Dick's Sporting Goods CEO says company destroyed $5 million in guns By Jessica Chasmar -The Washington Times Monday, October 7, 2019
Ed Stack, the chairman and CEO of Dick’s Sporting Goods, said in a new interview that his company destroyed $5 million worth of semi-automatic rifles after removing them from store shelves last year.
Dick’s stopped selling AR-15s after the Sandy Hook Elementary School shooting in 2012 but took it a step further after the 2018 Parkland high school shooting, raising the gun purchase age to 21 and banning the sale of high-capacity magazines and assault-style rifles. It was a highly controversial move that Mr. Stack said cost the company “pretty close” to $250 million.
