From CBS News:

Corporations and guns: How companies are reshaping the gun control debate

Overseeing more than 720 stores in 47 states, Ed Stack, the CEO of Dick’s Sporting Goods, has a multi-billion-dollar empire to run. But Stack is now balancing running a business with his new role as one of the corporate faces of America’s gun control debate.

“I don’t understand how somebody, with everything that’s gone on, could actually sit there and say, ‘I don’t think we need to do a background check on people who buy guns.’ It’s just, it’s ridiculous,” he said.

Nobody is saying that.  That is a red herring, bullshit lie.

It’s a pretty controversial stand from a company that’s been in the gun business a long, long time. His father, Richard Stack, started Dick’s Bait and Tackle in Binghamton, New York in 1948.

As Dick’s grew, it became one of the biggest sellers of firearms. Until, that is, 2012, when a gunman opened fire at Sandy Hook Elementary School in Newtown, Connecticut.

Enter the Wokeness…

“All we were going to do was just take it off the shelf and not say anything,” said Stack.

The “it” he’s talking about is the AR-15, a lightweight semi-automatic modern sporting rifle similar to the one used in the Sandy Hook massacre. He ordered all of them be removed from every Dick’s Sporting Goods store across the country.

This is where things take a turn for the possible criminal.

The experience moved Stack’s stand again guns one step further. He announced he would no longer sell any firearm to anyone under the age of 21 – a move many inside the company warned would surely drive off sales. And it did.

Cowan asked, “How much did you think you were going to lose?”

“A quarter of a billion dollars,” Stack replied.

“And how much did you actually lose?”

“About a quarter of a billion! Pretty close.”

On top of that, the assault-style rifles he still had in stock – about $5 million worth of inventory – he turned into scrap metal.

Dick’s Sporting Goods is a publicly-traded company on the NYSE as DKS.

According to Cornell Law:

Tortious interference is a common law tort allowing a claim for damages against a defendant who wrongfully interferes with the plaintiff’s contractual or business relationships.

The CEO of Dick’s deliberately destroyed $5 million dollars in good, sellable inventory and made a decision, apparently, unilaterally, that was predicted to and did do $250 Million in damage to the financial value of the company.

This wasn’t an accidental bad decision by the CEO.  A marketing idea that flopped or something like that.  This was a deliberate and calculated plan that he knew would hurt the company financially and he did it anyway, and arguably there is no evidence that this act saved even one life.

CBS may be praising him, but what about the shareholders and people invested in Dick’s?  Are they all happy that the CEO decided to virtue signal a quarter of a billion dollars in value away and scrap $5 million in good inventory?

Hopefully, he will be sued and will lose, that is the only way to send a message to Woke corporate America.  The CEO who virtue signals his or her company into the ground will pay for it out of pocket, grievously.