Luckin Coffee(LKNCY)
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Luckin Coffee(LKNCY) - 2023 Q4 - Earnings Call Transcript
2024-02-23 15:58
[Foreign Language] Hello, everyone. Welcome to today's earnings conference call, and thank you for continuing to support Luckin Coffee. I am Luckin's Chairman and CEO, Guo Jinyi. 2023 was a significant milestone year for Luckin Coffee. In terms of scale, the number of Luckin Coffee stores doubled from the previous year, reaching a new record high. In terms of performance, despite facing intense industry competition, Luckin Coffee achieved another year of record-breaking revenue, thanks to its unique busines ...
Luckin Coffee(LKNCY) - 2024 Q1 - Quarterly Report
2024-02-23 12:00
Exhibit 99.1 Luckin Coffee Inc. Announces Fourth Quarter and Full Year 2023 Financial Results Fiscal Year 2023 Net Revenues Increased 87% More than 8,000 Net New Store Openings in Fiscal Year 2023; Ended 2023 with More than 16,200 Stores in China BEIJING, February 23, 2024 (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, 2023 and fiscal year 2023. FOURTH QUARTER 2023 HIGHLIGHTS Please ...
Luckin Coffee: Upside Ahead, But Competition Risk Remains Elevated
Seeking Alpha· 2024-02-05 11:46
VCG/Visual China Group via Getty Images Luckin Coffee (OTCPK:LKNCY) is a Chinese coffee chain founded in 2017 with a digital-first business model that had been rapidly growing to overtake Starbucks (SBUX) before accounting fraud issues led to bankruptcy. Since 2022, they have been rebuilding trust under new management. So far, things have been looking relatively good. Since 2022, the share price has nearly doubled, though performance has been rather volatile. Luckin saw a 1-year high of $34 in just October ...
Luckin Coffee stock forms death cross as Starbucks flags China risks
Invezz· 2024-01-31 11:03
Luckin Coffee (LKNCY) stock price will be on edge on Wednesday as investors read the tea leaves from the latest Starbucks earnings report. Shares of Luckin, the biggest Chinese coffee giant, have plunged by more than 43% from their highest point in 2023.China economic woesCopy link to sectionLuckin Coffee is one of the fastest growing coffee chains in the world. In just a few years, the company has moved from zero stores to over 13,700 in the last quarter and the management expects that this growth will acc ...
Luckin Coffee(LKNCY) - 2023 Q3 - Earnings Call Presentation
2023-11-07 15:33
Completed company carbon inventory and verification by Bureau Veritas for the first time The scope of the verification includes Luckin Coffee's office areas, factories and stores in 2022, laying the development foundation for the of future carbon reduction targets. Completed product carbon footprint 2verification for the first time Compared to regular Latte, one cup of Coconut Milk Latte has (hot drink) (iced drink) Notes: (1) Carbon emission • Scope 1 emissions are direct emissions from owned or controlled ...
Luckin Coffee(LKNCY) - 2023 Q3 - Earnings Call Transcript
2023-11-01 17:48
As is indicated by the digital and intelligent empowering text, the strategy is being bolstered by Luckin's core advantage of digitalization. As part of this report, we completed a carbon inventory and verification for the whole company for the first time. We also completed the carbon footprint verification of Coconut Milk Latte and Latte for the first time. According to the in-depth understanding of carbon emission of our operations and products, we can lay the data foundation for our future carbon reducti ...
Luckin Coffee(LKNCY) - 2023 Q4 - Annual Report
2023-11-01 11:00
More Than 2,400 Net New Store Openings; Ended Quarter With More Than 13,000 Stores BEIJING, November 1, 2023 (GLOBE NEWSWIRE) — Luckin Coffee Inc. ("Luckin Coffee" or the "Company") (OTC: LKNCY) today announced its unaudited financial results for the three months ended September 30, 2023. Exhibit 99.1 Luckin Coffee Inc. Announces Third Quarter 2023 Financial Results Third Quarter Net Revenues Increased 84.9% To RMB7.2 Billion Record High Average Monthly Transacting Customers THIRD QUARTER 2023 HIGHLIGHTS Pl ...
Luckin Coffee(LKNCY) - 2023 Q2 - Earnings Call Transcript
2023-08-01 16:13
Ladies and gentlemen, welcome to Luckin Coffee's Second Quarter 2023 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 conference is being recorded. Hello, everyone, and thank you for joining us on today's call. Luckin Coffee announced its first quarter 2023 financial results earlier today. Today, you will hear from Dr. Jinyi Guo, Chairman and CEO of Luckin Coffee; and Ms. Jing An, CFO ...
Luckin Coffee(LKNCY) - 2023 Q2 - Earnings Call Presentation
2023-08-01 12:05
luckin coffee August 1, 2023 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 prepared and presented in accordance with GAAP. For ...
Luckin Coffee(LKNCY) - 2023 Q3 - Quarterly Report
2023-08-01 11:00
Exhibit 99.1 Luckin Coffee Inc. Announces Third Quarter 2023 Financial Results Third Quarter Net Revenues Increased 84.9% To RMB7.2 Billion Record High Average Monthly Transacting Customers More Than 2,400 Net New Store Openings; Ended Quarter With More Than 13,000 Stores BEIJING, November 1, 2023 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months ended September 30, 2023. THIRD QUARTER 2023 HIGHLIGHTS · ...