Dick’s CEO Destroyed $5M Worth Of Rifles After Store Gun Ban

The CEO of Dick’s Sporting Goods now says that his company destroyed $5 million worth of rifles in their stockrooms rather than sell them to the public.

CEO Ed Stack recently told CBS News said that he felt losing the sales that destroying $5 million in products represented was an acceptable loss in light of his company’s about face on guns and its decision to turn on a dime and become an anti-gun and anti-Constitution corporation.

Last year, Dick’s decided to stop selling rifles that he erroneously calls “assault weapons.” But that left the company with $5 million in unsold guns in its stock.

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“I said, ‘You know what? If we really think these things should be off the street, we need to destroy them,” Stack told CBS.

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Stack said that his decision was sparked by discovering that one of his retail outlets had sold a shotgun to the shooter who left 17 people dead during a rampage at Marjory Stoneman Douglas High School in Parkland, Florida.

“We found out that we sold this kid a shotgun,” Stack also told CBS. “That’s when I said, ‘We’re done.'”

The monster that killed 17 in the Florida school did not use a shotgun during his crime.

Stack noted that the decision has cost Dick’s $250 million so far as people avoid his stores over his anti-gun policies.

Indeed, Stack said he was shocked by the loss.

“We probably get a little bit of a backlash, but we didn’t expect to get what we got,” he said. “All this about, you know, how we were anti-Second Amendment, you know, ‘we don’t believe in the Constitution,’ and none of that could be further from the truth. We just didn’t want to sell the assault-style weapons that could inflict that kind of damage.”

Thus far, 125 of the company’s 729 stores no longer sell guns of any kind. Stack added that he intends to expand that eventually to all Dick’s locations.

Follow Warner Todd Huston on Twitter @warnerthuston.

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