Core Insights - Luckin Coffee reported a total net revenue of 15.287 billion yuan for Q3 2025, representing a year-on-year growth of 50.2% [1] - The company achieved a GAAP operating profit of 1.777 billion yuan, with an operating profit margin of 11.6% [1] - The average monthly transacting customer count reached 112 million, with a total of over 420 million cumulative transacting customers by the end of Q3 [1] Financial Performance - Self-operated store revenue was 11.08 billion yuan, up 47.7% year-on-year, with an operating profit of 1.941 billion yuan, reflecting a 10.2% increase [1] - Same-store sales growth rate improved to 14.4% [1] - The total GMV for Q3 was approximately 17.32 billion yuan [1] Store Expansion - Luckin Coffee opened a net of 3,008 new stores in Q3, bringing the total number of stores to 29,214 [1] - In the Chinese market, 2,979 new stores were added, totaling 29,096 stores, including 18,809 self-operated and 10,287 partner stores [1] - Internationally, the company added 29 new stores, reaching a total of 118, including 68 self-operated stores in Singapore and 5 in the U.S. [1] Customer Growth - The company added over 42 million new transacting customers in Q3, with a year-on-year growth of 40.6% in average monthly transacting customers [1] - Cumulative transacting customers surpassed 420 million by the end of Q3 [1] Strategic Focus - The CEO emphasized a core strategy focused on scale growth, product innovation, and brand value enhancement as key drivers for sustainable long-term growth [2]

来源：新浪科技 新浪科技讯 11月17日晚间消息，瑞幸咖啡（OTC：LKNCY）今日公布了截至9月30日的2025年第三季 度财报：总净营收为152.871亿元，同比增长50.2%。净利润为12.783亿元，而2024年同期净利润13.143 亿元。不按美国通用会计准则，净利润为14.214亿元，而2024年同期净利润14.125亿元。 第三季度，瑞幸咖啡平均每月交易客户为1.123亿，创历史新高，同比增长40.6%。 第三季度，瑞幸咖啡自营门店营收为110.803亿元（约合15.534亿美元），同比增长47.7%。 第三季度，瑞幸咖啡自营门店的同店销售额涨幅为14.4%，明显优于2024年同期的-13.1%。 门店级运营利润——自营门店运营利润为19.412亿元（约合2.721亿美元），同比增长10.2%。门店级运 营利润为17.5%，而2024年同期为23.5%。 不按美国通用会计准则（Non-GAAP），运营利润为19.257亿元（约合2.700亿美元），同比增长 15.2%。不按美国通用会计准则，运营利润率为12.6%，而2024年同期运营利润率为16.4%。 第三季度，瑞幸咖啡联营店营收为37.98 ...

瑞幸咖啡晚间公告，第三季度净营收152.9亿元人民币，同比增长50.2%；第三季度净利润12.8亿元人民 币，同比下降1.9%。 （文章来源：第一财经） ...

每经AI快讯，11月17日，瑞幸咖啡第三季度净营收152.9亿元人民币，同比增长50%；第三季度净利润 12.8亿元人民币，同比下降1.9%。 （文章来源：每日经济新闻） ...

格隆汇11月17日丨瑞幸咖啡第三季度净营收152.9亿元人民币，同比增长50%；第三季度净利润12.8亿元 人民币，同比下降1.9%；第三季度经调整每股ADS净收益4.4元。 来源：格隆汇APP ...

Core Viewpoint - Luckin Coffee reported significant growth in its third-quarter financial results for 2025, showcasing a strong recovery and profitability compared to the previous year [1] Financial Performance - Total net revenue reached 15.2871 billion yuan, representing a year-over-year increase of 50.2% [1] - The company achieved a net profit of 1.2783 billion yuan, a turnaround from a net loss of 1.3143 billion yuan in the same quarter of 2024 [1] - On a non-GAAP basis, net profit was 1.4214 billion yuan, compared to a net loss of 1.4125 billion yuan in the prior year [1]

Core Insights - Luckin Coffee reported a net revenue of 15.29 billion RMB for the third quarter, representing a year-on-year growth of 50% [1] - The company achieved a net profit of 1.28 billion RMB in the third quarter, which is a year-on-year decrease of 1.9% [1]

Core Viewpoint - JD Group founder Liu Qiangdong announced the official launch of the fresh beverage brand "Qixian Coffee," emphasizing the use of "only fresh milk" and recruiting partners nationwide [1] Group 1 - Qixian Coffee has already been established in Beijing and is expanding at a rate of 3 to 5 new stores per week [1] - The brand is expected to cover major districts in Beijing by the end of this year [1]

北京商报讯(记者何倩)11月17日，第3场京东品酒会在三亚保利瑰丽酒店举办。活动现场，京东正式推 出旗下现制饮品品牌"七鲜咖啡"。京东集团创始人、京东集团董事局主席刘强东在品酒会现场表 示："京东推出七鲜咖啡，只用鲜奶，希望为用户提供更新鲜、更好喝、更健康的咖啡体验。七鲜咖啡 面向全国招募合作商，希望随着七鲜咖啡在全国各地的开业，能够整体带动咖啡消费。" 据了解，目前七鲜咖啡已率先在北京落地，正以每周新开3—5家门店的速度稳步拓展，预计在今年年底 覆盖北京主要城区。 ...

Core Viewpoint - Luckin Coffee is actively working towards relisting on the US main board, which is seen as a significant event that could enhance the image of Xiamen's business environment [1][6]. Group 1: Company Efforts and Statements - The CEO of Luckin Coffee, Guo Jinyi, stated that the company is pushing for a return to the US main board under the guidance of the Xiamen municipal government [1]. - However, Luckin Coffee later clarified that there is no confirmed timeline for relisting and that the current focus remains on executing its business strategy and development [2]. Group 2: Historical Context - Luckin Coffee went public on NASDAQ in May 2019 but faced a scandal in early 2020 when Muddy Waters released a report alleging financial fraud, claiming inflated profits and sales figures [2][3]. - The company admitted to financial misconduct in April 2020, leading to its delisting from NASDAQ and transition to the OTC market [3]. Group 3: Current Performance and Future Outlook - Luckin Coffee has shown significant recovery, with Q2 revenue increasing by 47.1% year-on-year to 12.36 billion yuan and net profit rising by 43.6% to 1.25 billion yuan [4]. - The total number of Luckin Coffee stores reached 26,206, and the company is expanding its overseas presence, indicating strong market potential for a relisting [4][5].