Context News

Dick’s Sporting Goods would support the sale of so-called smart guns that are designed to fire only when handled by their registered owner, Chief Executive Ed Stack told Reuters on Nov. 1. “We think that would be a great thing,” he said, speaking on the sidelines of a New York Times Dealbook conference in New York.

The U.S. outdoor goods retailer stopped selling assault-style weapons after the February shooting that killed 17 students and teachers at a high school in Parkland, Florida. The gunman had purchased a weapon at a branch of Dick’s Sporting Goods.

Stack told investors in September that the company had lost customers and vendors following the move, but added that was “nothing that we didn’t anticipate.” He said that the profit margin on firearms is 17 percentage points lower than the company’s average across all goods sold.