Submitted by danuser8 t3_11bldtw in wallstreetbets
stacked_shit t1_ja1iity wrote
Every time I've been inside of Dicks sporting goods, there are maybe a handful of people shopping. Even on black Friday, there were maybe 15 people there. They don't sell guns anymore, so that eliminates half of American shoppers. People don't play sports anymore and the few that do are probably buying off Amazon. I'm guessing they are not going to do well on their earnings report.
cmaya11day t1_jaa250e wrote
Interesting… so when half of Americans go shopping they’re looking to buy guns? It’s a very vocal minority who bitches about guns…The reality is the margin completely blows on them and is not where most of these box retailers make their money. The money is in apparel, which Dicks carry’s a ton of. Kids do still play sports (although it’s participation is declining) and Dicks is one of the only places that actually has everything they’d need, store pick up and same day delivery has been huge for them on top of there normal ecomm biz
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