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Hot And Cold Weather Caused Dick's Revenue Shrinkage

Tyler Durden's picture




 

Water is wet. Sky is blue. Spring follows Winter. All things we hold as true and yet, it appears the last of these has managed to foil the best laid plans of Dick's Sporting Goods amid their dismal earnings call. The company at once blamed 'warmer weather' than expected for shrinkage in its outerwear sales and because "it didn't look like Winter was going to come," the firm then blamed excessively cold weather and its lack of outerwear inventory to meet those needs. Just as the firm said, "we're not as smart as we look," as it appears that unless we get Goldilocks perfection year-round, retail sales are all but a pure guess on meteorological mysticism.

From Dicks' Sporting Goods Earnings Call...

Dicks: ...Higher than anticipated sales in hunting were more than offset by significantly lower expected sales in outerwear and cold weather accessories as we experienced warmer weather relative to this year versus last year during peak selling periods...

 

Dicks: ...the warm weather again this year, we significantly reduced receipts of our partnership orders in winter outerwear and related accessories...

 

Dicks: ...Although as we finally received cold weather along with snow in January, it had a negative effect on our store sales performance for the back end of Q4 and into Q1.

 

Dicks: ...It didn't look like winter was going to come again and then when we did get some of the colder weather, we didn't have enough inventory to really support those sales

 

Analyst: ...I guess the first question is a tough one but retailers have been dealing with weather problems for as long as they've been around but is there any new technology that you think will help this type of problem?

 

Dicks: ...Based on the temperature, we can pretty much predict on a day-by-day basis what our business is going to do. The issue is we can't influence the temperature.

 

Dicks: ...I've said this a hundred times when it's been cold and we've had a lot of snow, I've indicated to the Street, hey! we're not as smart as we look, the weather was helpful to our business and when the weather isn't helpful to our business we're not as dumb as we look  but what we can do to change how to predict the weather and how sales are going to be based on the weather, I don't see anything different next year than this year   and I don't see anything different five years from now than this year.

 

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Tue, 03/12/2013 - 20:23 | 3324388 otto skorzeny
otto skorzeny's picture

sure it had nothing to do with the fact that you guys were sold out of guns/ammo before Xmas-that and people can buy alot of Dick's overpriced shit for cheaper on the internet-if they can afford it at all

Tue, 03/12/2013 - 20:28 | 3324402 krispkritter
krispkritter's picture

Dick-heads...that's what you get for bending over on the 2nd Amendment issue. 

Tue, 03/12/2013 - 20:30 | 3324409 otto skorzeny
otto skorzeny's picture

I have no reason to go to Walmart anymore since they don't restock ammo.

Tue, 03/12/2013 - 20:42 | 3324436 krispkritter
krispkritter's picture

Local Wally employee told me that the smart shoppers wait at the back entrance on to the shopping floor for the carts in the morning. They then take their 'limit'(currently 3 boxes) and head for the cashiers. Most of it never sees a shelf...I'm stocked so I don't see the need for that but it goes to show how dedicated people are. Haven't found any 12ga, .223, 7.62x39, .40, .45, etc. for more than 3 months now at 4 Wally's I visited. Hell, I was worried when Gainesville took almost 3 weeks to fill my last boat ballast order...just came in so now I can go fishing again...

Tue, 03/12/2013 - 21:01 | 3324480 WayBehind
WayBehind's picture

"Dicks: ...Higher than anticipated sales in hunting"

 

Finally some good news, hahaha, GOT AMMO?

 

Molon Labe

Wed, 03/13/2013 - 01:26 | 3325103 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is not understand complex financials, but even Boris is know bad weather is shrink dick.

Wed, 03/13/2013 - 07:13 | 3325277 Oquities
Oquities's picture

i bot a box of ammo for a friend's birthday at Dick's because every other store was sold out.  when i told the gun clerk i only came there because i had to, he said that if he did not work there that he would not shop there either.  also told me he shoots an AR-15.

Thu, 03/14/2013 - 01:02 | 3328759 Boris Alatovkrap
Boris Alatovkrap's picture

Non jam AK-47 is rule!

Tue, 03/12/2013 - 21:05 | 3324487 Supernova Born
Supernova Born's picture

YES! I was waiting/hoping for this exact story.

