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Dick’s Sporting Goods CEO Opted to Destroy $5 Worth of ‘Assault Rifles’ Instead of Selling Them, Resulting in Quarter of a Billion in Losses [VIDEO]

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On February 28, 2018, Dick’s Sporting Goods announced they would no longer be selling “assault-style rifles” after a string of mass shootings. This past Sunday, Dick’s CEO Ed Stack gave an interview where he divulged that the company opted to destroy $5 million worth of “assault-style rifles” instead of selling them.

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“So many people say to me, you know, ‘If we do what you want to do, it’s not going to stop these mass shootings,’” Stack told CBS News Sunday evening. “And my response is: ‘You’re probably right. It won’t. But if we do these things and it saves one life, don’t you think it’s worth it?’”

As a result of the destroying the weapons instead of selling them, Stack announced that the company took “a quarter of a billion [dollars]” in losses.

Stack didn’t seem deterred from this significant loss as he stated he is mulling over the possibility of removing all firearms from Dick’s stores across America. As of now, over 100 stores no longer sell firearms, Breitbart News reported.

When asked why he is taking such a staunch stance, Stack explained that he and his wife met with the survivors of the February 2018 massacre at Marjory Stoneman Douglas High School in Parkland, Fla.

Prior to removing firearms from many of the stores, Dick’s Sporting Goods was one of the largest sellers of firearms in America. In a growing trend, numerous other companies in America are following suit by removing weapons from their shelves as well.

According to The New York Times, L.L. Bean and Kroger announced that they would be restricting the selling of certain firearms in their stores. In addition, Walmart, who is the largest gun seller in the nation, announced they would be raising the age to buy firearms and ammunition to 21 years old.

Stack thinks this will start become the norm across America. He stated he was proud that Dick’s Sporting Goods was proactive about the issue.

“I don’t understand how somebody, with everything that’s gone on, could actually sit there and say, ‘I don’t think we need to do a background check on people who buy guns,’” Stack said. “It’s just, it’s ridiculous.”