Dick's Sporting Goods

Nam Y. Huh / AP

Dick's Sporting Goods is destroying all the guns and accessories that it stopped selling earlier this year after the school shooting in Parkland, Fla.

Scott Dalton / AP

Dick's Sporting Goods on Tuesday reported disappointing holiday sales numbers in part due to weak demand for one-time hot brands like Under Armour.

The company's CEO also said recent changes to its firearm policies, ending the sale of guns to anyone under 21, will hurt future sales and may cause fewer shoppers to come to its stores.

Mike Stewart / AP

The school shooting in Parkland, Fla., that left 17 dead catalyzed a series of actions this week as Dick's Sporting Goods, WalMart, L.L. Bean, REI and Kroger joined the growing chorus of companies restricting weapon sales or rescinding NRA member perks and discounts.

Nam Y. Huh / AP

Dick's Sporting Goods will immediately stop selling assault-style rifles and ban the sale of all guns to anyone under 21, according to CEO Edward Stack.

The announcement from the nationwide store chain came as students at Marjory Stoneman Douglas High School in Parkland, Florida, returned to class for the first time since a teenager killed 17 students and educators with an AR-15 rifle two weeks ago.

Scott Dalton / AP

Fly, Dick's Sporting Goods, fly.

The unlikely win for the Philadelphia Eagles over the New England Patriots in Sunday's Super Bowl LII match up could be a windfall for the sporting goods retailer, despite a headquarters squarely placed in Steeler Nation.

The same sales bump took place after the Chicago Cubs won their first World Series in more than a century.

Analysts with J.P. Morgan wrote Wednesday, "From a similarities perspective, both the Cubs and Eagles have rabid fans that have been starved for a championship for decades."

Scott Dalton/Invision for Dick's Sporting Goods / AP

Dick's Sporting Goods has cut 160 jobs in the Pittsburgh-area, most at its Store Support Center in nearby Findlay Township.

The retailer announced the cuts along with its first-quarter earnings on Tuesday.

The company says it's investing in its online businesses, including its website and Team Sports HQ business that focuses on team sports customers at the high school level and below.