So why did the stock drop 9% at the open? Yeah it recovered but still down significantly (>2%). SSS decline of 4% is NOT good and they missed on gross revenue, yes they beat EPS consensus but that was a "lowered expectations" consensus.Someone did not read the whole article. They did quite well actually.
While the (loss of) gun sales may have had some effect, I doubt it was really all that significant as they didn't sell very many to begin with.So why did the stock drop 9% at the open?
But no doubt gun sales decline was significant to their results.
Ask all those who are fond of appendix carry.....:icon_eek:I for one think it was a good idea for Dicks to stop selling guns. Why would guys want guns anywhere near their <parts>?