Another win for our side
When Dick’s Sporting Goods said it was going to stop selling so-called “assault weapons” at its Field & Stream stores and require any gun buyer to be at least 21, despite the fact that federal law says 18 is the age for long guns, did it make you wonder how the retailer was going to return all those firearms? Well, no worries on that front now. Seems Dick’s has decided to destroy all the guns instead.
That’s right. The company announced that it would destroy them, and accessories for the guns in question, in accordance with federal guidelines and regulations. No word on how many guns will be destroyed, but Wall Street didn’t take well to the news, with Dick’s losing almost 2 percent in trading on Tuesday.
The rifles will be demolished at various Dick’s distribution centers, after which they’ll be taken to a salvage company for recycling.
About two weeks after the Valentine’s Day shooting at Marjory Stoneman Douglas in Parkland, Fla., Dick’s was one of the nation’s big retailers (Walmart was another) that arbitrarily decided to enforce its own form of gun control, limiting sales of AR-15 platform guns and raising the buying age for rifles.
Dick’s has faced some blowback, with a couple of discrimination lawsuits pending, and its stock has been trading in the $30-$35 range much of this calendar year.
Dick’s might have thought the gun control moves were in line with public sentiment, but it’s likely to end up costing the company on the bottom line.for our side;
When a company says it is going to destroy some of it's stock that is a big deal. Weep NRA!!
Posted by DruviusMake it make sense.
Posted by FrostyJim...what a sad situation.
Posted by ButtercupI doubt she said it buts it's cute.
Posted by Smurfing101
Posted by DruviusAh yes, modern America.
Posted by Tejas
Posted by SwitchcraftSandy Hook 13th sad anniversary - 12/14/12
Posted by SwitchcraftSandy Hook 13th sad anniversary - 12/14/12
Posted by MoravianSad but true.
Posted by DruviusAlways loved this one.
Posted by TejasAnti trump pistol. Do you have mixed feelings about it?
Posted by TejasLook at this scary gun!
Posted by Tejas
Posted by SeaGreenEyezThe most unaware "Awareness Day" in America was yesterday.
Posted by SeaGreenEyezThe most unaware "Awareness Day" in America was yesterday.
Posted by SeaGreenEyezThe most unaware "Awareness Day" in America was yesterday.