COVID-19 Impact on Tesco

The coronavirus (COVID-19) company impact report analyses how the pandemic will impact Tesco's performance.

Tesco is forecast to experience a positive impact to its 2020 sales due to the effects of COVID-19 with increased demand for food & grocery globally as consumers stay at home, resulting in a sales increase of 9.2% on 2020 vs 2019.

To cope with swelled demand for online grocery, Tesco has mobilised its logistic network in the UK and increased the number of delivery slots it offers.

Scope

– Tesco has a large presence in West Europe (accounting for 78.4% of sales in 2019) and the severe impact of COVID-19 in this region causing stockpiling early on, has driven sales for the grocer.

– Tesco is delivering online shopping using plastic bags as this shortens the time needed to deliver an order, thus reducing the risk of infection.

– Tesco’s performance will be similar to its rivals, with all supermarket chains benefiting from the rise in demand for food & groceries.

Reasons to buy

– Use our revised 2020 forecast for Tesco to understand how the COVID-19 pandemic will impact its performance this year.

– Use our charts to review how Tesco's sales are split by region globally and how these regions have been impacted by COVID-19.

– Use our in-depth analysis to review how Tesco has responded to COVID-19 and how this will affect its performance.

Companies mentioned

Tesco

Lidl

Aldi

Wal-Mart

Carrefour

The Kroger Company

SPAR International

E. Leclerc

Schwarz Beteiligungs

Morrisons

Groupe Auchan

Sainsbury's

Budgens

F&F

Londis

Lotus Express

Makro

One Stop

Table of Contents

Table of Contents

Executive Summary

Tesco's exposure to COVID-19

Tesco's operational responses to COVID-19

Key findings

Key conclusions

Geographic spread analysis – COVID 19 vs Tesco Group Sales

Global & regional impact

COVID-19 global impact score forTesco versus competitors

Revised 2020 revenue forecast

Brand sales by region vs regional impact levels

Company reaction

Online fulfilment

Stricter hygiene measures

Supporting the community

Appendix

Methodology

List of Figures

List of Figures

Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.

Countries/ regions affected by COVID-19

Spread of Tesco's group sales and stores in 2019

COVID-19 global impact score for Tesco versus competitors

Tesco global revenue and year on year growth 2015-2020

Tesco brand sales by region vs regional impact levels in 2019

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