News

EDGR.zw | Group MD's Trading update - including April 2017

7 June 2017 The operating environment remains tough with foreign currency shortages, cash shortages and depressed consumer demand. The business is performing within forecast. New stores No new stores have been opened YTD. We are currently revamping Stanley House, First Street Harare. This will be completed in August. Following that we will be ...

EDGR.zw | Notice of 68th Annual General Meeting

15 May 2017 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 To approve minutes of the ...

EDGR.zw | FY2016 financial results

22 March 2017 Edgars Stores Limited releases its 2016 abridged financial results for the period ended 8 January 2017. Below are excerpts from the results and Chairman s Statement. Chairman s Statement Depressed consumer demand for clothing together with stock movement challenges we faced in the transition period from the ...

EDGR.zw | Notice to Shareholders (EGM)

3 March 2017 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, ...

EDGR.zw | HY2016 financial results

30 September 2016 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 ...

EDGR.zw | 2015 annual report

10 May 2016 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 ...

EDGR.zw | Notice of 67th Annual General Meeting

10 May 2016 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 To approve ...

EDGR.zw | FY2015 financial results and presentation

16 March 2016 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 ...

Motion Mutumwa, Grade 6

1 January 2016 In October this year, Danmore Chuma, a community volunteer and Edgars Club member, approached Edgars Club on behalf of a child in Chiweshe with a medical appeal. Motion Mutumwa, a grade 6 pupil at Bare Primary School, needed to undergo surgery for a hard tumour ...

Be a Hero The Edgars Family gets involved

1 December 2015 In August this year, Edgars ran a unique promotion across our 28 branches were we requested customers to be part of our CSR program. The uniqueness of the promotion was that customers were being requested to donate an old pair of their denim, buy a ...

Moremi Initiative Women Leaders Development Programme

1 October 2015 Edgars Stores continues to strive to enrich the lives of our community members through the various CSR initiatives that we undertake. In 2014, Edgars sponsored the participation of one such member, Sinqobile Ndlovu, in the Moremi Initiative Women Leadership Development programme. Sinqobile had been identified ...

EDGR.zw | HY2015 financial results

15 September 2015 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 ...

Edgars CCS Team Visits Queen Elizabeth Children's Home

1 June 2015 With so much happening in our lives, we tend to forget about the things that matter in this world. Our minds are always preoccupied by things that only captivate or entice us for the next minute, buying into the norm of kicking back letting things ...

Green Concert 2015

1 June 2015 The Edgars Stores Corporate Social Responsibility calendar has a range of projects that we organise as well as participate in throughout the year, including annual events that we are proud to support. It s almost time once again for the Green Concert , a ...

EDGR.zw | Group Managing Directors' Trading update

28 May 2015 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 12.6% increase over 2014 ...

EDGR.zw | Notice of the 66th Annual General Meeting

27 May 2015 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 To approve minutes ...

Supporting Education

1 April 2015 Chitemene Secondary School Our CSR activities have continued from last year and we are going strong with assisting as much as we can. One of the groups we assisted was the Mhondoro-Marirangwe-Manyame Trust (MMMT Trust). MMMT approached Edgars appealing for assistance for orphaned school children at ...

EDGR.zw | FY2014 financial results and presentation

20 March 2015 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 ...

Edgars donates wheelchair to Gweru customer

26 February 2015 Late last year, the Edgars Club was touched to learn about the plight of one of our customers, Jeremiah Chikweshera of Gweru, whose wife has been in consistent pain after the couple was involved in a bus accident in 2001. When the accident occurred, she ...

EDGR.zw | Precious

16 December 2014 Edgars Stores values the opportunity to touch the lives of vulnerable Zimbabweans within our communities. 16 Days of Activism Against Gender-Based Violence is an annual global movement from 25 November to 10 December, and is a time to galvanise action to end violence against women ...

