Gun sales will return to eight Field & Stream stores acquired by Sportsman’s Warehouse
Dick’s Sporting Goods’ decision to pull back on gun sales has turned into a boon for Sportsman’s Warehouse.
The Utah-based chain has agreed to buy eight of Dick’s outdoor-focused Field & Stream stores for $28 million, reported the Pittsburgh Post-Gazette.
“Each of these stores operates in strong markets, with well-established customer bases,” said Sportsman CEO Jon Barker, whose 95-store chain has a robust gun, ammo, and firearm accessories business.
The acquired Field & Stream stores are located in Washington, Altoona, and Camp Hill, Pa.; Horseheads and Rochester, N.Y.; Greensboro and Asheville, N.C.; and Troy, Mich.
In 2018, following the Parkland High School shooting in Florida, Dick’s stopped selling sporting rifles at Field & Stream stores and later removed hunting merchandise from 125 Dick’s stores.
Nearly half of Sportsman’s Warehouse’s revenues derive from sales of firearms and hunting merchandise, industry analyst Camilla Yanushevsky told the Post-Gazette.