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Dick’s Sporting Goods Takes Estimated Loss $150 Million Sales After Restricting Gun Sales

Dick’s Sporting Goods Takes Estimated Loss $150 Million Sales After Restricting Gun Sales
An AR-15 was used in the Marjory Stoneman Douglas High School shooting in Parkland, Fla. Dordon Brack, aims a semi-automatic AR-15 that is for sale at Good Guys Guns & Range on Feb. 15, 2018, in Orem, Utah. George Frey/Getty Images
Jeremy Sandberg
|Updated:
Dick’s Sporting Goods has reported taking an estimated loss of $150 million in sales or 1.7 percent of annual revenues in a report by Bloomberg.  after Dick’s Sporting pulled assault-style firearms from its shelves in response to the Parkland School shooting last year.

In February 2018, Dick’s decided to stop selling assault-style firearms and restrict gun sales.

Jeremy Sandberg
Jeremy Sandberg
reporter
Jeremy Sandberg is a New York based reporter originally from British Columbia, Canada. He focuses on Wall Street and other business news.
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