DICKS! They can go eat a bag of same.

Tue, 03/12/2013 - 21:32 | 3324583 johnQpublic
johnQpublic's picture

yes they can eat a dick

tend to forget alot of their customers are hunters and shooters who are boycotting them and going to cabelas, bass pro etc

 

Tue, 03/12/2013 - 23:02 | 3324813 Blythes Master
Blythes Master's picture

....a bag of dicks.....

are they in a ziplock baggie all squsged together like a buncha squids.

or are they in a paper sack, sticking up like a buncha bagettes?

Tue, 03/12/2013 - 23:24 | 3324880 Imminent Crucible
Imminent Crucible's picture

"Hot, cold weather cause Dick's shrinkage"---LOL. Only on Zero Hedge.  A lot more people would read Forbes if they came up with such disreputably clever headlines.

Respectability is SO overrated.

Tue, 03/12/2013 - 21:25 | 3324548 Muddy1
Muddy1's picture

You are right, you have to be there when they stock the shelves.  We have 2 local Wally's.  One stocks ammo around 9:00pm, the other around 7:00am.  Be there or miss out.  The one had a nice supply of .40 S&W, and Winchester .45 ACP a couple of nights ago.  No problemo.

As for Dicks's, they should've thought through the consequences of their decision to stop selling firearms.  I don't feel sorry for them one bit.

Tue, 03/12/2013 - 21:33 | 3324591 johnQpublic
johnQpublic's picture

wal mart has a nice setup for watching their inventory online so you can check your local stores and haul ass over and get it before it sells out

Tue, 03/12/2013 - 21:34 | 3324595 DirkDiggler11
DirkDiggler11's picture

Did you notice the amount of out-of-stocks on silver coin inventory at Gainesville Coin? It appears that half the coins they offer are out of stock right now. I did not see nearly the amount of OOS items in all of 2012. Definitely getting interesting .....

Tue, 03/12/2013 - 22:33 | 3324740 Son of Loki
Son of Loki's picture

One excuse fter another.....but mine is for real, "the dog ate my assignment."

Tue, 03/12/2013 - 20:31 | 3324412 nmewn
nmewn's picture

A-Yep.

Tue, 03/12/2013 - 20:46 | 3324446 krispkritter
krispkritter's picture

BTW...last name ends in 'less'...so I'm really glad I wasn't named 'Richard'.

Tue, 03/12/2013 - 20:37 | 3324426 myptofvu
myptofvu's picture

Yeah, didn't they jump right at the opportunity to remove AR 15s from the shelves?

Tue, 03/12/2013 - 21:02 | 3324483 kliguy38
kliguy38's picture

five stars

Tue, 03/12/2013 - 22:29 | 3324731 The Axe
The Axe's picture

right on  bro   ha ha Cabellas     cause they got ammo     earnings off the walll....plus they let me shot inside the store,,while i drink a coke......lol    love it....they even sell tracers...

 

Tue, 03/12/2013 - 20:25 | 3324390 Charles Nelson ...
Charles Nelson Reilly's picture

I guess they didn't factor in all the overpriced crap they sell. You can only hawk so many $275 North Face jackets to the sheeple.

Tue, 03/12/2013 - 20:31 | 3324413 american eyedol
american eyedol's picture

wait till all those people with that northface crap have to buy their obamacare first then try to buy northface

Wed, 03/13/2013 - 06:39 | 3325256 Havana White
Havana White's picture

dumb

Tue, 03/12/2013 - 21:21 | 3324541 Offthebeach
Offthebeach's picture

Nothing like seeing some pasty face, chubby she sheeple in her North Face gear getting chips, sodas, muffins.
And then there are the Patagonia trust fund posers.
I work outdoors construction most every day. Salvation Army baby! I'm only going to destroy it anyways, so why buy new? Work jeans,( Eddy Bauer, Old Navy....) 5$. Thick hoodsies, 5$. Sweaters, 2$. New misprint t-shirts, a buck.

Guns? Just got a 1930' s metal lathe/mill machine. Free. Time to replicate the British Sten submachine gun. Put it on YouTube.....

Wed, 03/13/2013 - 16:26 | 3327393 daveO
daveO's picture

When lathes are outlawed, only outlaws will have guns!

