The company removed firearms and hunting supplies last fall as a test. The test went well and sales rose in these stores, Dick's said. As a result, the company decided to purchase weapons, ammunition and weapon accessories from another 125 outlets where sales of the goods were below average.
The company's stock fell sharply this week after recording weak earnings. The shares fell by around 6% this year.
This is the retailer's latest move to reduce arms sales, even if total sales are lagging behind. Stack also hinted that Dick & # 39; s could remove more weapons from its stores in the future. The company operates more than 720 Dicks stores across the country.
"We see this as a multiyear initiative," he said. "If things go as expected, we'll likely have a couple of stores next year," Stack said.
"They know that everyone is talking about thoughts and prayers that go to them, it's great, it does not matter," he told CNN after the shoot. "We felt we had to take a stand and do that."
"I basically said, 'I do not care what the financial implications are,' he recently recalled to the WSJ CEO Council.  – Chris Isidore of CNN Business contributed to this report.