Luckin Coffee(US:LKNCY)2023-11-07 15:33Financial Performance - Total net revenues increased by 84.9% year-over-year[25] - Average monthly transacting customers increased by 132.9% year-over-year to 58.5 million[22] - Store-level operating profit margin for self-operated stores was 23.1%[26] - GAAP operating income was RMB 961.7 million with a 13.4% operating income margin[26] - Free cash flow was RMB 402.3 million[8] Store Expansion - Net new store openings in Q3 2023 were +2,437[26] - Total stores reached 13,273 worldwide[26] - Self-operated stores totaled 8,789 and partnership stores totaled 4,466[28] Product and Sustainability - Completed company carbon inventory and verification by Bureau Veritas for the first time in 2022[1] - Compared to regular Latte, one cup of Coconut Milk Latte has 55% or 42% carbon footprint reduction[34] - Jiangxiang Flavored Latte achieved a new record on the first day of launch, selling over 5.42 million cups and generating over RMB 100 million in revenue[24] - Scope 3 carbon emission is 769.2 thousand ton CO2e, accounting for 89.9% of total carbon emission[37]