Ladies and gentlemen, Welcome to Luckin Coffee's fourth quarter and full year 2024 earning conference call. All participants will be in listen-only mode during the management's prepared remarks, and ...

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Chinese coffee shop chain Luckin Coffee has published its unaudited fourth quarter and fiscal year 2024 financial results.

Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan, has announced ...

Luckin Coffee (LKNCY) is surging 10% after the company reported that its revenue had jumped 32.7% last quarter versus the same period a year earlier. Luckin owns, operates and franchises coffee stores ...

CEO Jinyi Guo highlighted that 2024 was a pivotal year, with total net revenues increasing by 38% year-over-year to RMB34.5 billion and operating profit rising by 17% to RMB3.5 billion. He emphasized ...

Reports Q4 revenue RMB 9.6B vs. RMB 7.06B last year. Net new store openings were 997, comprising 991 stores in China (including 5 stores in ...

Meanwhile, Luckin announced in December a reduction in the prices of its raw material supplies for franchisees, effective Jan ...

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