Dick's Sporting Goods posts best sales quarter in six years
Jeff Platsky
Binghamton Press & Sun-Bulletin
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Stack, who has been running the company since inheriting it from his father in the 1980s, has taken a very public stand on strict controls for semiautomatic weapons that brought pointed criticism from gun rights advocates and praise from opponents.
During the quarter, Dick's sold eight Field & Stream stores, targeted to outdoor enthusiasts, to Sportsman's Warehouse for $28 million.
Company officials made no announcement on additional hunting. department closings in the 600 stores in which the segment remains, though Stack hinted the company may announce the unloading of the remaining Field & Stream stores in the near future.
"A strategic review of our hunt business is continuing," Lee Belitsky, chief financial officer, said during an hourlong conference call with analysts.