Linda Heather Sibindi - Edgars Giving Back

1 December 2014 In July 2014, Edgars was able to assist one of its loyal customers after a tragic incident. On 2nd July 2014, Linda Heather Sibindi s house was ravaged by fire, and all her property within the house was destroyed in the blaze. Linda Heather Sibindi Understandably, Linda ...

EDGR.zw | HY2014 financial results and presentation

17 September 2014 Edgars Stores Limited releases its 2014 interim financial results and presentation for the period ended 5 July 2014. Below are excerpts from the results and Chairman s commentary. Group CEO of Edgars Stores Limited, Linda Masterson Financial highlights Retail sales up 8% to $29.5m Profit before tax remained ...

EDGR.zw | Green Concert

11 August 2014 The Edgars Stores Corporate Social Responsibility calendar has a range of projects that we organise as well as participate in throughout the year, including annual events that we are proud to support. Recently, Edgars supported the Green Concert for the second year running. ...

Green Concert 2014 - Supporting Tokwe Mukosi

1 August 2014 It has been a busy season on the CSR front for the Edgars Group as we continue our drive to give back to the communities around us. These past 2 months have seen us taking part in “The Green concert”, a show put together by ...

Edgars Stores Limited AGM Trading update to April 2014

3 June 2014 Revenue The 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 ...

EDGR.zw | Release of 2013 annual report

19 May 2014 The Board of Directors is pleased to release the annual report for the year ended 4 January 2014. Below are excerpts from the Chairman s report. Chairman s report The group s footprint was increased through the opening of 9 new outlets during the year to close ...

EDGR.zw | Notice of Annual General Meeting

8 May 2014 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 To approve ...

Edgars Assists Environmental Victims

1 April 2014 The Edgars Group drives commitment to Corporate Social Responsibility, through environment and educational initiatives. Ranging from street cleaning to educational bursaries and ensuring the maintenance of the environment around the communities that we serve. Street cleaning in the City of Gweru – with Hon Francis Nhema Of ...

EDGR.zw | Audited results and presentation for the 52 weeks ended 04 Jan 14

11 March 2014 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 ...

Children's Donations - Bopoma Orphanage and Lizzy Moyana

28 January 2014 It has been an amazing season, where we witnessed the donation handover to the first Rural schools selected by the Cash Challenge winners. The Headmasters couldn’t believe that their schools had won through selection from Club members who had won the Cash Challenge. Bopoma Orphanage Donantion We ...

EDGR.zw | Release of 2013 interim results and presentation

17 September 2013 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 Introduction The conclusion of the medium term guaranteed loan in December 2012, coupled with improvement ...

EDGR.zw | Increase in shares in issue to 288 870 538

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

EDGR.zw | Increase in shares in issue to 288 767 204

15 May 2013 Details: - Shares before: 288 517 204 - Shares added: 250 000 - New shares in issue: 288 767 204 - Effective date: 15 May 2013 - Reason: Share Option Scheme

EDGR.zw | Release of 2012 annual report

10 May 2013 The Board of Directors of Edgars Stores Limited is pleased to release the annual report for the year ended 31 December 2012. Below are excerpts from the Chairman s Report. Chairman s Report Aggressive account drives, marketing, finalization of re-branding Express Mart Stores to Jet as well ...

EDGR.zw | Notice of Annual General Meeting

10 May 2013 Notice is hereby given that the 64th Annual General Meeting of members will be held at Edgars Training Auditorium, 1st Floor LAPF House, 8th Avenue/ Jason Moyo Street, Bulawayo , 29 May 2013 at 09.30 hours. Following is the Agenda for the meeting:- Ordinary Business ...