Tue, 03/12/2013 - 20:25 | 3324391 max2205
max2205's picture

They are as dumb as they look....overpriced plastic clothes

Tue, 03/12/2013 - 20:28 | 3324392 Lendo
Lendo's picture

Didn't they stop selling assault rifles?

Tue, 03/12/2013 - 20:37 | 3324427 A Lunatic
A Lunatic's picture

Yes, and that is where Dicks screwed the pooch.......

Tue, 03/12/2013 - 21:05 | 3324490 nmewn
nmewn's picture

"Didn't they stop selling assault rifles?"

Ah-ah-ahhh...Personal Defense Weapons.

Thats what the government calls firearms for their citizen-employees...we should at least use the same terminology ;-)

Tue, 03/12/2013 - 21:26 | 3324555 Offthebeach
Offthebeach's picture

If " civilians ", Muppets, sheeple have them, they are assault weapons. If Fedgov bootlicks have'm, they are " self defense " tools.

Tue, 03/12/2013 - 21:34 | 3324593 nmewn
nmewn's picture

That would be the PR game they're trying to run...its about played out though...lol.

Tue, 03/12/2013 - 21:54 | 3324647 Osmium
Osmium's picture

Don't forget, they get the "Select Fire" version.

Tue, 03/12/2013 - 22:07 | 3324673 nmewn
nmewn's picture

Exactly right...select fire...a "real assault weapon".

So here we are, in the surreal world of MSM-government speak, led to believe the people can't have assault weapons, when in fact the government (and FFL's) are the only ones who can have them...and government employees get them for freeeeee! (naturally) charged to the accounts of those who are forbidden to have them.

Somethings not quite right here ;-)

Tue, 03/12/2013 - 22:11 | 3324685 The Gooch
The Gooch's picture

It's for the CHILDREN!


 

Wed, 03/13/2013 - 06:45 | 3325260 Havana White
Havana White's picture

Same with C4.  I just shake my head these days, good God.

Tue, 03/12/2013 - 20:26 | 3324393 mac_daddy
mac_daddy's picture

And of course comeing out anti-2nd amendment could not of helped either.

Tue, 03/12/2013 - 20:27 | 3324398 Rustysilver
Rustysilver's picture

I was at Dick's last week. Very much empty store. I don't vist many stores but if this any indication, we are in deep trouble.

Tue, 03/12/2013 - 20:29 | 3324405 otto skorzeny
otto skorzeny's picture

I stop at Gander Mountain once and awhile to look around with the kids-if there was no gun department the place would be empty

Tue, 03/12/2013 - 20:27 | 3324399 gimli
gimli's picture

They are truthfully just dickheads

Tue, 03/12/2013 - 20:28 | 3324401 Yen Cross
Yen Cross's picture

 That's what happens when Corps. think with the wrong head. Soon to be rebranded [Cocks Sporting Goods]...

Tue, 03/12/2013 - 20:28 | 3324404 dark pools of soros
dark pools of soros's picture

i bought some socks there today...

Tue, 03/12/2013 - 22:12 | 3324687 The Gooch
The Gooch's picture

Did you fill them with shit and throw them back inside?

 

Wed, 03/13/2013 - 00:42 | 3325019 enloe creek
enloe creek's picture

big belly lol

Tue, 03/12/2013 - 20:29 | 3324406 GOLD AND SILVER...
GOLD AND SILVER NATZI's picture

Dick's has (had) some of the absolute best deals on ammo before TSHTF in December.  I remember buying 50 round packs of Remington UMC for $21.99, and you could buy three at that price and get the fourth one free.  It came out to around $0.30 cents a round or whatever.  Even after the craziness, they still ran good deals on 12 guage 2 3/4" 1oz slugs.  I saw one deal where it was a pack of five for $3.99, buy four get one free.  I never saw it cheaper on the internet ever, not even close.

Now, all they have (much like everyone else) is birdshot and clay pigeon shooting shells.  Bummer.

Tue, 03/12/2013 - 20:31 | 3324411 Stuck on Zero
Stuck on Zero's picture

And the sun was in their eyes.

