Luckin Coffee Inc. Announces First Quarter 2023 Financial Results Exhibit 99.1 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 BEIJING, May 1, 2023 (GLOBE NEWSWIRE) — Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) today announced its unaudited financial results for the three mont ...

Table of Contents | UNITED STATES | | --- | | SECURITIES AND EXCHANGE COMMISSION | | WASHINGTON, D.C. 20549 | | FORM 20-F | | (Mark One) | | ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | OR | | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ | | For the fiscal year ended December 31, 2022 | | OR | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | OR | | ☐ SHELL COMPANY ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form 20-F x Form 40-F ¨ Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 Commission File Number 001-38896 Luckin Coffee Inc. (Exact Name of Registrant as Specified in Its Charter) 28th Floor, Building T3, Haixi Jingu Plaza 1-3 Taibei Road Siming District, Xiamen City, Fujian People's Republic of China, 361008 +86-592-3386666 (Address of prin ...

Luckin Coffee Inc. (OTCPK:LKNCY) Q4 2022 Earnings Conference Call March 2, 2023 8:00 AM ET Company Participants Alicia Guo - IR Jinyi Guo - Chairman & CEO Jing An - CFO Conference Call Participants Operator Ladies and gentlemen, welcome to Luckin Coffee's Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in listen-only mode, during management prepared remarks and there will be a question-and-answer session to follow. Today's conference is being recorded. At this time, I wo ...

Continues to Advance ESG Initiatives and Sustainable Development Goals BEIJING, March 2, 2023 (GLOBE NEWSWIRE) — Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) today announced its unaudited financial results for the three months ended December 31, 2022 and fiscal year 2022. Exhibit 99.1 Luckin Coffee Inc. Announces Fourth Quarter and Full Year 2022 Financial Results More than 2,100 Net New Store Openings in Fiscal Year 2022; Ended 2022 with More than 8,200 Stores in China Fiscal Year 202 ...

Luckin Coffee Inc. (OTCPK:LKNCY) Q3 2022 Results Conference Call November 22, 2022 8:00 AM ET Company Participants Bill Zima - ICR Jinyi Guo - Chairman and CEO Jing An - CFO Alicia Guo - Investor Relations Reinout Schakel - CSO Conference Call Participants Operator Ladies and gentlemen, welcome to Luckin CoffeeÂ's Third Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode during management's prepared remarks. And there will be a questionand-answer session to follow. Today's co ...

luckin coffee November 22, 2022 LKNCY 2022Q3 Earnings Presentation DISCLAIMER 2 This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"), including non-GAAP operating income/(loss), non-GAAP net income/(loss), non-GAAP basic and diluted net income/(loss) per ADS. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information p ...

Luckin Coffee Inc. (OTCPK:LKNCY) Q2 2022 Earnings Conference Call August 8, 2022 8:00 AM ET Company Participants Bill Zima - ICR Jinyi Guo - Chairman and CEO Reinout Schakel - CFO Conference Call Participants Operator Ladies and gentlemen, welcome to Luckin Coffee Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Today's conference is being recorded. At this time, I would like to turn the call over to Mr. Bill Zima at ICR for opening remarks and introductions. Please go ahead, sir. Bill ...

Business Performance - Total net revenue reached RMB 3,299 million, a 72.4% year-over-year increase[20] - Average monthly transacting customers increased by 68.6% year-over-year to 20.7 million[20] - Self-operated stores saw same-store sales growth of 41.2%[20] - Store-level operating profit for self-operated stores was RMB 712 million, with a profit margin of 30.6%[20,22] - The company opened 615 net new stores in Q2 2022, bringing the total store count to 7,195[21,55] Financial Highlights - GAAP Operating income reached RMB 242 million[20] - Store-level profit margin improved to 30.6%[22,61] - The company achieved an operating profit margin of 7.3% in Q2[22,61] - Cash and cash equivalents amounted to RMB 4,474 million[68] - Free cash flow reached RMB 625 million, a 136.8% year-over-year increase[73] Store Expansion - Self-operated stores totaled 4,968 across 59 cities[42] - Partnership stores numbered 2,227 across 231 cities[42]

