EDGARS Limited sales for the first three months to April grew 62 percent from comparable prior year period driven by an improved macro-economic environment.
“Group units sold increased by 62% from 363,162 to 588,534 compared to the same period last year. This significant growth can be attributed to two factors: a) The Covid-19 lockdown during Q1 of 2021 and; b) Management’s efforts in ensuring that fresher and more competitively priced merchandise is available in-store.”
Volumes in the Edgars chain were up 81 percent, with 239,055 units sold compared to 132,126 units in the comparative period.