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]
Luckin Coffee(LKNCY) - 2022 Q2 - Earnings Call Presentation