 

Tue, 03/12/2013 - 20:33 | 3324416 trollin4sukrz
trollin4sukrz's picture

They need to start carrying (coughcoughcoughin) nails

Tue, 03/12/2013 - 20:35 | 3324420 tawdzilla
tawdzilla's picture

Maybe Dick's is onto something...

Algore once famously said that global warming is causing global cooling.

Tue, 03/12/2013 - 20:35 | 3324421 espirit
espirit's picture

Dick's shrinkage caused by systemic greed.

Tue, 03/12/2013 - 20:35 | 3324422 ziggy59
ziggy59's picture

George Costanza had shrinkage too..

Tue, 03/12/2013 - 20:45 | 3324444 erg
erg's picture

Elaine: It shrinks?

Jerry: Like a scared turtle.

Tue, 03/12/2013 - 20:51 | 3324455 brak
brak's picture

George: "I was in the pool! I was in the POOL!"

Tue, 03/12/2013 - 21:33 | 3324592 icanhasbailout
icanhasbailout's picture

I hope Abby Cohen knows about shrinkage...

Tue, 03/12/2013 - 20:37 | 3324425 RideTheWalrus
RideTheWalrus's picture

"I swear baby, this has never happened before" said Dick

Tue, 03/12/2013 - 20:40 | 3324432 adr
adr's picture

Hello Dick's, this year was far colder than last year. You don't need snow to need to buy a jacket.

1/3rd of Dick's sales come from golf. Golf is dead, other than courses in DC.

Remember when I said before Black Friday that the inventory was cut massively for the holiday and that the holiday sales would be so bad that there would be no cash to restock inventory? Exactly what happened at Dick's.

Dick's claimed revenue is a complete channel stuffed, self selling, stock transfer scam. Worse to deal with than Walmart. Unless you are publicly traded you won't even get past the door. Ask anyone from McDavid about Dick's. They were thrown out to support the publicly traded garbage company Shock Doctor. Now everyone's insoles are being thrown out so they can stock Shock Doctor insoles. Why? Ed Stack owns a whole lot of Shock Doctor stock through proxies.

Anyone ever wonder why Dick's is in Pittsburgh? It started as a New York bait shop, even though Dick's Sporting Goods never really existed. Ed Stack started the big box Dick's with venture capital in the 90s because he needed a cover for visiting his mistress who lived in Pittsburgh. Dick's doesn't even own any of its real estate. It has always been a stock scam.

Divide Dick's revenue by store count and you get about $30k a day in sales. Does anyone think any Dick's store does $30k a day, every single day? I could believe $3k, never $30k.

Tue, 03/12/2013 - 20:47 | 3324450 kaiserhoff
kaiserhoff's picture

Golf is not dead.  I saw two geezers just this morning toddling around in their little tin lizzie, playing a round of discount, el-cheapo GOLF.

Don't know why the buzzards were circling overhead.

Tue, 03/12/2013 - 21:31 | 3324576 pursueliberty
pursueliberty's picture

Wife got some bike shorts there a month or so ago and it was quite dead other than scavengers in the guns/ammo section.  She spent around $30 on them, the two people in front of us in line spent less than $30.  She needed another pair and she doesn't like buying online, she likes to feel the padding in the crotch. (ha)

 

There is no way 1,000 people walk into the store I visited a day, much less ring up tickets averaging around $30.  I hate that store.  The mall it is in was like zombieville.  No one was carrying bags, just waddling around.

Tue, 03/12/2013 - 20:40 | 3324433 trollin4sukrz
trollin4sukrz's picture

They will be begging for a bailout after taking one for the powers and discontinuing selling those evil black rifles that kill everyone within a half a mile of them, even if they are unloaded, because they really are that evil. Dicks stomped themselves in the dirt. 

Tue, 03/12/2013 - 20:41 | 3324434 Trimmed Hedge
Trimmed Hedge's picture

"The issue is we can't influence the temperature."

 

Something they're working on..?

Tue, 03/12/2013 - 20:52 | 3324458 kaiserhoff
kaiserhoff's picture

Funny.   Jacques Cest Penyahe is having the same issues.

Tue, 03/12/2013 - 20:43 | 3324439 walcott
walcott's picture

Water is wet. Sky is blue. And Dick's is a shit store bitchez!

Tue, 03/12/2013 - 20:43 | 3324443 ebworthen
ebworthen's picture

Hey Dick, how about "the economy sucks".

