Dick's Sporting Goods is pulling guns from another 440 stores this year
The move expands on its initial efforts after the deadly school shooting in Parkland, Florida, in 2018.
It made the announcement as it reported holiday-quarter earnings and sales that surpassed analysts' estimates and showed that more people flocked to its stores for athletic footwear and apparel. The company has benefited from being one of the last bricks-and-mortar businesses left operating in its segment, with rivals Sports Authority and Sport Chalet having gone bankrupt.
It expects same-store sales to range from flat to 2%. It said the lower end of its full-year outlook "includes some caution related to supply chain disruption potentially impacting its results beginning in the second quarter," because of the coronavirus. Net sales were up about 4.7% to $2.61 billion from $2.49 billion a year earlier, topping estimates for $2.57 billion.
In a test eight months later, the company pulled all guns from 10 stores. That went over so well, the company said, that
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Best Shoe Organizers, According to Professional OrganizersOrganizing your shoe collection isn’t just satisfying — it can help extend the life of your shoes
Read more »
Twitter’s Most Popular Tweet Of The Week: An Animator Gets A Pixar Dream JobA California animator’s tweet celebrating her new job at Pixar—ten years after she vowed to “one day” work there—received the most likes and the most retweets on Twitter this week:
Read more »
CAS clears American Lawson of doping, quashes banThe Court of Arbitration for Sport (CAS) on Monday annulled the four-year ban im...
Read more »
Gold jumps past $1,700 level for first time in seven years on virus fearsGold prices jumped past the $1,700 per ounce level for the first time since late...
Read more »
Stock market live updates: Futures spike, 10-year Treasury jumps, oil climbs 9%Stocks were poised for major gains at the open, after posting the worst day in more than a decade on Monday.
Read more »
Former Nintendo of America President Reggie Fils-Aime Joins GameStop's Board of DirectorsThe video game retail store has suffered dismal sales recently, posting a 25 percent downturn year-over-year this holiday past holiday season.
Read more »