Edgars Q1 earnings soar on improved efficiencies

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CLOTHING retailer Edgars Stores saw its bottom line for the first quarter to March 31, 2024 improve by almost half a million American dollars from prior year levels which it attributed to improved efficiencies.

This was despite a challenging operating environment characterized by weaker volumes.

According to the group, customers generally held back spending on clothing items during the period under review as disposable incomes took a massive blow from rapid price increases.

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