The company removed firearms and hunting accessories from 10 stores last fall as a test. The test went well and sales grew in those stores, said Dick. Thus the company decided to extract guns, ammunition and accessories for firearms from another 125 stores where sales of the goods underperformed.
The company's shares fell sharply this week after returning sluggish gains. Shares fell by about 6% this year
This is the dealer's latest move to downsize his arms sales, even if overall sales have fallen behind. Stack also hinted that Dick could remove guns from other stores in the future. The company operates more than 720 Dick stores across the country.
"We consider this initiative as a multi-year initiative," he said. "If it's going well, we'd probably bring another batch of stores next year," said Stack.
"You know that everyone talks about thoughts and prayers that come to them: it's great, but it really doesn't do anything," he said. CNN after filming. "We felt we had to take a position and do this."
"In practice I said," I don't care what the financial implications are, "he recalled in a recent appearance on the WSJ's Governing Council.  – CNN Business "Chris Isidore contributed to this report.