EDGR.zw | Increase in shares in issue to 288 517 204

24 April 2013 Details: - Shares before: 287 972 037 - Shares added: 545 167 - New shares in issue: 288 517 204 - Effective date: 24 April 2013 - Reason: Employee Share Option Scheme

EDGR.zw | Increase in shares in issue to 287 972 037

15 April 2013 - Shares before: 287 645 370 - Shares added: 326 667 - New shares in issue: 287 972 037 - Effective date: 12 April 2013 - Reason: Share Option Scheme (SOS)

EDGARS | FY2012 results and presentation

13 March 2013 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 ...

EDGR.zw | FY2012 financial results

13 March 2013 The Directors of Edgars Stores Limited announce the release of the Group s 2012 abridged results, for the 52 weeks ended 5 January 2013. Below are a few financial highlights. Financial highlights Retail sales up 17.8% to $60.1m Trade and ...

Edgars reopens store

18 December 2012 Edgars Stores Limited has reopened a branch in the city that was closed at the height of economic challenges which resulted in low retail sales.In a statement, Edgars said it was reopening the Herbert Chitepo Street/Leopold Takawira Avenue branch. We are proud that we have ...

Edgars fashion show lights up city

4 October 2012 EDGARS’ Face of the Charter Club former Miss Zimbabwe Malaika Mushandu, joined other models in the Edgars fashion show extravaganza held in Harare at the weekend.The event showcased beautiful summer outfits from various designers. The Zimbabwe Stock Exchange-listed clothing giant is running a Shop and Win ...

EDGR.zw | Unaudited results for HY ended 7 July 12

11 September 2012 The Directors of Edgars Stores Limited announce the release of the Group s 2012 interim results and presentation, for the 26 weeks ended 7 July 2012. Below are a few financial highlights. Financial highlights Retail sales increased to $24m Profit ...

EDGR.zw | Increase in shares in issue to 283 381 993

17 August 2012 Edgars Stores Zimbabwe Limited (EDGR.zw) (ZW000 901 123 1) had an increase in shares in issue to 283 381 993 via a Share option scheme.

Edgars operations in line with forecasts

14 June 2012 ZIMBABWE Stock-Exchange-listed clothing retailer, Edgars Stores Limited, is operating within the set budget, managing director, Linda Masterson, said in a trading update at the company s annual general meeting (AGM) last week. She, however, declined to give figures, saying the company was currently in a closed ...

EDGARS releases 2011 annual report

9 May 2012 The Board of Directors is pleased to release the annual report for the year ended 7 January 2012. Below are excerpts from the Chairman s Report. Chairman s Report The steady growth in accounts, improved merchandise assortments and improved cost management together with the successful rebranding of ...

EDGARS: Notice of 63rd Annual General Meeting

9 May 2012 Notice is hereby given that the 63rd Annual General Meeting of members will be held at the Royal Harare Golf Club, 5th Street Extension, Harare on Wednesday, 6 June 2012 at 08.30 hours:- Ordinary Business To approve minutes of the Annual General Meeting ...

Edgars posts $3,3m profit

12 March 2012 Steady growth in accounts, improved merchandise and successful rebranding of Express to Jet Stores ensured Edgars Stores attained total revenues of $52,9 million for the full-year ended January 7 2012. Retail sales were up 44% to $51 million. Credit sales contributed 76% to turnover with Edgars ...

EDGARS| FY2011 results and presentation

8 March 2012 The Directors of Edgars Stores Limited are pleased to announce the release of the Group s 2011 full year results and presentation for the 52 weeks ended 7 January 2012. Below are financial highlights and a brief extract from the Commentary section of the results. Financial ...

Express rebrands to South Africa's Jet Stores

18 November 2011 Clothing retail chain Edgars Stores Limited has rebranded Express and Express Mart to Jet Stores, one of South Africa s leading clothing line. Edgars Stores Limited group managing director Linda Masterson said the rebranding of Express and Express Mart was a Zimbabwe franchise initiative aimed ...

To our valued Express Mart cash card holders

17 November 2011 Express and Express Mart stores are changing to Jet Stores starting from the 17 November 2011. We will be phasing out the now expired Express Mart Cash Card, but will soon launch an exciting new Jet Card. You, along with all Express Mart Cash Card holders, ...