proposed laws

PA Bill Number: HB102

Title: In hunting and furtaking licenses, further providing for eligibility for license.

Description: In hunting and furtaking licenses, further providing for eligibility for license. ...

Last Action: Referred to GAME AND FISHERIES

Last Action Date: May 24, 2019

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Dick's to stop selling guns in 125 stores amid sales fallout from ban :: 03/13/2019

Dick’s Sporting Goods is planning to eliminate guns and other hunting products from 125 stores in 2019, a move that comes as the retailer continues to suffer fallout from its controversial decision to ban the sale of some firearms.

The Coraopolis, Pennsylvania-based chain removed the category from 10 stores in 2018, locations which then “had a strong margin rate improvement,” CEO Ed Stack told investors on Tuesday.

The in-store sections will be replaced with “merchandise categories that can drive growth," he said.

Following a shooting in Florida in February 2018 that left 17 students and staff dead, Dick’s hiked the minimum age to purchase a gun to 21 and prohibited the sale of AR-15 style rifles.

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While Stack previously predicted it would bring in new customers, the decision has led to a decline in earnings in the firm’s hunting business.

In the three months through Feb. 2, declines in the sector drove a 3.7 percent drop in same-store sales. Overall, sales dropped 6.5 percent to $2.5 billion, the company said on Tuesday. Profits fell to $694 million, or adjusted to $1.22 per share – higher than analysts expected.

https://www.foxbusiness.com/retail/dicks-to-remove-hunting-products-in-125-stores-amid-fallout-from-gun-ban