Insanity is ruling the day amongst the menatlly diseased "liberals"!
Link to story in which the pudgy, gay CEO of dick's brags about destroying $5,000,000.00 worth of guns.
What a dipschidt (no offense small twig!).

Link: https://www.washingtontimes.com/news/2019/oct/7/ed-stack-dicks-sporting-goods-ceo-says-company-des/

Needless to say they will not be seeing me returning as a customer.
Sad and pathetic.
Hold into the wind
VarmintGuy

Dick's..............

are a Dick.............

Good! Glad the ass lost all that money.

And they wonder why they are losing money AND customers!
Hope they go broke! Fugg em 😡

When will there be a class action by shareholders against the execs???

He couldn't have donated them to a local or county police department? What an a$$! If I was a shareholder, I would be fuming.

Glad I’m not a stockholder. Hasbeen

Bunch of horse shixt.

Sounds like a write off to me.

That just means there’ll be 5 million dollar’s worth of AR’s being sold by someone, somewhere else so WGAFF?

Read this story earlier. I want documented proof this libtard CEO actually destroyed all those guns.

I call Bull Chit.

I don't know about proof, but the pattern of stupidity fits!
At the time when they pulled them from the shelves at F&S, there was no mention of them being destroyed, and I have a hard time picturing even liberal idiots intentionally destroying $5 mill in brand new inventory. They're all noted for their greed and hypocrisy, not their actual love for their fellow man.
Perhaps they were donated to ANTIFA. That I could picture.
7mm

It's PR bullchit.

$5,000,000? AT $500 per each (wholesale price), that's 10,000 AR15s that others will get to manufacture and sell. Buy more and destroy them too, Dick. Best thing you could do to help the industry.

Fuug him and the PR horse he rode in on.

I don't believe that BS.

They probably will destroy them in Chicago.

MSRP.

That's the number for tax purposes.

Do they have to notify the ATF ? It would be fun to Foil.

I doubt that he destroyed anything. That is extremely unlikely. Blatant PR move--most likely a total lie.

Never thought of that! You'd think that any firearm intentionally destroyed as opposed to being sold by a dealer would require proof of destruction to the BATFE.
The was a gun shop in Altoona years ago that was forced out of business because a few guns went out the back door.
7mm

Great buesness plan distroy inventory....

Hmmm...well, they can’t write it off and they can’t claim it as a loss for insurance purposes.


Thank the Lord the gun companies will make more!

I read on another forum that there was a cube van trolling Dick's parking lot with a sign painted on the side...."AR-15 Rifles for sale". I'd be pissed if I was a stock holder and that numbnuts had 5 million bucks worth of inventory destroyed. What a lying tool that CEO is.

Best thing he could have done. Hope they buy and destroy 5 million more. Please remember that they bought and paid for these prior.

Thanks dick from dicks for supporting our gun makers!

PS enjoy being out of business soon

??????

Yup. Plenty to go around

Nope, it would be at cost and only if they were somehow defective... that is not a legitimate cost of doing business.

Sounds like a reasonable thing to do.....but remember libs hate cops. Dicks is hoping to pull libs away from Academy with this stunt. They will be gone in 2 years. Out of business.

Exactly!

This is a Washington Times article. Down the page is another article : Best new handguns for 2019. Their top 12, and not a single one has an orange tip.

They said semi auto so there go the 10-22s and marlins

If I was a stock holder, I'd be selling that junk ASAP. Just the idea of a CEO bragging about this would be enough even if it didn't happen. Brick and mortar stores around the country as struggling and this is going to help how?

They bought $5M worth of AR’s....that’s $5M that flowed from the manufacturers, through the workers hands, distribution centers, truck drivers, etc.

There’s enough market demand that Dicks ordered $5M worth. Demand is still there, manufacturers are still there.

Dick’s dropped their piece of the pie on the floor and there’s another in the oven.

Fook’em...

Scumbags!

Never ever buy anything from dicks.

Bought a pair of sneakers there a couple of years ago. I'd never think of stepping inside one again, though.

Sounds like valuation may be just a bit high or a hoax.
Wonder if someone can prove destruction of any ARs by Dicks?


Let's see if they claim a loss on taxes/stockholder report.

I don't think you can claim a loss on something you intentionally destroy.

Destroy $5M in rifles, lose $25M in sales.

Sounds like they’re in need of a IRS Audit 😜

Correct, I doubt anyone was impulse buying an AR 15 at Dicks while shopping for yoga pants and athletic socks or a Yeti tumbler.

$5 million?

That's a lot of pencil barreled DPMS Oracles

Never really been into AR’s, but now I want one for spite.

Note to Dick's and their leftist ilk:

Murder pre-dates the invention of gunpowder by quite a little bit.

Is Dick's stock traded on the market? I'd be really pissed if I owned stock in that liberal circle jerk of a company and found out they just flat out destroyed 5 million dollars worth of assets.

Hope he burns all the stores down, too.

I'd never know, though.

He is a good liberal.
Private citizens should not have guns.
Only the police, the Army, and the Secret Service should have guns.
Only Big Brother should have guns.