How about "Gun, ammo, and firearms accesories sales were offset by people not buying less useful shit."

Tue, 03/12/2013 - 20:45 | 3324445 CharliePrince
CharliePrince's picture

speaking of dicks  .  theres been a lot of media bs  about the bush family -----

real dribble , is jeb  florida boy gonna run for president .  setting up

a follow thru for a girl bush then another etc......is america that brain dead???

off topic   sarc/

Tue, 03/12/2013 - 20:46 | 3324448 trollin4sukrz
trollin4sukrz's picture

Not braindead, we just like to pet the bush.

Tue, 03/12/2013 - 20:53 | 3324461 ziggy59
ziggy59's picture

Is america brain dead? LOL

Wed, 03/13/2013 - 04:38 | 3325207 NuYawkFrankie
NuYawkFrankie's picture

Re ...is America that brain dead???

 

Short Answer: "Yes"

Long Answer: "Affirmative"

Tue, 03/12/2013 - 21:34 | 3324447 walcott
walcott's picture

How many lycra shirts and shorts of different shades of pukey yellow and green can Dick's merchandise?

The people of this planet are repulsed by the illuminati Oreon duck uniform colors.

Tue, 03/12/2013 - 20:50 | 3324454 strangeglove
strangeglove's picture

You wanna see shrinkage? Look at my Di_k!

Tue, 03/12/2013 - 20:52 | 3324459 Seasmoke
Seasmoke's picture

Don't eat the yellow snow.

Tue, 03/12/2013 - 21:07 | 3324467 ebworthen
ebworthen's picture

Maybe they can get their heads out of their asses and make some deals with Ruger, S&W, Colt, Berreta, Remington, Federal, PNC, Tula, and the others to sell some nice firearms and ammo.

Tue, 03/12/2013 - 20:57 | 3324473 Nimby
Nimby's picture

Dick's pulled their AR-15's after Newtown.  No firearms enthusiast should ever buy from them again.  Go to cheaperthandirt, Wal-Mart, your local gun dealer, Jose in the dark alley,...anyone but Dick's.

Tue, 03/12/2013 - 21:03 | 3324485 otto skorzeny
otto skorzeny's picture

cheaperthandirt jacked their prices sky high-I will never buy from them again

 

Tue, 03/12/2013 - 21:09 | 3324492 ebworthen
ebworthen's picture

They had a new Glock gen. 4 model 17 with three 17 round magazines for $639 last week - but they were available for two hours before they were sold out.

I havne't ever bought from them, but the ammo seems to be $1.00 per round.  Yikes!

Tue, 03/12/2013 - 21:08 | 3324497 nmewn
nmewn's picture

Supply and demand.

Tue, 03/12/2013 - 22:08 | 3324677 XitSam
XitSam's picture

Yep. I've got 30 round PMAGs, not for sale. So, what's that? Infinite dollars?

Tue, 03/12/2013 - 21:13 | 3324502 trollin4sukrz
trollin4sukrz's picture

Evidently you havent been keeping track of the price of dirt. They wanted 10fvkinbux for a bag of potting soil @ Fvkmart FFS!! Dirt has gone through the roof. Now what are we going to eat, as I was going to make a patty and deep fat fry that fvker. pizz shit whore bitch                       z

Tue, 03/12/2013 - 21:33 | 3324590 pursueliberty
pursueliberty's picture

Those one dollar 40# bags of top soil are now $1.4x at home depot, I swear they were $1.2x last year.

Everything is high these days.

Wed, 03/13/2013 - 00:10 | 3324976 Maos Dog
Maos Dog's picture

Don't buy from cheaperthandirt either. Their kneejerk reaction after newton was also to back away from the 2nd.

Fuck them.

I buy from sportsmans guide now, but they are currently out of ammo.

Wed, 03/13/2013 - 00:52 | 3325036 Renewable Life
Renewable Life's picture

I dont think cheaperthandirt got anti 2nd amendment, they got fucking greedy, really greedy! I bought from them when they still had inventory, but now its all sold out and doubled in price in the last 2 months!! too bad because before that, I got some killer deals! (no pune intended)

Tue, 03/12/2013 - 21:07 | 3324493 knicks3005
knicks3005's picture

Dick's coming up short.

