Dick's Sporting Goods stock shot up nearly 20% on Tuesday after the company announced earnings that beat expectations.
Shares on Wednesday were down slightly from Tuesday's high but were still trading 17% above Monday's closing price. "As we head into the holiday season, we remain very enthusiastic about our business, and we are pleased to increase our full year sales and earnings outlook for the third time this year," Stack added in a statement.
CEO Stack announced the decision in the wake of the school shooting in Parkland, Florida, that left 17 people dead. The gunman behind the shooting rampage at Marjory Stoneman Douglas High School had bought a gun at Dick's in 2017. It was not the gun nor the kind of gun used in the massacre, however.
Good we will NEVER EVER Buy anything from them....
A lot of innuendos in this thread .
I'd give this company a few more years before the pushy radical feminists start demanding that it change its name.
Not selling guns, right?
I.e. We can survive and thrive without being pimped out by gun manufacturers
Trump's great economy
Next Christmas be like. History repeats
And THAT is the power of the NRA.
If they end all gun sales, I’m gonna spend a lot more there.
Your just setting up an anti gun narrative headline tomorrow. Shame shame.
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Source: CNBC - 🏆 12. / 72 Read more »
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