据悉，瑞幸咖啡继续加强供应链建设，第四座烘焙工厂——瑞幸咖啡（厦门）创新产业（300832）园于 今年6月在厦门正式动工。该项目投产后，瑞幸咖啡年咖啡烘焙总产能将跃升至15.5万吨，创造中国咖 啡行业最大烘焙产能规模，也将进一步提升瑞幸咖啡的供应链效率与品质把控水平，夯实长期发展的核 心竞争力。 瑞幸咖啡联合创始人、首席执行官郭谨一表示："未来，公司将继续关注市场份额的增长。依托规模优 势、产品创新能力以及结合用户洞察，能够灵活从容应对不断变化的市场环境。" 第二季度，瑞幸咖啡在中国市场净增2085家门店，门店总数达到26117家，其中自营16903家，联营9214 家；国际市场方面，净增24家门店，海外门店总数达到89家，其中新加坡自营门店63家、美国自营门店 2家、马来西亚加盟门店24家。 中证报中证网讯（记者 乔翔）7月30日，瑞幸咖啡公布2025年第二季度财报。数据显示，2025年第二季 度瑞幸咖啡总净收入为123.59亿元，同比增长47.1%。在门店运营方面，瑞幸咖啡第二季度净新开门店 数为2109家，全球总门店数达26206家。 ...

Core Insights - Luckin Coffee reported a total net revenue of 12.359 billion RMB for Q2 2025, representing a year-on-year growth of 47.1% [1] - GAAP operating profit increased by 61.8% year-on-year, reaching 1.7 billion RMB, with an operating profit margin of 13.8% [1] - The company opened 2,109 new stores in Q2, bringing the total number of stores globally to 26,206, with 26,117 located in China [1] Revenue Breakdown - Self-operated store revenue was 9.136 billion RMB, a year-on-year increase of 45.6%, with a same-store sales growth rate of 13.4% [1] - Partnership store revenue reached 2.867 billion RMB, showing a significant year-on-year growth of 55.0% [1] Customer Engagement - The average monthly transacting customer count grew by 31.6% year-on-year, reaching a historical high of 91.7 million [1] - Cumulative transacting customer count surpassed 380 million [1] Product Performance - New product launches, including "Bai Ka Ice Coffee Season" and "Feather Light Fruit and Vegetable Tea," received positive consumer feedback with substantial sales [1]

7月30日，瑞幸咖啡（OTC：LKNCY）公布 2025 年第二季度财报，凭借门店覆盖、运营效率、产品交 付和供应链能力的多维提升实现业绩强劲增长。数据显示，2025年第二季度瑞幸咖啡总净收入为 123.59 亿元人民币， 同比增长 47.1%。 二季度 GAAP 营业利润同比增长61.8%，达 17.00 亿元人民币，营业利 润率提升至 13.8%，GMV 达141.79 亿元人民币。 随着现制饮品旺季到来，瑞幸咖啡二季度经营业绩稳步提升。自营门店收入达91.36亿元人民币，同比 增长45.6%；自营门店同店销售增长率实现13.4%的双位数增长；自营门店层面营业利润达19.22亿元人 民币，同比增长42.3%。与此同时，联营门店收入同比增长55.0%，达到28.67亿元人民币。 在门店运营方面，瑞幸咖啡持续加强门店网络布局，提升市场渗透率，二季度净新开门店数为2109家， 全球总门店数达26206家。本季度，瑞幸咖啡在中国市场净增2085家门店，门店总数达到 26117 家，其 中自营 16903 家，联营9214 家；国际市场方面，净增24家门店，海外门店总数达到89家，其中新加坡 自营门店63家、美国自 ...

Core Insights - Luckin Coffee reported a total net revenue of 12.359 billion RMB for Q2 2025, representing a year-on-year growth of 47.1% [1] - The company's GAAP operating profit increased by 61.8% year-on-year, reaching 1.7 billion RMB, with an operating profit margin of 13.8% [1] - The Gross Merchandise Volume (GMV) for the quarter was 14.179 billion RMB [1] Financial Performance - Self-operated store revenue reached 9.136 billion RMB, a year-on-year increase of 45.6% [1] - Same-store sales growth for self-operated stores was 13.4%, indicating double-digit growth [1] - Operating profit from self-operated stores was 1.922 billion RMB, up 42.3% year-on-year [1] - Revenue from franchise stores grew by 55.0%, totaling 2.867 billion RMB [1] Store Operations - The company opened 2,109 new stores in Q2, bringing the total number of stores globally to 26,206 [1] - In the Chinese market, 2,085 new stores were added, resulting in a total of 26,117 stores, with 16,903 self-operated and 9,214 franchise stores [1] - Internationally, 24 new stores were opened, with a total of 89 overseas stores, including 63 self-operated in Singapore, 2 in the USA, and 24 franchise stores in Malaysia [1] Product and Customer Metrics - In May, Luckin launched the "Hundred Card Ice Coffee Season," focusing on refreshing low-calorie options, with over 350 million cups of the Orange C Americano sold by Q2 [2] - The newly introduced Feather Light Fruit and Vegetable Tea sold over 11.2 million cups within two weeks of its launch [2] - The average monthly active customer count grew by 31.6% year-on-year, reaching 91.7 million, marking a new historical high [2] - As of the end of Q2, the cumulative number of transaction customers surpassed 380 million [2]