Tue, 03/12/2013 - 21:09 | 3324499 stant
stant's picture

dicks and ctd pissed off a lot of gun owners. the kind that never come back

Tue, 03/12/2013 - 21:09 | 3324500 Crash Overide
Crash Overide's picture

If you are dependent on one season of outerwear to "make it" you're already fucked.

All these Dick jokes not one mention of a fart.

Tue, 03/12/2013 - 21:12 | 3324515 reTARD
reTARD's picture

LOL, I did. It was the black smoke after a day locked inside the "Six Teens" chapel.

Tue, 03/12/2013 - 21:09 | 3324503 reTARD
reTARD's picture

It must be the topic of the Poops today that got me reading "Cold Weather Caused Dick Shrinkage," LOL

Tue, 03/12/2013 - 21:11 | 3324507 ExpendableOne
ExpendableOne's picture

Mrs. Expendable worked retail managment for a few years.  She shopped Dicks during Christmas, was treated horribly by several idiot cashiers and has vowed never to set foot in there again.  

Tue, 03/12/2013 - 22:04 | 3324668 hardcleareye
hardcleareye's picture

I too have encountered that, in 2011 when I went to make a purchase (handgun, I have a concealed weapons permit.... was looking to add to my collection).   I took my business else where and paid less.  I wonder if it is a gender thing?

Dicks prices are not competitive, that is why they are doing so bad.

Tue, 03/12/2013 - 21:11 | 3324514 buzzsaw99
buzzsaw99's picture

I've indicated to the Street, hey!

The only thing that asshole cares about is the price of his stock options.

Tue, 03/12/2013 - 21:16 | 3324526 NoWayJose
NoWayJose's picture

I would LOVE to see them predict the weather for the next five years... That's their solution?

Tue, 03/12/2013 - 21:23 | 3324550 silvertrain
silvertrain's picture

fuck Dicks ....Pulling guns from shelves trying to jump on a political bandwagon to get some goodie points..Backfired bitches..They thought making a stand was going to be good for business, yeah right...The gun buyers are hardworking  decent people that do have a little money to spend...

Tue, 03/12/2013 - 21:51 | 3324638 hardcleareye
hardcleareye's picture

"The gun buyers are hardworking  decent people that do have a little money to spend..."

Those words could be used to describe Nancy Lanza. 


Tue, 03/12/2013 - 22:37 | 3324750 hannah
hannah's picture

'hardworking"...are you sure about that....?

Wed, 03/13/2013 - 01:51 | 3325135 IridiumRebel
IridiumRebel's picture

So you posit that AL was decent and hardworking? I think you're the Dick.

Wed, 03/13/2013 - 07:36 | 3325305 silvertrain
silvertrain's picture

Everyone gun owner around me, YES..Maybe you need to move out of the trailer park and get a better group of people to hang aroud.

Tue, 03/12/2013 - 21:28 | 3324568 This just in
This just in's picture

Best. ZH. headline. ever.

Tue, 03/12/2013 - 21:28 | 3324569 DirkDiggler11
DirkDiggler11's picture

Dicks after the conf call call ....
"Following our leftist pandering in wake of the sandy hook "incident", the hairy legged Sasquatch wanna be tree huggin ex soccer mom, but everybody gets a trophy kinda mom never showed up in our stores to replace the droves of gun buying, ammo storin rebels that told us to suck many a big Dicks cause they were going to Cabelas.

( BTW, while Dicks was getting hammed with a rubber mallet to break up that infection, CAB was up over 12% at one point today, coincidence?)

Tue, 03/12/2013 - 21:29 | 3324570 monopoly
monopoly's picture

How stupid are these people that are paid hundreds of thousands of dollars to spew forth this shit. Too hot, too cold, too mild, too windy. What the fuck. Idiots.

Tue, 03/12/2013 - 21:40 | 3324600 Stanley Lord
Stanley Lord's picture

Dick's is also in trouble because after the school shooting they stopped delivery on rifles that were ordered before the shooting, the gun buyers stopped going in droves. I am done shopping there too.

