Edgars sales increases

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The increase in the glass float allowed traders to remove the restriction to exchange bottles at point of purchase.

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.

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