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Dick’s CEO Says They Destroyed $5M Worth Of Assault Rifles
The Washington Times ^ | October 7, 2019 | Alicia F. Luke

Posted on 10/07/2019 7:21:54 PM PDT by E. Pluribus Unum

Dick’s Sporting Goods CEO Ed Stack told CBS News that his company destroyed $5 million worth of “assault-style rifles” to keep them out of private hands. Ed Stack told CBS News during an interview that the millions of dollars worth of inventory was turned into scrap metal. “I said, ‘You know what? If we really think these things should be off the street, we need to destroy them.”

The Hill: The CEO of Dick’s Sporting Goods says that after the company made the decision to no longer sell assault-style rifles, more than $5 million worth of the weapons were destroyed.

In an interview with CBS News that aired Sunday, Ed Stack said following the decision last year to stop offering assault-style rifles, the question of what to with the remaining inventory lingered.

“I said, ‘You know what? If we really think these things should be off the street, we need to destroy them,'” Stack said, adding that the company turned $5 million worth of the weapons into scrap metal.

Dick’s made the decision to stop carrying the rifles following the mass shooting at Marjory Stoneman Douglas High School in Parkland, Fla., which left 17 dead and reignited the national conversation surrounding gun control.

“We found out that we sold this kid a shotgun,” Stack said. “That’s when I said, ‘We’re done.'”

(Excerpt) Read more at thewashingtonsentinel.com ...


TOPICS: News/Current Events
KEYWORDS: 2ndamendment; alreadyposted; banglist; dicks; dopyedems; edstack; nra; retail; secondamendment
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The stockholders must be thrilled.
1 posted on 10/07/2019 7:21:54 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

Don’t be a Dick.


2 posted on 10/07/2019 7:23:48 PM PDT by wjcsux (The hyperventilating of the left means we are winning! (Tagline courtesy of Laz.))
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To: E. Pluribus Unum

If I were a stockholder, I would force a vote for his resignation.


3 posted on 10/07/2019 7:25:17 PM PDT by richardtavor
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To: E. Pluribus Unum

As a gun reseller don’t they have to file this with ATF?

If they didn’t don’t they lose their firearms license?


4 posted on 10/07/2019 7:25:28 PM PDT by dila813 (Voting for Trump to Punish Trumpets!me t)
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To: wjcsux

Too late, Ed is a Dick! Could have donated them to the underprivileged Kurds! So selfish!


5 posted on 10/07/2019 7:25:34 PM PDT by Bommer (2020 - Vote all incumbent congressmen and senators out! VOTE THE BUMS OUT!!!)
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To: E. Pluribus Unum

Yep, they earned their name.....


6 posted on 10/07/2019 7:25:41 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents_Know Islam, No Peace-No Islam, Know Peace)
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To: E. Pluribus Unum

And he is lying through his teeth. They never had any assault rifles.


7 posted on 10/07/2019 7:26:18 PM PDT by 17th Miss Regt
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To: E. Pluribus Unum

I think they misspelled their name.

It shouldn’t hve an apostrophe.


8 posted on 10/07/2019 7:26:43 PM PDT by TBP (Progressives lack compassion and tolerance. Their self-aggrandizement is all that matters.)
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To: E. Pluribus Unum

https://www.youtube.com/watch?v=kx_G2a2hL6U


9 posted on 10/07/2019 7:27:20 PM PDT by RomanSoldier19 (Game over, man! Game over!)
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To: E. Pluribus Unum

I would hope that some shareholders are preparing a lawsuit re: breach of fiduciary duty


10 posted on 10/07/2019 7:27:32 PM PDT by Will not Live for another Man (My family's safety does not permit you to ban my weapons)
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To: E. Pluribus Unum

Damn straight. The stockholders should demand it comes out of his comp.


11 posted on 10/07/2019 7:27:46 PM PDT by colorado tanker
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To: E. Pluribus Unum

Ed looks like a Dick.


12 posted on 10/07/2019 7:28:53 PM PDT by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: E. Pluribus Unum

Dumb As A Stump


13 posted on 10/07/2019 7:28:54 PM PDT by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: richardtavor

“If I were a stockholder, I would force a vote for his resignation.”

There should not be a need to go to the shareholders, the board should give him his walking papers for destroying 5 mil of assets.


14 posted on 10/07/2019 7:29:10 PM PDT by Rembrandt (-)
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To: E. Pluribus Unum

The funny thing here...he could have donated them to some police force, and probably gotten tax credits.


15 posted on 10/07/2019 7:30:40 PM PDT by pepsionice
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To: E. Pluribus Unum

What a glorious hero of the people’s unceasing uprising to defeat America. Is proving Leninist ideals. Rising and rising to heights of Marxist achievement to disarm the running dogs of capitalist exploitation. Hail Dick’s. /s

Dick’s Sporting Goods can KMA.


16 posted on 10/07/2019 7:32:28 PM PDT by frank ballenger (End vote fraud & harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: E. Pluribus Unum
i'd like to see the proof
17 posted on 10/07/2019 7:33:55 PM PDT by Chode (Send bachelors, and come heavily armed!)
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To: carriage_hill

I don’t believe this for a minute...unless they claimed the figure on a Schedule C business write-off for taxes.


18 posted on 10/07/2019 7:33:58 PM PDT by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
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To: pepsionice

But the police would have just used them to machine gun young black males on their way to teach Sunday school.


19 posted on 10/07/2019 7:34:03 PM PDT by 17th Miss Regt
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To: E. Pluribus Unum
Great business plan.

Spend all of the company's assets buying up AR's from manufactures, destroy them, sell the scrap metal, manufacture ramps up to supply the buyer......

Buyer goes chapter 13.

Dicks soon to go the way of Oshmans & Hermans.

20 posted on 10/07/2019 7:34:25 PM PDT by Deaf Smith (When a Texan takes his chances, chances will be taken that's fore sure)
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