Financial Performance - Total net revenues for the second quarter were RMB3,298.7 million (US$493.2 million), a 72.4% increase from RMB1,913.7 million in the same quarter of 2021[3] - Revenues from self-operated stores were RMB2,331.1 million (US$348.6 million), a 52.4% increase from RMB1,529.3 million in the same quarter of 2021[3] - Revenues from partnership stores reached RMB777.5 million (US$116.3 million), a 178.4% increase from RMB279.3 million in the same quarter of 2021, representing 23.6% of total net revenues[12] - Revenues from product sales increased to RMB2,521.2 million in Q2 2022, up 54.3% from RMB1,634.5 million in Q2 2021[42] - Operating income for Q2 2022 was RMB241.6 million, compared to an operating loss of RMB47.5 million in Q2 2021[42] - Net loss for Q2 2022 was RMB114.7 million (US$17.2 million), compared to a net income of RMB21.0 million in Q2 2021[16] - Non-GAAP net income for Q2 2022 was RMB267.5 million (US$40.0 million), representing a non-GAAP net income margin of 8.1%, up from 4.8% in Q2 2021[16] - The company reported a comprehensive loss of RMB163.8 million for Q2 2022, compared to a comprehensive loss of RMB13.6 million in Q2 2021[42] Customer Metrics - Average monthly transacting customers increased to 20.7 million, up 68.6% from 12.3 million in the same quarter of 2021[3] - Average monthly transacting customers reached 20,712 thousand in Q2 2022, compared to 16,229 thousand in Q4 2021[21] - Same-store sales growth for self-operated stores was 41.2%, compared to 71.8% in the same quarter of 2021[3] - Same-store sales growth for self-operated stores was 41.2% in Q2 2022, down from 43.6% in Q4 2021[21] Store Expansion - The company opened 615 net new stores, resulting in a total of 7,195 stores by the end of the second quarter, including 4,968 self-operated and 2,227 partnership stores[3] - Total stores increased to 7,195 as of June 30, 2022, from 6,024 at the end of 2021, with self-operated stores at 4,968 and partnership stores at 2,227[21] - The company plans to continue expanding its store network and improving its product offerings to strengthen its market position[36] Cash Flow and Assets - Net cash used in operating activities was RMB553.1 million (US$82.7 million) in Q2 2022, but net cash provided by operating activities excluding litigation payments was RMB619.1 million (US$92.6 million), up from RMB362.7 million in Q2 2021[18] - Cash and cash equivalents as of June 30, 2022, were RMB4,473.7 million (US$668.9 million), down from RMB6,555.3 million as of December 31, 2021[19] - Total current assets increased to RMB8,383.4 million as of June 30, 2022, compared to RMB6,605.4 million as of December 31, 2021[39] - Total liabilities rose to RMB7,166.7 million as of June 30, 2022, compared to RMB4,659.2 million as of December 31, 2021[39] Operational Efficiency - GAAP operating income was RMB241.6 million (US$36.1 million), with a GAAP operating income margin of 7.3%, compared to a loss of RMB47.5 million in the same quarter of 2021[15] - The total operating loss for the first half of 2022 was reduced to RMB257,685 thousand from a loss of RMB411,545 thousand in the first half of 2021, indicating improved operational efficiency[46] Product Development - The company launched 34 new products during the second quarter and sold over 24 million cups of the "Coconut Cloud Latte" since its launch in April 2022[4] ESG Initiatives - A Sustainable Development Committee was established to enhance the company's ESG initiatives, with plans to publish its first Corporate Governance Report in Q4 2022[6] Legal and Other Challenges - The company anticipates continued negative impacts from pandemic-related market pressures, although the situation has improved compared to earlier in 2022[9] - The provision for equity litigants was RMB276,795 thousand in Q2 2022, a significant increase from zero in Q2 2021, indicating new legal challenges faced by the company[46]