Dick’s Sporting Goods ban on some guns dented sales. But weaker gun market also took toll

The Detroit Free Press and USA Today reports that
” While a decision to stop selling assault-style weapons in the wake of the Parkland, Florida, school shooting dented its overall sales, Dick’s Sporting Goods says that the dip reflects a broader weakness in the world of firearms

The nation’s largest seller of sporting goods reported that consolidated same-store sales were down 3.9% in the third quarter, due in part to double-digit declines in the areas of electronics and hunting.

The weak numbers come in the wake of the Dick’s decision in February to not only halt assault weapon sales, but to no longer sell guns to people under the age of 21 in response to the mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida, which left 17 dead.

But broader trends also appear to have had an impact. After breaking records each of the last three years, the number of background checks conducted by the FBI for gun purchases this Black Friday was down 10 percent from that day last year. … During the third quarter, the retailer removed nearly all of its hunting products at 10 locations, replacing them with baseball-oriented items and licensed merchandise. And it may eventually make a similar move at other stores. “

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