Dick's Ceo Says Anti-Gun Policy Created ‘Quarter-Billion Dollar’ Loss

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Dr. Dickie
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Post by Dr. Dickie »

Joecruiser wrote:
Sun Nov 03, 2019 9:20 am
It's crazy to think that the stock holders are OK with losing their investment.
They'll go belly up soon...like Sports Authority did.

I only go to Dicks to try on stuff....then I order online.
I was just at Sports Authority on Friday. News to me they went out of business.
Seems they mostly sell clothes, I went to get some plates for weight lifting. Hard to find there, but they did have some.

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MARK
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Location: Space Coast

Post by MARK »

AirForceShooter wrote:
Sun Nov 03, 2019 7:59 am
And he still has his job?????

I can't figure that one out

AFS
His father started the company, they had differences so his father said 'buy me out' and he did. So even if the company is publically traded it is still privately controlled.

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Grip Hugger
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Location: Lake County

Post by Grip Hugger »

They can shove Dick's up their asses! They suck and will pay for it! Lol Damn, that sounds like a low rate porno! :lol:
The shooter formerly called #1Glock30

dammitgriff
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Joined: Tue Jul 31, 2018 11:06 am

Post by dammitgriff »

MARK wrote:
AirForceShooter wrote:
Sun Nov 03, 2019 7:59 am
And he still has his job?????

I can't figure that one out

AFS
His father started the company, they had differences so his father said 'buy me out' and he did. So even if the company is publically traded it is still privately controlled.
They must be from a different school of economics if they’re okay with a $250B loss. Corporations exist to make a profit, not to narrow their margins.
I guess the market will decide their ultimate fate like it does for every business.

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CaptBarty
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Post by CaptBarty »

The virtue-signaling oozes off the page. I’ll bet he got quite a few gold stars from the teacher in 1st grade, especially if he told the teacher, “Teacher, Teacher, Billy threw a spitball (aren’t i gooood?).
It is, it is a glorious thing to be a pirate king.

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BIG JOE
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Post by BIG JOE »

DKS stock had few ups & downs. Not to unusual. December 25 is coming up fast. If your a retailer this last quarter can make you or break you.
If I had some retailers stock, I don't, I would expect it to make money this time of year. Not take a $250 billion loss and write it off on taxes.
Something smells here and it ain't eggnog & rum.
BIG JOE

knite7
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Joined: Fri Jul 20, 2018 9:31 pm

Post by knite7 »

I don't understand. Is it $250,000,000 in profits, or $250,000,000 in revenues? Two different things.
When the enemy is in range ... so are you.

Joecruiser
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Location: Coral Gables

Post by Joecruiser »

Dr. Dickie wrote:
Mon Nov 04, 2019 6:02 am
Joecruiser wrote:
Sun Nov 03, 2019 9:20 am
It's crazy to think that the stock holders are OK with losing their investment.
They'll go belly up soon...like Sports Authority did.

I only go to Dicks to try on stuff....then I order online.
I was just at Sports Authority on Friday. News to me they went out of business.
Seems they mostly sell clothes, I went to get some plates for weight lifting. Hard to find there, but they did have some.
They're still around? The Dade county SA became......Dicks, like 5 yrs ago. I assumed all SA went belly up
aka: Dolfan

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BIG JOE
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Post by BIG JOE »

That should say $250 Million. My mistake. The original post quotes DKS saying "The hunting category is a sizeable part of our business; however, there has been an overall slowdown in sales in this category since the announcement of our new firearms policy," he wrote in the company's 2018 annual report. Sales seems to indicate revenue. They also do not say what items are included "in this category"
BIG JOE

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