Makes my skin crawl, but this makes liberals all warm and cozy. They are protected by the all powerful State.

Color me skeptical, but that must be a paper write off. No CEO of a corp. that size could survive a $250 whim if it was real dollars.

Does Dick's sell Benchmade knives?

Sounds like a match made in heaven.

Benchmade can help them with destroying those evil guns, too...

Good. At least he didn’t dump the inventory back into the market slowing the manufacturing supply chain for a couple of minutes.....

Don't get one. Get four.

Looking for a dickbeto magnum version.

Kind of pleased I don't own shares in that company.

They will go broke sooner or later

Perfect!

Hopefully, those doosh bags destroyed five million customers in the process.

Be warned if you get one you'll be getting another one..........

There is no shortage of AR15 and companies that make them. SO those will be replaced soon and the gun industry will make more money.
Dick's will loose money because they are in "Banzi-Stupid-Mode" and that is great. Overtly socialist now, so they are boycotted by all American that have sense or brains, (I am only hoping that is enough to cause them to go under, but time will tell) and now they cut their own throats by destroying potential profits.

There are probably 15 companies who make AR15s that will take up the slack and be delighted to do so, in only about 3 days, so NO ONE who can lawfully buy an AR15 will be unable to do so.

So I personally can't see a down side here.

I think they should be encouraged to now destroy $5 million worth of baseball bats, then $5 million worth of hockey sticks, then $5 million worth of barbell weights - all blunt objects that kill more people than falsely-named assault rifles do every year.

What did Benchmade do? I must have missed it.

Oh, wait, I remember now. They helped the police destroy their captured and confiscated guns rather than sell them to the public. Yeah, that sucked, too.

Our local gun stores buy up police captured guns all the time for pennies on the dollar and put them in their used gun cases. I bought a really nice 1961 Colt Government Model (bone stock, and100% reliable) from a local store who got it from the police. The truck was just arriving with boxes full of police captured guns, and I saw the Government Model in the box (all loose), and made an offer right there in the parking lot. We went inside and made the sale.

How long before Dick’s offends the LGBT crowd and changes its name to “Liquid Bodily Waste Disposal Organ Sporting Goods”

Do you have any proof they actually destroyed any guns? Like typical slimy liberals, they'll often claim things that didn't happen.

I'm with you Walt. All they had to do is wholesale them out or send them back to the manufacturer. They would take a hit but nothing like just destroying them.

I wonder if they melted them, with no regard to the environment or global warming and releasing all those toxins in the air....

Anyone here has put their money where their mouth is-------ie Shorting the stock?

Walt501: Do YOU have any proof they didn't destroy the guns?
Sheesh.
Less than 1% of the people on this earth are more aware of and has dealt more with "lying liberals" than "I" - but in this instance I would give credence to the liberal son of a bitch. He would have a lot to lose if the shareholders in "dick's" found out he was lying for some unknown political reason about the guns.
I wonder how they filled out all the form 4473's for the destroyed arms?
"dick's is down the schitter as far as I am concerned!
Hold into the wind
VarmintGuy

I've read a lot of member posts about wishing ill for them, but I don't think many here have offered an actual downturn forecast.

Like most things I read on the internet I highly doubt this is true.

Pics or it never happened.

Gander Outdoors is also already failing. Closing several stores.

I am surprised a stock holder revolt has not happened

Kinda like how you put the screws to Nike when you quit buying $20 gift cards?

Maybe he meant “we de-stored” $5M worth of rifles.

“We took $5M worth of de rifles out of de stores and won’t sell dem to law abiding people”

One would think maybe he’d wanna be on de nightly news with such a stunt and not the back page of de Washington Times.

I have heard from a very unreliable source, that Dick's contacted Eric Holder, and got his input on how to destroy weapons! Don't have a Dick's Sporting goods in town and never bought anything from them. I won't buy in the future from Dick's.

Oops.....missed one small detail.....


“In his book, "It's How We Play the Game: Build a Business. Take a Stand. Make a Difference," which goes on sale Tuesday, Stack wrote that rather than returning the firearms banned by the company to manufacturers, the chain "sawed $5 million worth of rifles into scrap."

Bingo. $5M worth of advertising

Purely propaganda.If only I can save one life.

Maybe he should stop selling football gear too.

Does anyone believe they were willing to trash that much money??

I don't believe it for a second. They were most probably returned to the distributor or to the original manufacturers. 5 million is quite the hit. They're lying, hoping to get favorable press for the soccer mom crowd. Lord knows people who support the 2nd Amendment won't shop there.
If they did, there would have to be proof provided to the BATFE. Every firearm made is tracked by them, at least until it is sold to a private owner.
7mm

Won't take long at all to make that back with the strategic price markups aimed at the mini-van/Suburban driving moms who will pay anything for the unnecessary junk they buy their offspring. The Subaru contingent will contribute their share as well, as they fork out more for their kayaks and swim fins.

Protected right to the FEMA camps.