How should we think about the emergence of Lucken and its emergence here in the US. >> Well, what's interesting about Luck, you only have a couple of stores open so far in New York, right. What's interesting about it is that is primarily a mobile pickup based concept, right.It's distinct from Starbucks, which is telling you sort of coming into stores that employee connection is is still important. Lucken doesn't necessarily have that, right. So, I think our view would be that that isn't a broader threat to ...

Group 1 - The core viewpoint of the article highlights that Luckin Coffee has achieved record high total net revenue of 12.359 billion yuan in Q2 2025, marking a year-on-year growth of 47.1% [1] - The GAAP operating profit reached 1.7 billion yuan with an operating profit margin of 13.8%, while the net profit attributable to ordinary shareholders was 1.251 billion yuan, reflecting a year-on-year increase of 44% [1] - As of the end of Q2 2025, Luckin Coffee had a total of 26,200 stores, ranking second in the country, just behind Starbucks, with a net increase of 2,109 stores during the reporting period [1][2] Group 2 - Luckin Coffee has been steadily expanding its international presence since launching its globalization strategy in 2024, entering markets such as Singapore, Hong Kong, and Malaysia [2] - The company has opened two PICK UP stores in Manhattan, New York, which signifies its ambition to create a world-class coffee brand and highlights the potential of the U.S. market [2] - Despite overseas stores accounting for less than 0.5% of total stores, the company's low-price strategy (60%-80% of local Starbucks prices) and self-operated model present new revenue growth opportunities [2] Group 3 - According to Deloitte's reports, China's per capita coffee consumption has increased from 9 cups per year in 2021 to approximately 22 cups per year in 2024, indicating significant growth potential compared to the U.S. and other Asian countries [3] - Frost & Sullivan projects that the domestic freshly brewed coffee market will further grow to 331.4 billion yuan by 2027, with a growth rate exceeding 20%, suggesting that the industry is still in a phase of substantial benefits [3]

Company Overview - Luckin Coffee reported a total net revenue of 12.359 billion yuan for Q2 2025, marking a new record for quarterly revenue and a year-on-year growth of 47.1% [1] - The GAAP operating profit reached 1.7 billion yuan, with an operating profit margin of 13.8%, while the net profit attributable to ordinary shareholders was 1.251 billion yuan, reflecting a year-on-year increase of 44% [1] Store Expansion and Sales Performance - As of the end of Q2 2025, Luckin Coffee had a total of 26,200 stores, ranking second in the country, just behind Starbucks [1] - The company opened 2,109 new stores during the reporting period, with same-store sales growth for self-operated stores rising to 13.4% [1] - The average monthly transaction customer count reached 91.7 million, representing a year-on-year growth of 31.6% [1] International Expansion Strategy - Since launching its international strategy in 2024, Luckin Coffee has been steadily expanding its overseas store presence, entering markets such as Singapore, Hong Kong, and Malaysia [2] - In June 2025, the company began trial operations of two PICK UP stores in Manhattan, New York, highlighting its brand appeal and market potential in the U.S. [2] - The CEO emphasized the importance of the U.S. market as a key strategic area for Luckin Coffee's global expansion [2] Market Potential and Industry Insights - According to Deloitte's reports, China's per capita coffee consumption has increased from 9 cups per year in 2021 to approximately 22 cups per year in 2024, indicating significant growth potential compared to the U.S. and other Asian countries [3] - Frost & Sullivan projects that the domestic freshly brewed coffee market will grow to 331.4 billion yuan by 2027, with a growth rate exceeding 20%, suggesting that the industry is still in a phase of substantial opportunity [3]

