This case study analyzes the financial performance of Tesco during the COVID-19 pandemic, examining its income statement, balance sheet, and cash flow statement. The analysis covers the years 2018-2021, highlighting revenue trends, profitability, and liquidity. The study evaluates Tesco's strategic responses to the pandemic, including the shift to online sales and changes in operational practices. The financial statement analysis includes a comparative assessment of Tesco's performance before and during the crisis, with ratio analysis used to assess profitability and liquidity. The study also identifies the risks faced by the organization during the crisis and compares Tesco's performance with that of Marks and Spencer. The report concludes by summarizing the pandemic's impact on Tesco's financial health and operations, emphasizing the fluctuations in financial performance. The study provides insights into Tesco's strategic adaptations and the effectiveness of its financial management during the pandemic.