stack started working there in 1977.

But the mass shooting at Marjory Stoneman Douglas High School in Florida, on February 14, 2018, changed that. Seventeen people were killed in the attack.

Though the gun sold to the shooter was not the AR-15-style rifle used in the shooting, Stack said he couldn’t stand being part of the narrative of mass shootings.

“We had a pit in our stomach,” he told CNN soon after the shooting. “We did everything by the book that we were supposed to do, from a legal standpoint, we followed everything we were supposed to do. And somehow this kid was still able to buy a gun from us.”

The decision

Stack told CBS the controversial decision cost his company about a quarter of a billion dollars in revenue.

Dick’s is not the only national chain to be grappling with gun sales.

Walmart announced in September that it would reduce its gun and ammunition sales significantly, also requesting that customers no longer open carry guns into their stores, even in states that allow open carry.

25 comments

  • JIMBRONY

    Figuring at $1000 per rifle – that’s 5,000 rifles.

    I couldn’t find definitive numbers on how many MSR’s are made each day, but going off sales numbers for the last several years, the number that they destroyed was more than made up for in the time they took to scrap their inventory.

    Spitting in the ocean…💦

  • John Graber

    They should not be able to take a tax writeoff as they intentionally destroyed inventory. Glad I do not own the stock. I’ll bet the stock holders did not even have a say in this action.

    • JIMBRONY

      Meanwhile, firearms manufacturers continue to legally and lawfully produce one of the most popular rifles in the history of the world, while law-abiding citizens purchase them by the thousands.
      In return – Dick’s will just raise their prices on everything to recoup their losses and cut dividends paid to their shareholders. Their decision to destroy all these firearms will do absolutely nothing to stop violent crime.
      Warms my heart.

      • Bob Stevens

        Dark likes to disarm single mothers so they cant defend themselves when 3 big burley drunks break into her house and do unspeakable things to her and her child. He likes to disarm the elderly couple so when the gang of urban youth break in they can over power them. Dark likes when tyrannical government decides certain people are undesirable, rounds them up on trains and sends them to death camps. Likes the millions dead world wide after gun confiscation happened.

  • Lisa Marshinski

    Wegmans and Walgreens and CVS are on this anti-constitution list also. Boycotted. And that Cruz kid was able to purchase a fire.arm legally because when he turned 18 his record was wiped clean so when he passed the background check, there WAS no background.

    • darkhorse6669

      Do you know what IS constitutional? Changing the constitution as we age and mature as a country to adapt to the problems we face. These laws and rights you so closely covet were written before the concept of a revolver wasn’t even thought of yet. The founding fathers would be so angry if they knew that we have not adapted as a country.

      • yabbadabbadude

        I have an idea. How about if the government confiscates all of the guns from criminals first? You know…like a test run. Then we’ll go from there.

      • Bob Stevens

        The founders would be angry that we have let government grow to a tyrannical size far beyond what they dealt with. They would have started shooting a long time ago. They understood tyranny and freedom and didn’t take it for granted. They weren’t boot licking cowards like yourself Dark. You might like the slave life, but the rest of us don’t. The government only creates problems, and doesn’t give a damn about any of our lives beyond a tax base. They care about money and power.

      • JIMBRONY

        And the law about killing people was written long before the Constitution and before firearms were invented.
        And somehow people still managed to kill people. 🤔

  • JIMBRONY

    “We did everything by the book that we were supposed to do, from a legal standpoint, we followed everything we were supposed to do. And somehow this kid was still able to buy a gun from us.”

    Umm, that’s because it was LEGAL…

    “Stack is a hunter and gun owner who believes strongly in the Second Amendment.”

    OK then why: “Stack has emerged as one of the most vocal executives leading the gun control debate. He’s hired three lobbyists from Glover Park Group to push for gun control in Congress“

    But he supports the 2A…

    Boycott Dick’s, I know I have. Shop local, support the small stores.

  • Bob Stevens

    Stack, just another FUDD who says “I support the 2A, but…”
    Anyone who says that doesn’t support the 2A. You are doing the governments bidding by banning “AsSaUT WeApOnS”

  • straubdavid9

    You need to stop selling fishing gear as well, because fish have died under your watch. Also, people have been harmed by using all of your “sporting goods”. Time to destroy all of your stores if you are serious about virtue signalling. RIP Dick’s … you used to be relevant.

  • lickerblisters

    Hey Dick’s, why don’t you drop “sporting goods” off of your name and just sell clothes. This story doesn’t surprise me at all seeing as Dick’s originated in liberal Binghampton, N.Y..

Comments are closed.

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