据悉，瑞幸咖啡二季度经营业绩稳步提升，自营门店收入达91.36亿元人民币，同比增长45.6%；自营门 店同店销售增长率实现13.4%的双位数增长；自营门店门店层面营业利润达19.22亿元人民币，同比增长 42.3%。同时，联营门店收入同比增长55.0%，达到28.67亿元人民币。 7 月 30 日，瑞幸咖啡公布 2025 年第二季度财报。数据显示，2025年第二季度瑞幸咖啡总净收入为 123.59 亿元人民币， 同比增长 47.1%。 二季度 GAAP 营业利润同比增长61.8%，达 17.00 亿元人民币， 营业利润率提升至 13.8%，GMV 达141.79 亿元人民币。 在ESG实践方面，瑞幸咖啡继4月北京中关村·在握旗舰店挂牌LEED v4 ID+C铂金级认证之后，瑞幸咖啡 （江苏）烘焙基地于5月获LEED BD+C铂金级认证；6月，瑞幸咖啡云南保山鲜果处理加工厂获世界自 然基金会"生态友好型工厂（示范）"认证。 瑞幸咖啡联合创始人、首席执行官郭谨一表示："二季度，我们深度聚焦规模增长，加速收入增长与营 业利润率提升。凭借规模、效率、交付和供应链的优势，我们在充分把握行业发展机遇的同时，实现自 营门店 ...

Core Insights - Luckin Coffee reported a record total net revenue of 12.359 billion yuan for Q2 2025, marking a year-on-year growth of 47.1% [2] - The company achieved a GAAP operating profit of 1.7 billion yuan, with an operating profit margin of 13.8%, and a net profit attributable to ordinary shareholders of 1.251 billion yuan, up 44% year-on-year [2] - As of the end of Q2 2025, Luckin Coffee had a total of 26,200 stores, ranking second in the country, just behind Starbucks [2] Financial Performance - Total net revenue reached 12.359 billion yuan, a record high for a single quarter, with a year-on-year increase of 47.1% [2] - GAAP operating profit was 1.7 billion yuan, with an operating profit margin of 13.8% [2] - Net profit attributable to ordinary shareholders was 1.251 billion yuan, reflecting a 44% year-on-year growth [2] Store Expansion and Sales - The number of stores increased by 2,109 during the reporting period, with a total of 26,200 stores by the end of Q2 2025 [2] - Same-store sales growth for self-operated stores reached 13.4% [2] - Monthly average transaction customers reached 91.7 million, a year-on-year increase of 31.6% [2] International Expansion - Since the launch of its international strategy in 2024, Luckin Coffee has been steadily expanding its overseas store presence, entering markets such as Singapore, Hong Kong, and Malaysia [3] - In June 2025, the company opened two PICK UP stores in Manhattan, New York, marking a significant step in its global strategy [3] - The CEO emphasized the importance of the U.S. market as a key strategic area for Luckin Coffee's global expansion [3] Market Potential - According to Deloitte, China's per capita coffee consumption has increased from 9 cups per year in 2021 to approximately 22 cups per year in 2024, indicating significant growth potential compared to the U.S. and other Asian countries [4] - Frost & Sullivan projects that the domestic freshly brewed coffee market will grow to 331.4 billion yuan by 2027, with a growth rate exceeding 20% [4]

7月30日，瑞幸咖啡（OTC：LKNCY）公布2025年第二季度财报，数据显示，2025年第二季度瑞幸咖啡 总净收入为123.59亿元人民币，同比增长47.1%。二季度GAAP营业利润同比增长61.8%，达17亿元人民 币；GMV（成交总额）达141.79亿元人民币。 在产品方面，瑞幸咖啡表示，二季度持续深入洞察消费趋势，不断丰富产品矩阵，满足消费者全时段、 多场景和健康化的饮品需求。5月初，瑞幸启动"百卡冰咖季"活动，推出清爽低热量产品，其中常青爆 款橙C美式，截至二季度已累计售出超3.5亿杯。此外，新品羽衣轻体果蔬茶也在上市两周后，销量突破 1120万杯。 在用户方面，瑞幸咖啡通过便捷的门店交付体系，高品质的产品和服务，同时不断与消费者建立情感链 接，二季度月均交易客户数同比增长31.6%，达9170万，再创历史新高。二季度以来，海绵宝宝、多邻 国等知名IP跨界联名合作，深受消费者欢迎，周边产品屡屡引发抢购热潮，上线即售罄。截至二季度 末，瑞幸咖啡累计交易客户数突破3.8亿。 此外，瑞幸咖啡继续加强供应链建设，第四座烘焙工厂瑞幸咖啡（厦门）创新产业园于6月在厦门正式 动工。该项目投产后，瑞幸咖啡年咖啡烘焙 ...