Tue, 03/12/2013 - 21:41 | 3324604 AT
AT's picture

Since Dicks proved that it has no balls and pulled AR-15s off the shelf I've bought the following at Academy Sports that otherwise would have been purchased at Dicks:

  • 2 pairs kids sneakers - $74
  • 2 pairs basketball high tops - $112
  • Basketball goal - $535

 

 

Tue, 03/12/2013 - 21:42 | 3324607 egoist
egoist's picture
Tue, 03/12/2013 - 21:43 | 3324609 Edward Fiatski
Edward Fiatski's picture

Let it snow, let it snow, let it snow...

Tue, 03/12/2013 - 21:46 | 3324619 You Lie
You Lie's picture

Guess it has nothing to do with gun owners boycotting their stores.   I was...was.... a frequent shopper and then vowed to never set foot in their stores ever again.    I did my xmas shopping elsewhere.   Good riddance Dicks.

Tue, 03/12/2013 - 21:55 | 3324641 El Hosel
El Hosel's picture

Goldiloks don't do weather?... Apparently?  

Somebody better "fix it" for her, and all those who love the Dicks. Who is in charge of weather rigging?

Tue, 03/12/2013 - 21:58 | 3324655 XitSam
XitSam's picture

They are as dumb as they look.  Because they cannot face reality and admit their 2nd Amendment position is at least part of, if not a major factor in their sales decline.  If Dick's could admit the truth and change their political stance to be in line with the Constitution, they might recover. This sealed their fate.  

Tue, 03/12/2013 - 22:16 | 3324695 Hohum
Hohum's picture

Quiz ZHers:  What does the Second Amendment actually say?

Don't know?  "A well regulated militia, being necessary to the security of a free state, the right to bear arms shall not be infringed."

Funny thing: the assault weapons ban for 10 years never was overturned.  Gee, wonder why?  "Well-regulated..."

Wed, 03/13/2013 - 01:47 | 3325133 IridiumRebel
IridiumRebel's picture

Google DC v Heller ya fucking knob. It's about protection as Scalia outlined and defined once and for all.....go to fucking HuffPo to "hang out".

Wed, 03/13/2013 - 10:41 | 3325837 NoTTD
NoTTD's picture

And read the whole thing, Dick (I assume that's your name.).

Wed, 03/13/2013 - 01:00 | 3325055 Renewable Life
Renewable Life's picture

Citizens dont give bailouts and tax breaks bitchez! 

What will we do if we lose all those $10 a hour retail jobs?????

Wed, 03/13/2013 - 08:52 | 3325456 Shizzmoney
Shizzmoney's picture

What will we do if we lose all those $10 a hour retail jobs?

Sell weed and coke.  Better ROI.

Tue, 03/12/2013 - 22:21 | 3324709 Kreditanstalt
Kreditanstalt's picture

Maybe it's because I - and no doubt many others - have never heard of this company...

Advertising, bitchez...

Tue, 03/12/2013 - 22:33 | 3324739 bigrooster
bigrooster's picture

Fuck you DICK's.

Tue, 03/12/2013 - 23:44 | 3324926 Yamaha
Yamaha's picture

Yes - they bought a local sporting goods store and when I went in - the clerks said "now we are Dicks" ..... I said " how natural - yes your are".....and they still are.........

Tue, 03/12/2013 - 23:54 | 3324946 SubjectivObject
SubjectivObject's picture

Diks is pablum ChinaSyndrome product and they either don't carry or are out of ammo.

This is why Dhicks is a fail.

Wed, 03/13/2013 - 00:14 | 3324981 SqueekyFromm
SqueekyFromm's picture

Oh, this really calls for an Irish Poem!

 

Shrinkage

A sporting goods company, INC.

Insisted that there was a link.

'Tween weather too hot,

Or too cold, if t'was not.

Either way, it could cause Dick's to shrink.

 

Squeeky Fromm, Girl Reporter

Wed, 03/13/2013 - 10:40 | 3325827 NoTTD
NoTTD's picture

Outstanding.

Wed, 03/13/2013 - 00:41 | 3325017 conspicio
conspicio's picture

Dicks is going to have to come up with a lot more quarters of excuses as their revenues go tango uniform. I have way too many choices in the marketplace to Dick around with hostile retailers. I wouldn't even take a short on this reverse rocketship. Because even whores have standards.

