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Jan 15, 2022
12:45:32pm
JOPE Resident Golf Fanatic
I think they should sell guns, I would shop there more. But the impact in all honesty has been zero from a financial
Perspective.

The stock was trading at $31 a share in 2018 when they made the announcement to stop assault rifle sales and ban people under the age of 21 from buying guns. It was about the same in early 2020 when they announced they would stop all gun sales. The stock initially tumbled…but the whole market tumbled at that same time (covid) but it is now worth $111 per share.

Dicks revenue was 9.6 billion in 2021 vs. 8.4 in 2018. So maybe their revenue would’ve grown even more? But at the end of the day it’s literally had no noticeable impact on the company, which by all accounts is doing really well.

My guess is the Field & Stream stores revenues are way down, but that’s such a small part of the overall company it probably doesn’t matter.
JOPE
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JOPE
Joined
Oct 4, 2001
Last login
Jun 13, 2024
Total posts
47,320 (9,408 FO)
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