Dick's Sporting Goods said it has paid a price for its decision to restrict firearm sales after the Parkland school shooting.
Bloomberg reports CEO Ed Stack said the change cost the company $150 million.
Nikolas Cruz, who is accused of killing 17 people at Marjory Stoneman Douglas High School in 2018, once legally bought a shotgun at Dick's. It wasn't the one used in the massacre. But, in response to the revelation, the chain pulled assault-style rifles and high-capacity magazines from its shelves, and it halted sales to anyone under 21.
Despite the financial cost, Stack told Bloomberg he is standing by his decision.
“The system does not work,” Stack said. “It’s important that when you know there’s something that’s not working, and it’s to the detriment of the public, you have to stand up.”
What other people are reading right now:
- 'It's not fair': Slain USC student planned to go to law school, friend says
- Scary video shows 2 boats crash at Gulfport Grand Prix
- Woman missing since Monday found dead on Florida's east coast
- Teal vehicle wanted in deadly motorcycle crash
- Group of 3,000 chickens ‘gang up’ to kill intruding fox on French farm
►Make it easy to keep up-to-date with more stories like this. Download the 10News app now.
Have a news tip? Email desk@wtsp.com, or visit our Facebook page or Twitter feed.
