LKNCY - Luckin Coffee GAAP EPS of $0.48 revenue of $885.2M

2023-08-01 07:08:04 ET

• Luckin Coffee press release ( OTCPK:LKNCY ): Q2 GAAP EPS of $0.48.
• Revenue of $855.2M (+88% Y/Y).
• Net new store openings during the second quarter was 1,485, including five new store openings in Singapore, resulting in a quarter-over-quarter store unit growth of 15.9% from the number of stores at the end of the first quarter of 2023, ending the second quarter with 10,836 stores which include 7,188 self-operated stores and 3,648 partnership stores.
• Average monthly transacting customers in the second quarter was 43.1 million, representing an increase of 107.9% from 20.7 million in the same quarter of 2022.
• Same-store sales growth for self-operated stores in the second quarter was 20.8%, compared to 41.2% in the same quarter of 2022.

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