Luckin Coffee Inc ( (LKNCY) ) has released its Q3 earnings. Here is a breakdown of the information Luckin Coffee Inc presented to its investors.
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Luckin Coffee Inc., a leading technology-driven coffee retailer based in China, is renowned for its extensive retail network offering high-quality, convenient, and affordable coffee and other products. The company has recently reported its financial results for the third quarter of 2025, showcasing significant growth and expansion.
In the third quarter of 2025, Luckin Coffee achieved a remarkable 50.2% year-over-year increase in net revenues, reaching RMB15.3 billion. The company also recorded a new high in average monthly transacting customers, with 112.3 million, and expanded its store network by opening 3,008 new stores, bringing the total to 29,214 globally.
Key financial highlights include a 47.7% increase in revenues from self-operated stores and a 62.3% rise in revenues from partnership stores. Despite a decrease in operating margins, the company reported a 12.9% increase in GAAP operating income. The growth was driven by a surge in delivery volumes and an increase in the number of products sold, supported by the expansion of its store network.
Looking forward, Luckin Coffee remains committed to product innovation and enhancing brand equity. The company’s focus on high quality, affordability, and convenience is expected to drive continued customer base expansion, supporting its long-term sustainable growth.