Earnings ·
Luckin Coffee Inc. reported second quarter 2026 financial results showing total net revenues increased 28.5%…
LKNCYLuckin Coffee Inc.
Luckin Coffee Inc. reported second quarter 2026 financial results showing total net revenues increased 28.5% year-over-year to RMB15.9 billion (US$2.34 billion). GAAP operating income rose 22.0% to RMB2.1 billion, while net income grew 16.1% to RMB1.5 billion. The company added 2,714 net new stores, bringing the total store count to 36,310, and average monthly transacting customers reached a record high of 112.7 million. Same-store sales growth for self-operated stores declined to negative 5.3% from 13.8% in the prior year period. The company repurchased 48.9 million Class A ordinary shares for US$195.1 million under its existing program. Luckin Coffee Inc. operates a technology-driven retail coffee chain primarily in China.