Wed, 03/13/2013 - 10:42 | 3325842 NoTTD
NoTTD's picture

Love the "tango uniform".

Wed, 03/13/2013 - 01:37 | 3325117 kw2012
kw2012's picture

Dick's refused to deliver guns customers had ordered and then the boycott started. Meanwhile, Cabela's kept selling guns and had a great quarter. What will Dick's excuse be next quarter? The sequester? 

Wed, 03/13/2013 - 01:44 | 3325126 captain whitewater
captain whitewater's picture

Just stop in and shop this chain...anywhere.  The reason why they miss earnings is that they have crappy inventory selection coupled with ridiculously high prices.  This chain is swirling the drain and anybody holding their stock is a loser.  They want $400 to deliver the safe they sell you for $900.  That is the price for a local delivery.

Wed, 03/13/2013 - 02:04 | 3325146 IridiumRebel
IridiumRebel's picture

My wife once stated out loud the last time we were there, "Y'all got any BIG DICKS sales coming soon?" I almost spit iced coffee on the poor chap at the cashier. We haven't Ben back....

Wed, 03/13/2013 - 03:19 | 3325186 Bloodstock
Bloodstock's picture

Funny how so many of us think a like and are sick of the anti-2nd Amendment punks. Even here many have noted the boycott of Dick's Sporting Goods. Fuck 'em! They were at the forefront of the "stop selling rifles" after that fishy scene at Sandy Hook, so fuck 'em! I was about to buy a new treadmill there but instead found another for $200 more somewhere else. Yeah, I paid and extra $200 instead of buying anything from those DickHeads! That's how I roll. I will never set foot in that store again, period!

Wed, 03/13/2013 - 07:20 | 3325213 NuYawkFrankie
NuYawkFrankie's picture

.

Wed, 03/13/2013 - 05:07 | 3325220 NuYawkFrankie
NuYawkFrankie's picture

HoT & cold weather to blame?

 

This report seems very circumscribed to me.

Sounds like Dicks just has no skin in the game... might just be pulling out given the stiff competition...

Wed, 03/13/2013 - 08:54 | 3325461 d edwards
d edwards's picture

Yeah, a more catchy headline would have been "Hot and cold weather cause Dick's shrinkage."

 

 

Wed, 03/13/2013 - 06:39 | 3325257 Monedas
Monedas's picture

What kind of government hole licking gun store would lose money in a gun and ammo panic ?

Wed, 03/13/2013 - 07:16 | 3325282 22winmag
22winmag's picture

Dick's appears to have gone the way of Radio Shack. Piss poor management, ill-advised ventures and policies, and consistently performing below the retail index.

 

Still, getting 1400 rounds of .22 ammunition for $49.95 tax free was the deal of the century a few days ago for me... considering the current market for ammunition.

Wed, 03/13/2013 - 08:52 | 3325451 Shizzmoney
Shizzmoney's picture

Retail stores are really a bubble.

Had to go to a Staples to buy a Android charger.  Shit is overpriced, the "help" was scarce and no where to be found.

These corporations will find any excuse to keep people thinking shit is OK.

The "system" never discusses flat incomes as reason.

It's like as if humanity decided all of a sudden that cannibalism never existed.

Wed, 03/13/2013 - 10:22 | 3325749 dot_bust
dot_bust's picture

Now, how would one write ad copy for Dick's Sporting Goods? Just imagine the potential headlines:

Everyone Likes Dick's

Always Use Dick's

Save Big with Dick's

Score with Dick's

Wed, 03/13/2013 - 10:38 | 3325822 NoTTD
NoTTD's picture

Immediately after the Newtown shooting, Dick's, which certainly has the right name, announced that it would pull all "assault rifles" from its shelves - thus alienating a significant portion of its market.   I can't help but wonder if this is the result.

Wed, 03/13/2013 - 11:39 | 3326052 Axenolith
Axenolith's picture

Without a doubt it is.  The 2nd Amendment demographic is abandoning those douchebags...

Wed, 03/13/2013 - 12:45 | 3326269 Fizzywig
Fizzywig's picture

Does anyone know what a Farmer's Almanac is anymore?

It was also a brilliant business decision by Dick's to suspend rifle sales at a time when gun and ammo sales are through the roof.  You reap what you sow.

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