Supermarket chain Sainsbury's has revealed that coronavirus will hit more than £500 million to the current year's profits.
There might have been queues outside most supermarkets and a surge in grocery trade, but the firm said that social distancing measures together with falls in clothing and fuel sales would offset it.
They have also said that customers are likely to see disruption to their shopping until September amid.
Its boss Mike Coupe, who is leaving on May 31, told the BBC that socially-distanced queues were likely to remain "for the foreseeable future".
The retail giant said the impact of Covid-19 is expected to leave underlying pre-tax profits broadly flat for the year to March 2021, despite £450 million in business rates relief.
It has scrapped its final shareholder dividend and said decisions on further payouts would be deferred until later in the financial year - a decision which comes after rival Tesco faced criticism for paying out £635 million.
Watch our video of queues outside Swansea supermarkets during Easter in lockdown
Sainsbury's full-year results showed a 2% fall in underlying pre-tax profits to £586 million for the year to March 7.
On a statutory basis, pre-tax profits rose to £255 million from £202 million the previous year.
It saw total grocery sales jump 12% in the seven weeks to April 25, compared with a 2% rise in the final quarter of its previous financial year.
Meanwhile, profit at Lloyds Bank collapsed in the first quarter of the year as it took a £1.4 billion charge due to the economic hit of coronavirus.
Profit before tax fell by more than 95%, from £1.6 billion to £74 million compared to the same three months last year, the bank revealed on Thursday.
Analysts had forecast pre-tax profit of £863 million.
The bank said that its massive impairment charge increased greatly after it updated its economic outlook. It slashed bonuses for senior staff and the executive committee. It suspended previous guidance.
