Categories: Market News

Dick’s Sporting Goods and gun companies part ways

Dick’s Sporting Goods (DKS) is losing allies over its new policies. Many large gun companies decided to end their association with the sports retail chain after the latter made strong efforts to push gun control. The latest gun manufacturer to end ties with Dick’s is O.F. Mossberg & Sons Inc., the owner of Mossberg guns.

Mossberg severed ties with Dick’s after it found out that the retailer had hired three lobbyists in Washington D.C. to push for gun control. Mossberg declared its staunch support for the Second Amendment and expressed its disagreement with Dick’s Sporting Goods’ actions, which it referred to as “anti-Second Amendment”. The gun maker also told customers to “visit one of the thousands of pro-Second Amendment firearm retailers.”

Mossberg joins gun manufacturers MKS Supply and Springfield Armory, both of whom have ended business with Dick’s. MKS Supply expressed its dissent on Dick’s age restrictions, its decision to stop rifle sales and its gun control lobbying efforts.

Earlier this year, following the Marjory Stoneman school tragedy, Dick’s Sporting Goods had decided to stop selling assault-style rifles and to only sell guns to people over the age of 21. The retailer also said it would destroy all the unsold gun inventory. The age limit policy led to the company being hit with two lawsuits that are currently underway.

The National Rifle Association (NRA) criticized Dick’s recent decisions while the National Shooting Sports Foundation (NSSF), the largest gun trade association in the U.S., decided to cancel Dick’s membership and end its connections with the company. There are chances that other major gun companies like Ruger will also follow suit and sever ties with Dick’s, which is bound to have an impact on Dick’s sales.

Share
Published by

Recent Posts

Earnings Summary: Jerash Holdings (US), Inc. posts sharp Q3 FY26 earnings rebound as revenue and margins improve

Jerash Holdings (US), Inc. (NASDAQ: JRSH) reported significantly improved financial results for the fiscal 2026…

58 minutes ago

Prospect Capital Shares Steady Following Fiscal Q2 Adjusted Earnings Beat Despite NAV Decline

Shares of Prospect Capital Corporation (PSEC) traded mixed to slightly positive in early trading on…

8 hours ago

Waters Corporation (WAT) Shares Fall 14.5% Following FY2026 Guidance Despite Q4 Beat

Waters Corporation (WAT) shares dropped 14.49% to $326.04 in early trading on Tuesday after the…

8 hours ago

Universal Corp. (UVV) Shares Plunge 10.7% as Tobacco Volumes, Ingredients Squeeze Earnings

Universal Corp. (UVV) shares fell 10.72% to $51.62 in Tuesday trading after the global agriproducts…

9 hours ago

Upwork Inc (UPWK) Shares Slide Following Soft Q1 Profit Guidance Despite Q4 Beat

Upwork Inc (UPWK) shares fell 4.76% to $17.89 in early trading on Tuesday after the…

9 hours ago

Amkor Q4 2025 Results: Massive AI Boom Drives Growth

Amkor (NASDAQ: AMKR) posted net sales of $1888 million. Amkor Q4 2025 earnings showed robust…

9 hours ago