Corporate Announcements

The Directors of Edgars Stores Limited are pleased to announce the release of the Group’s 2012 full year results and analyst presentation for the 52 weeks ended 5 January 2013. Below are extracts from the presentation: Picture: Edgars Group Managing Director, Linda Masterson, presenting the 2012 full year results Highlights (2012) vs  (2011)                Retail sales  $60.1m(2012)  […]

Notice is hereby given that the 66th Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue/ Jason Moyo Street, Bulawayo, 28 May 2015 at 09.30 hours. Following is the Agenda for the meeting:- Ordinary Business Special Resolution “That the company hereby approves, as a general approval […]

Notice is hereby given that the 68th Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8thAvenue /Jason Moyo Street, Bulawayo, 7thJune 2017 at 09.00 hours. Following is the Agenda for the meeting: Ordinary Business Special Resolution “The Directors be and are hereby authorized to do all that is necessary to […]

NOTICE IS HEREBY GIVEN OF AN EXTRAORDINARY GENERAL MEETING OF MEMBERS OF EDGARS STORES LIMITED TO BE HELD AT THE EDGARS TRAINING AUDITORIUM, 1ST FLOOR LAPF HOUSE, 8TH AVENUE / JASON MOYO STREET, BULAWAYO, 17 MARCH 2017 AT 0900HOURS AGENDA SPECIAL BUSINESS To consider and if deemed fit, pass with or without amendment the following […]

Edgars Stores Limited releases its 2016 interim financial results for the period ended 9 July 2016. Below are excerpts from the results and Chairman’s statement. Consumer demand continued to weaken throughout the period due to the combined effects of drought, liquidity constraints, business failures and delayed or non-payment of salaries. Revenue declined 23% on last […]

Notice is hereby given that the 67th Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue / Jason Moyo Street, Bulawayo, 2 June 2016 at 09.00 hours. Following is the Agenda for the meeting:- Ordinary Business A member entitled to attend and vote at the meeting may […]

The Group performed relatively well given the sharp decline in the operating environment and economy as a whole. However, the Group was not entirely spared, and saw a marked reduction in consumer appetite and confidence reflecting in turnover, which trend became more pronounced in the fourth quarter following retrenchments. Delayed payment of workers resulted in […]

Edgars Stores Limited releases its 2015 abridged financial results and presentation for the period ended 9 January 2016. Below are excerpts from the results and Chairman’s statement. Edgars Stores Limited Group CEO, Linda Masterson (left) and Group Operations Director, Vusimusi Mpofu (right) at a recently held analysts’ briefing CHAIRMAN’S STATEMENT The Group performed relatively well given […]

Edgars Stores Limited releases its 2015 interim financial results for the period ended 11 July 2015. Below are excerpts from the results and Chairman’s commentary. Group CEO of Edgars Stores Limited, Linda Masterson Chairman’s statement Fast declining economic fundamentals, combined with low disposable incomes and heightening job insecurity have undermined consumer confidence and demand. The […]

Trading update given at the 66th AGM held on 28 May 2015. Trading environment remains tough.We are performing well under the circumstances. New stores No new stores have been opened during 2015, which we believe is a year of consolidation of our operations. Turnover (consolidated) Unit sales Retail Sales $ Margins Factory – Profitable with YTD […]

Edgars Stores Limited releases its 2014 abridged financial results and presentation for the period ended 10 January 2015. Below are excerpts from the results and Chairman’s commentary. Group CEO of Edgars Stores Limited, Linda Masterson CHAIRMAN’S STATEMENT The Group achieved satisfactory results which were largely due to the Group’s focus on offering our customers various […]

RevenueThe year started fairly positively with successful results from Back to School & Back to Work which gave a boost to January. From then, the quarter was downhill all the way. The uncertainty surrounding civil servants’ packages and the acute liquidity crunch in the economy resulted in an abysmal performance in February and March – […]

Notice is hereby given that the 65th Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue / Jason Moyo Street, Bulawayo 29 May 2014 at 09:30 hours. Following is the Agenda for the meeting: Ordinary Business

The Directors of Edgars Stores Limited announce the release of the Group’s abridged financial results and presentation, for the 52 weeks ended 4 January 2014. Below are some financial highlights. Group CEO of Edgars Stores Limited, Linda Masterson at the recently held FY2013 analyst briefing. Financial highlights Retail operations The Edgars chain grew sales by […]

Edgars Stores Limited releases its 2013 interim financial results and presentation for the period ended 6 July 2013. Below are excerpts from the Chairman’s commentary. Picture: Edgars Group Managing Director, Linda Masterson IntroductionThe conclusion of the medium term guaranteed loan in December 2012, coupled with improvement in our merchandise assortments and increased factory profitability have […]

Details: Shares before: 288 767 204Shares added: 103 334New shares in issue: 288 870 538Effective date: 31 May 2013Reason: Share Option Schemeay 31, 2013