LKNCY News and Press, Luckin Coffee Inc. From 06/06/23

2023-06-06 23:16:24 ET Summary Luckin Coffee has experienced a strong turnaround post scandal, with aggressive expansion in China and a focus on technology and lower-tier cities fueling growth. The company's retail partnership model has contributed to profitability and margins, wh...

2023-05-10 01:30:00 ET Summary Luckin’s revenue surged 85% in the first quarter from a year earlier, while its net profit soared nearly 30-fold. The latest results show the company’s remarkable turnaround continues just two years after an accounting scandal pushed it...

2023-05-01 12:01:02 ET Luckin Coffee Inc. (LKNCY) Q1 2023 Earnings Conference Call May 01, 2023, 08:00 AM ET Company Participants Alicia Guo - IR Jinyi Guo - Chairman & CEO Jing An - CFO Conference Call Participants Presentation Operator...

2023-05-01 08:24:45 ET Luckin Coffee ( OTCPK:LKNCY ) reported revenue growth of 85% in Q1 and 1,137 new store openings. The coffee chain operator said revenue growth was primarily driven by the increase in the number of products sold, the increase in stores in operation, and the...

2023-05-01 07:06:40 ET Luckin Coffee press release ( OTCPK:LKNCY ): Q1 Non-GAAP EPADS of $0.24. Revenue of $646M (+84.5% Y/Y). Net new store openings during the first quarter was 1,137, including two new store openings in Singapore, resulting in a quarter-over-qu...

First Quarter Net Revenues Increased 84.5% Improved Profitability Profile with GAAP Operating Income Margin of 15.3% More than 1,100 Net New Stores Openings; Expanded to More than 9,300 Stores Started International Expansion with Launch of Stores in Singapore BEIJI...

BEIJING, April 24, 2023 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) will release its first quarter 2023 financial results before the U.S. market open on Monday, May 1, 2023. The Company will hold a conference call on Mon...

2023-04-17 16:36:41 ET Summary The total store count of Luckin Coffee reached approximately 9,381 at the end of 1Q 2023 and should be able to surpass 10,000 during 2Q 2023 at the current pace. Luckin Coffee opened on average 13 new stores per day during 1Q 2023, reaching a histori...

2023-04-13 08:39:47 ET Summary The restaurant industry has been battered and bruised by repeated COVID-19 outbreaks, but the company is optimistic that its negative impacts will continue to lessen for the foreseeable future. Luckin Coffee leverages its strengths and maintains a le...

BEIJING, April 06, 2023 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 (the “2022 Annual Report”) with the...