Dick’s has destroyed $5 million worth of assault rifles, its CEO says

BALTIMORE, MD-As America's gun control debate rages on, Dick's Sporting Goods recently revealed that the chain had destroyed $5 million worth of weapons.

Ed Stack told CBS News during an interview that aired Sunday that the millions of dollars worth of inventory was turned into scrap metal instead of choosing to return them to manufacturers. After the February 14, 2018, mass killing at Marjory Stoneman Douglas High School in Parkland, Fla., the company ceased selling guns to anyone under the age of 21, a step that Stack told CBS had cost the company about a quarter of a billion dollars.

Stack added that the decisions cost the company roughly $250 million in lost sales. "But if we do these things and it saves one life, don't you think it's worth it?" "We just didn't want to sell the assault-style weapons that could inflict that kind of damage".

"We found out we sold this kid a shotgun and I said, 'We're done, '" Stack said on CBS of the then-19-year-old alleged shooter.

After the 2012 Sandy Hook Elementary school shooting in Newton, Conn., he said he ordered all the AR-15 semi-automatic rifles to be removed from all the stores across the country.

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"We thought we'd get a little bit of a backlash, but we didn't expect to get what we got".

A trip with his wife to visit with Parkland survivors inspired him to move one step further - announcing Dick's would no longer sell firearms to anyone under 21.

Just a day before that shooting, a gunman opened fire at a Walmart in El Paso, Texas, killing 22 people and injuring 24 others.

Retail giant Walmart has ended all handgun and "short-barrel rifle" ammunition sales and asked customers not to openly carry guns at its stores.

When the shooting occurred at Marjory Stoneman Douglas and Stack learned his company had sold the perpetrator a shotgun, that's when he knew they needed to take action. Other companies, such as CVS, Kroger and Walgreens joined Walmart in asking customers to bring guns into their store. Walmart stopped selling AR-15s in 2015 and in August they made a decision to stop selling some types of ammunition.

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