Edgars Stores Trading Update for the 13 Weeks Ended 10 October 2021

By Published On: November 19th, 2021Categories: Corporate announcement, Earnings

Edgars Stores Limited (EDGR.zw) Q32021 Interim Report

The Company presents its business update for the third quarter (Quarter 3) of the 2021 financial year. This update on financial performance is measured in inflation adjusted terms.

Trading environment

The impact of level IV lockdown introduced after the heightened third wave infections in June, curtailed foot traffic into stores during this trading quarter. This led to lost sales, productive time and pressure to settle fixed operating costs including Covid-19