Luckin Coffee Inc - ADR

PINX:LKNCY   2:08:51 PM EDT
24.70
+0.05 (+0.20%)
Other Pre-Announcement, Earnings Announcements

Luckin Coffee Inc. Announces Third Quarter 2022 Financial Results

Published: 11/22/2022 12:44 GMT
(LKNCY) - Luckin Coffee Inc. Announces Third Quarter 2022 Financial Results.
Luckin Coffee Inc Q3 Revenue Rose 65.7 Percent to Rmb 3.895 Billion.
Luckin Coffee Inc - Same-store Sales Growth for Self-operated Stores in Q3 Was 19.4%, Compared to 75.8% in Same Quarter of 2021.
Luckin Coffee - As of Date of Earnings Release, Number of Daily Store Closures on Average in Nov Was Around 500.
Luckin Coffee Inc - Believe Daily Store Closure Number May Further Increase for Months Ahead.
Luckin Coffee Inc - Anticipates That Operations Will Continue to Be Negatively Affected by Pandemic-related Market Pressures for Foreseeable Future.
Luckin Coffee Inc - Basic and Diluted Net Income per Ads Was Rmb1.68 (us$0.24) and Rmb1.68 (us$0.24) in Q3 of 2022.
Luckin Coffee Inc - Non-GAAP Basic and Diluted Net Income per Ads Was Rmb1.68 (us$0.24) and Rmb1.60 (us$0.24) in Q3 of 2022.