Luckin Coffee(LKNCY) - 2023 Q2 - Quarterly Report

Exhibit 99.1 Luckin Coffee Inc. Announces Second Quarter 2023 Financial Results Second Quarter Net Revenues Increased 88.0% Improved Profitability with Record High GAAP Operating Income Margin of 18.9% More than 1,400 Net New Store Openings; Ended Quarter with More than 10,000 Stores BEIJING, August 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 June 30, 2023. SECOND QUARTER 2023 HIGHLIG ...