Luckin Coffee reports Q3 adjusted EPS RMB 4.40 vs. RMB 4.40 last year

Total net revenues were RMB15,287.1M, representing a 50.2% year-over-year increase. Net new store openings were 3,008, comprising 2,979 stores in China, 5 stores in Singapore, 21 stores in Malaysia and 3 stores in the U.S. Total number of stores increased to 29,214 at the third quarter end, comprising 18,882 self-operated stores and 10,332 partnership stores, which represented a store unit growth of 11.5% from the total store count as of the end of the second quarter of 2025. Average monthly transacting customers reached a record high of 112.3 million, representing a 40.6% year-over-year increase. Same-store sales growth for self-operated stores was 14.4%, significantly improved from negative 13.1% in the same quarter of 2024. Jinyi Guo, CEO, said, “Our scale-driven strategy continued to yield strong results. We sustained robust revenue growth momentum through the third quarter, alongside another double-digit increase in self-operated same-store sales. Our expanding store network has enhanced our fulfilment capabilities, enabling us to capture rising customer demand and achieve a major milestone of surpassing 100 million average monthly transacting customers for the first time. These achievements further reinforced our competitive edge and market leadership. Looking ahead, we remain committed to product innovation and brand equity enhancement. Our value propositions of high quality, affordability, and convenience form the cornerstone of our continued customer base expansion, which is a key driver of Luckin Coffee’s (LKNCY) long-term sustainable growth.”