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Lowe's Companies, Inc. - Coronavirus (COVID-19) Company Impact

Lowe’s Companies, Inc. - Coronavirus (COVID-19) Company Impact

Summary

The Coronavirus (COVID-19) company impact report analyses how the pandemic will impact Lowe’s Companies, Inc. performance.

To enhance sales in 2020, the retailer came up with a multi-year plan to transform the company which included a series of loyalty programs, an area dominated by Home Depot

Lowe’s was already suffering from weaker sales and these uncertain economic conditions and a sensitive housing market will further amplify the existing challenges and disrupt its 2020 performance

Scope
  • COVID-19 will negatively impact the retailer’s outlook for 2020
  • Impact of COVID-19 on housing market will further deteriorate sales
  • Lowe’s is committed to serving its associates, customers and communities during the pandemic

Reasons to Buy
  • Use our revised 2020 forecast for Lowe's to understand how it will perform this year.
  • Use our charts to review how Lowe'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 Lowe's has responded to COVID-19 and how this will affect its performance.

Table of Contents

  • Executive Summary
  • Lowe’s Companies, Inc. exposure to COVID-19
  • Lowe’s Companies, Inc. operational responses to COVID-19
  • Key findings
  • Key conclusions
  • Geographic spread analysis - COVID 19 vs Lowe’s Companies, Inc. Group Sales
  • Global & regional impact
  • Lowe’s Companies, Inc. COVID-19 global impact score
  • Lowe’s Companies, Inc. forecast 2020 sales performance
  • Lowe’s Companies, Inc. exposure: brand sales by region vs regional impact levels
  • Company reaction
  • Community support
  • Instore measures
  • Staffing
  • Appendix
  • Methodology

List of Figures
  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/ regions affected by COVID-19
  • Spread of Lowe’s Companies, Inc. sales and stores in 2019
  • COVID-19 global impact score for Lowe’s Companies, Inc. versus competitors (ppt)
  • Lowe’s Companies, Inc. global revenue (USD bn) and y-o-y change (%) with 2020 COVID-19 forecast
  • Lowe’s Companies, Inc. exposure: brand sales by region vs regional impact levels

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Home Depot
  • Lowe`s
  • Ikea
  • Walmart
  • Leroy Merlin
  • Ace Hardware
  • Sherwin Williams
  • Menards