{"id":375567,"date":"2018-08-31T07:06:42","date_gmt":"2018-08-31T06:06:42","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-dicks-sporting-goods-isnt-doing-well-youll-never-guess-why\/"},"modified":"2018-08-31T07:06:42","modified_gmt":"2018-08-31T06:06:42","slug":"prison-planet-com-dicks-sporting-goods-isnt-doing-well-youll-never-guess-why","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-dicks-sporting-goods-isnt-doing-well-youll-never-guess-why\/","title":{"rendered":"Prison Planet.com \u00bb Dick\u2019s Sporting Goods Isn\u2019t Doing Well. You\u2019ll Never Guess Why"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><a href=\"https:\/\/www.dailywire.com\/news\/35214\/dicks-sporting-goods-isnt-doing-well-youll-never-emily-zanotti\"><strong>Daily Wire<\/strong><\/a><br \/>August 30, 2018<\/p>\n<p><strong>Dick\u2019s Sporting Goods had a rougher-than-expected last quarter with chain-wide sales tumbling 4%, <a href=\"https:\/\/www.cnbc.com\/2018\/08\/29\/dicks-sporting-goods-shares-slide-as-retailer-misses-second-quarter-sales-forecasts.html\">according to CNBC<\/a>, and the retailer is placing the blame, at least partly, on its own decision to \u201cpull back from the hunting business.\u201d<\/strong><\/p>\n<p>Part of the problem is Under Armour, which switched its focus earlier this year from large-scale sports retailers to mid-level department stores. Consumers can now buy Under Armour products at stores like Kohl\u2019s, where goods go on sale more often and where consumers can use coupons.<\/p>\n<p>The other half \u2026 well \u2026 Dick\u2019s Sporting Goods CEO Ed Stack tried to couch it as best he could, but it\u2019s clear that destroying the company\u2019s stock of AR-15s and other assorted \u201cassault rifles\u201d had an impact on Dick\u2019s bottom line.<\/p>\n<p>\u201cAs expected, sales were impacted by the strategic decisions we made regarding the slow growth, low margin hunt and electronics businesses, which accounted for nearly half of our comp decline,\u201d Stack said in a statement. \u201cIn addition, we experienced continued significant declines in Under Armour sales as a result of their decision to expand distribution.\u201d<\/p>\n<p><a href=\"https:\/\/www.dailywire.com\/news\/35214\/dicks-sporting-goods-isnt-doing-well-youll-never-emily-zanotti\">Read more<\/a><\/p>\n<p>      <!-- END CONTENT --><\/p>\n<p style=\"color:#333; font-size:11px;\">This article was posted: Thursday, August 30, 2018  at  8:11 am<\/p>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/><!-- share and follow --><br \/>\n      <!-- end of share and follow --><\/p>\n<div class=\"print_sub\">\n<h3 class=\"sub_titles\">&#13;<br \/>\n        \t<a href=\"https:\/\/www.prisonplanet.com\/dicks-sporting-goods-isnt-doing-well-youll-never-guess-why.html\/print\/\" title=\"Print\" rel=\"nofollow\"><img decoding=\"async\" class=\"WP-PrintIcon\" src=\"https:\/\/www.prisonplanet.com\/wp-content\/plugins\/wp-print\/images\/printer_famfamfam.gif\" alt=\"Print\" title=\"Print\" style=\"border: 0px;\"\/><\/a><br \/>\nPrint this page.<\/h3>\n<\/p><\/div>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/>\n<p><!--\n      \n\n<div class=\"nextpage\">\n              <\/div>\n\n \n -->    <\/p>\n<p><!--\n<iframe loading=\"lazy\" width=\"600\" height=\"338\" src=\"http:\/\/www.youtube.com\/embed\/Gm2pZEeYN0E?list=UUvsye7V9psc-APX6wV1twLg\" frameborder=\"0\" allowfullscreen><\/iframe>\n--><\/p><\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/dicks-sporting-goods-isnt-doing-well-youll-never-guess-why.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Daily WireAugust 30, 2018 Dick\u2019s Sporting Goods had a rougher-than-expected last quarter with chain-wide sales tumbling 4%, according to CNBC, and the retailer is placing the blame, at least partly, on its own decision to \u201cpull back from the hunting business.\u201d Part of the problem is Under Armour, which switched its focus earlier this year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-375567","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/375567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=375567"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/375567\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=375567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=375567"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=375567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}