Publicly listed companies are generally designed to efficiently manage public funds and give investment value back to the public in the form of either a dividend or share price increment. Dividends are one method of providing investors with a return on their investment; they may be made in the form of cash, extra company shares, or the chance to purchase further shares at a reduced price. The value of the company is a reflection of how well stakeholders are being catered for in terms of returns and the calendar of publications.

Despite a record of three consecutive stellar financial years and operating above breakeven point for eight years since 2014, Edgars, the largest fashion retailer by market share, has not declared a dividend. The industry's shining retailer struck harder in terms of its business models, which have seen the company sail through two consecutive recessions in 2019 and 2020 and outperform its peer Truworth but still choose not to reward investors even with the optimistic future growth, as shown by the share price movements shown below.

The invisible hand suggests that share price movement is based on supply and demand on the market. Below is a depiction of the performance movements of the two rivals. In general, Edgars' performance has been steadily improving since 2019.

This demonstrates the former's ability to fully represent the investor relationship, as its performance is satisfactory on the basis of the efficient market hypothesis. As a result, this ability calls into question the company's willingness and how it structures its ethical code and responds to security exchange policies

Edgars Summary of financials

Below is the financial performance trajectory for the group since 2014. Sufficient liquidity levels have historically been discovered to be the antidote for recessionary eras; thus, the retail star came out victorious for the 2019 and 2020 economic downturns. The company has operated on a highly liquid trajectory since 2014, cushioning its credit sale business model.

The 900% recorded margin in 2019 largely came from the manufacturing of masks and other COVID-19-related protective clothing. Despite operating in a constrained environment during the national economic downturn, the company experienced growth that provided it with the capability to pay dividends also. 

The period under review has not recorded capital appreciation as the financials did not mention any major investments that would otherwise give value to shareholders. Edgars recorded growth across all its key segments. Revenue grew by an average 64% each year from 2014 to 2021

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