Get Woke, Go Broke? DICK’S Sporting Goods Warns Investors That Decision To Get Rid Of Guns Cost Company Dearly

Dick’s Sporting Goods is warning investors that its decision to remove certain “assault-style” weapons from its Field & Stream stores cost it dearly and may limit its future gains.

The sporting goods retailer was forced to confront angry shareholders late last week after its stocks tanked more than 4.5% and financial conglomerate J.P. Morgan Chase downgraded Dick’s shares, from “overweight” to “neutral.”