Article

2019-10-09 Economy

Dick's CEO Says Anti-Gun Policy Shrank Company by a ‘Quarter Billion Dollars'

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Posted by Besoeker 2019-10-09 14:15|| || Front Page|| [5 views ] Top

#1 "In the company's 2018 annual report, he wrote that gun sales were a "sizeable part" of Dick's business" Are they a privately held company, how does he still have a job?

There are many ways they could have gone about removing guns from inventory (Sell existing stock, split the company to create a hunting-based spin-off, quietly return the guns to the manufacturers) but Dick's CEO insulted customers while virtue-signaling to never-gonna-be-customers and he cost the company big.

And he said the losses are about what he expected. He should be tarred-and-feathered.

Posted by Rjschwarz 2019-10-09 14:55|| 2019-10-09 14:55|| Front Page Top

#2 And he said the losses are about what he expected

I'm so old, I remember when CEOs wanted to make a profit.

Posted by SteveS 2019-10-09 16:40|| 2019-10-09 16:40|| Front Page Top

#3 Now watch'em give all the senior leadership massive Christmas bonuses, then shutter everything in Feb, 2020.

Posted by Besoeker 2019-10-09 19:00|| 2019-10-09 19:00|| Front Page Top

#4 'shutter',
NOT 'stutter'.

Posted by Skidmark 2019-10-09 19:01|| 2019-10-09 19:01|| Front Page Top

#5 "Stutter" is what the senior leadership do when asked to explain why they lost so much money that lead to shuttering the company...

So you're not wrong Skidmark!

Posted by Seeking Cure For Ignorance 2019-10-09 21:41|| 2019-10-09 21:41|| Front Page Top

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