Skip to comments.Dick’s CEO Says They Destroyed $5M Worth Of Assault Rifles
Posted on 10/07/2019 7:21:54 PM PDT by E. Pluribus Unum
Dicks 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 Dicks 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.
Dicks 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. Thats when I said, Were done.'
(Excerpt) Read more at thewashingtonsentinel.com ...
Dont be a Dick.
If I were a stockholder, I would force a vote for his resignation.
As a gun reseller don’t they have to file this with ATF?
If they didn’t don’t they lose their firearms license?
Too late, Ed is a Dick! Could have donated them to the underprivileged Kurds! So selfish!
Yep, they earned their name.....
And he is lying through his teeth. They never had any assault rifles.
I think they misspelled their name.
It shouldn’t hve an apostrophe.
I would hope that some shareholders are preparing a lawsuit re: breach of fiduciary duty
Damn straight. The stockholders should demand it comes out of his comp.
Ed looks like a Dick.
“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.
The funny thing here...he could have donated them to some police force, and probably gotten tax credits.
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.
I don’t believe this for a minute...unless they claimed the figure on a Schedule C business write-off for taxes.
But the police would have just used them to machine gun young black males on their way to teach Sunday school.
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.
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