Dick’s beats profit target despite backlash over gun-sales restrictions

Published May 30, 2018 1:50pm ET



Despite backlash over halting sales of assault-style guns in its stores, Dick’s Sporting Goods posted higher revenue for its most recent quarter and greater-than-expected profit.

The Coraopolis, Pa.-based company’s net sales grew 4.6 percent to $1.9 billion for the three months that ended on May 5. Net income was $60 million, or 59 cents per share, which beat expectations of 45 cents.

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