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Other Pre-Announcement, Earnings Announcements

Luckin Coffee Inc Announces Unaudited Fourth Quarter And Full Year 2021 Financial Results

Published: 03/24/2022 12:36 GMT
(LKNCY) - .
Announces Unaudited Fourth Quarter and Full Year 2021 Financial Results.
Q4 Revenue Rose 80.7 Percent to Rmb 2.433 Billion.
Opened 353 Net New Stores in Q4; One of Largest Coffee Networks in China With More Than 6,000 Stores.
Achieved 20.9% Store Level Profit for Self-operated Stores in Q4.
Same-store Sales Growth for Self-operated Stores in Q4 Was 43.6%, Compared to 9.2% in Same Quarter of 2020.
GAAP Operating Loss in Q4 Was Rmb120.8 Million (us$19.0 Million) Compared to Rmb488.9 Million in Same Period in 2020.
Qtrly Non-GAAP Net Income per Share Rmb 0.01.
Qtrly Net Income per Ordinary Share Rmb 0.42.