Follow the money. Either show me the General Ledger entry for the $5MM inventory write down... Or the $5MM transfer of inventory assets to another legal entity. As above, if there truly is a $5MM inventory write down, then show me the requisite paper work to the BATF documenting the destruction of said inventory.

My guess is that there will not be a write down... Just more kabuki theater pandering to their spandex snow flakes...

Orion2000: I am not sure what you are talking about - but if you intentionally destroy your business property YOU can NOT write that off in any way shape or form!
Let me know how your call in to the dick's C.E.O. goes regarding him diminishing the taxable income of his business by the amount of money that he intentionally and voluntarily destroyed.
I am not defending the prick - I am just saying you are grossly misinformed/mistaken!
What you are describing is known in legal "circles" as "FRAUD"/tax evasion!
Both criminal and civil penalties will arise.
Sheesh.
DON'T SHOP dick's!
Hold into the wind
VarmintGuy

F.O.I.A.?

There would not be any report to BATFE on destroyed inventory. They would simply make an entry in their bound book for each destroyed firearm and that is NOT a public record.

I don't either.

His political bent and butt buddies can't be seen supporting a white, racist police force.

Freedom of information act?
I don't understand your point.
I really ain't losing any sleep either way. If they took a $5M hit, that's great. I'm sure that Ruger, S&W and the others can replace those guns, and its money in their pockets. If the guns were sent back, they no doubt found their way to another vendor who ain't so self righteous.
We gun nuts didn't gain anything, but we didn't lose anything either.
As far as Dick's, I never spent a dime there that I can recall. I bet I've only been in one of their stores a few times. I admit to buying a couple off F&S, but I haven't spent a dime there either since they showed their true colors.
7mm

paid liars.

Any CPA's or other accountant types out there ? Almost 30 yrs. ago when I worked in a non-hazardous waste incinerator we destroyed a lot of early VHS video camcorders that had been discontinued and were almost obsolete. They were all brand new never sold. Ran a few tractor trailer loads through a giant hammer shredder and into the incinerator. We heard the company got some kind of write-off on their taxes,,,,,, And the I.R.S. had people there to witness the process to ensure the stuff had indeed been destroyed. If Dick's were to destroy that many guns wouldn't the tax man ( or BATF), have some folks there to verify it ? And what's the name of that procedure if the I.R.S. is involved ?

Not going to read the whole thread but it sounds like a win win for gun owners and gun companies. Five million dollars worth of ARs were bought and paid for by Dicks. They did not sell them, so that means the demand for five million dollars worth of ARs was not met. Now the companies will get to make and sell them again for other people to sell in order to meet the demand.

Probably transferred them to FIeld and Stream stores which coincidentally have no problem displaying and selling them.

I hope the local LGS gunstore has expansion plans. I won't step foot in a Walmart,Field and Stream or Dicks. Ganders is out of business here. I have to drive 50-90 miles to get to a semi-decent gunstore.

I thought you’d said BATFE would have a record of each one or something. Anyway, WGAF. It’s just dicks being dicks.

Good point on calling Dick's CEO. On my list for tomorrow.

Also, if they actually did destroy these firearms, there should be an additional cost involved for having them destroyed. How much? What means were used to destroy of these firearms and what was done with the resulting waste?

From my understanding of federal laws the BATFE would absolutely have to be notified of the destruction of any firearm not sold or donated to a final end user.
I have worked in firearms sales and those guns must be accounted for every day at opening and closing. If There's a fire or they're otherwise destroyed, they've got to be "taken out of the system". Someone with an FFL or more experience could probably explain way better than me.
But as I said, those guns most be accounted for until they reach their end user.
Wether a private citizen would be able to access that information I wouldn't know. Like I said, hopefully someone here can enlighten us both.
7mm

Maybe it’ll be in that azzholes next book. Would love to see that he violated some firearms law and pay even more.

If a damn police department makes a video of Benchmade carving up rifles I can’t imagine Dick’s would pass on the PR campaign to the same.

I won't spend any money there, even on a real good deal... and that was long before they announced all of this crap...

5 million dollars worth are going to sell anyway.. if not by them, then someone else...

but when they say $5m worth... is that at dealer cost, or retail price....

I am sure the latter, and they are just trying to be heroes and hanging their hats on the leftists and Gay crowd and hope they will pull their financial disposition to a turnaround..... by pulling it out of their asses...

but I wouldn't have taken one of those firearms from Dick's even if THE DICKS were giving it to me for free....

Yep. If LEO Departments destroys any confiscated guns the have, they’ve got to notify ATF and provide serial numbers

Be ironic if Dick’s failed to do so and they get fined BIG TIME !
Or better yet, shut down !

Chlinstructor: Wouldn't that be "justice" - the "dick's" folks getting their asses in a wringer for "destroying" their own property!
He-he.
Hold into the wind
VarmintGuy

Only a complete moron would think Dicks, with all their corporate lawyers and bean counters, would not know exactly what they would have to do to legally destroy their own property.

A better assumption would be Dick's definition of "destroy" is different than the brain trust of the Fire's definition.

Dick.