Luckin Coffee Inc. (LKNCY)

OTCMKTS · Delayed Price · Currency is USD
23.05
-0.43 (-1.83%)
Dec 20, 2024, 4:00 PM EST
-18.32%
Market Cap 6.47B
Revenue (ttm) 4.55B
Net Income (ttm) 340.29M
Shares Out 280.82M
EPS (ttm) 1.07
PE Ratio 21.56
Forward PE 14.00
Dividend n/a
Ex-Dividend Date n/a
Volume 342,900
Open 23.54
Previous Close 23.48
Day's Range 23.00 - 23.66
52-Week Range 17.28 - 28.82
Beta -0.52
Analysts n/a
Price Target n/a
Earnings Date Feb 21, 2025

About Luckin Coffee

Luckin Coffee Inc. offers retail services of freshly brewed drinks, and pre-made food and beverage items in the People's Republic of China. It offers hot and iced freshly brewed coffee, such as Americano, Latte, Cappuccino, Macchiato, Flat White, and Mocha, as well as specialty coffee based on market and seasonal trends; coconut milk latte products; tea drinks; pre-made beverages; and pre-made food items, such as pastries, sandwiches, and snacks. In addition, the company offers Luckin Pop premium instant coffee and inspirational cups through mo... [Read more]

Industry Restaurants
Founded 2017
Employees 74,590
Stock Exchange OTCMKTS
Ticker Symbol LKNCY
Full Company Profile

Financial Performance

In 2023, Luckin Coffee's revenue was 24.90 billion, an increase of 87.34% compared to the previous year's 13.29 billion. Earnings were 2.85 billion, an increase of 483.30%.

Financial numbers in CNY Financial Statements

News

Starbucks hires its first-ever China chief growth officer as it battles fierce local competition

Starbucks' China revenue fell 7% last quarter, as Chinese shoppers turned to more affordable drinks sold from local chains like Luckin Coffee.

6 days ago - Fortune

Stock Picks From Seeking Alpha's November 2024 New Analysts

Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hersh...

17 days ago - Seeking Alpha

Luckin Coffee Inks Multi-Billion RMB Deal for Brazilian Coffee Bean, Boosting Bilateral Industry Collaboration

BRASÍLIA, Brazil--(BUSINESS WIRE)--On November 19, local time, in the presence of Mr. Geraldo Alckmin, Vice President of Brazil and also the Minister of Development, Industry, Trade, and Services, Luc...

27 days ago - Business Wire

Luckin Coffee Signs a Memorandum of Understanding for a 10 Billion Yuan Procurement of Brazilian Coffee Beans, boosting China-Brazil coffee industry cooperation

Xiamen, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- In the presence of Brazil's Vice President and Minister of Development, Industry, Trade, and Services, Mr. Geraldo Alckmin, Luckin Coffee, China's lead...

4 weeks ago - GlobeNewsWire

Starbucks Looks to JV to Save China Business

Starbucks reportedly is looking for a joint venture in China. Chinese rival Luckin Coffee has been trouncing Starbucks there. The post Starbucks Looks to JV to Save China Business appeared first on 24...

4 weeks ago - 24/7 Wall street

Luckin Coffee Deal for Brazil Beans Ensures Steady China Demand

China’s Luckin Coffee Inc. agreed to buy an equivalent of 4 million bags of beans from the world’s top exporter Brazil between 2025 and 2029, signaling continued demand from one of the fastest growing...

4 weeks ago - BNN Bloomberg

Analyst discusses Starbucks' earnings and Luckin Coffee reportedly planning to enter the U.S. market

John Zolidis of Quo Vadis Capital says new Starbucks CEO Brian Niccol outlined a "credible and exciting plan" for the company, and discusses Luckin Coffee's reported plans to enter the U.S. market.

7 weeks ago - CNBC International TV

Analyst discusses Starbucks' earnings and Luckin Coffee reportedly planning to enter the U.S. market

John Zolidis of Quo Vadis Capital says new Starbucks CEO Brian Niccol outlined a "credible and exciting plan" for the company, and discusses Luckin Coffee's reported plans to enter the U.S. market.

7 weeks ago - CNBC

Luckin Coffee stock analysis: Is Cotti Coffee a big threat?

Luckin Coffee (LKNCY) stock price has retreated in the past few days, moving from this month's high of $28.80 to $23.35. It has dropped by about 40% from its highest level in 2023 and is 54% below the...

2 months ago - Invezz

Luckin Coffee: Growing Profitability With New Product Offerings

Luckin Coffee is a solid investment option with strong financials and growth potential, despite risks like rising debt and economic deflation in China. See more.

3 months ago - Seeking Alpha

Luckin Coffee Offers Growth And Coffee At A Reasonable Price

Luckin Coffee (LKNCY) is a fast-growing company with over 10,000 stores in Beijing and locations in 300+ Chinese cities. See why I rate the stock a buy.

3 months ago - Seeking Alpha

China’s first AAA game Black Myth: Wukong has both fans and brands excited

Lenovo’s Legion PCs, Luckin Coffee and Didi Bike are all launching products promoting Black Myth: Wukong, which is set to become a global hit.

4 months ago - South China Morning Post

Luckin Coffee Inc. (LKNCY) Q2 2024 Earnings Call Transcript

Luckin Coffee Inc. (OTCPK:LKNCY) Q2 2024 Earnings Conference Call July 30, 2024 8:00 AM ET Company Participants Alicia Guo - Head of IR Jinyi Guo - Chairman & CEO Jing An - CFO Conference Call Partici...

5 months ago - Seeking Alpha

Luckin Coffee Inc. Announces Second Quarter 2024 Financial Results

Second Quarter Net Revenues Increased 35.5% to RMB8,402.6 Million Profitability Improved From Last Quarter with GAAP Operating Margin of 12.5% More than 1,370 Net New Store Openings; Ended Quarter wit...

5 months ago - GlobeNewsWire

How Luckin Coffee Bounced Back and Beat Starbucks in China

China's Luckin Coffee has overtaken Starbucks as the country's top coffee retailer. That's a remarkable rebound from less than four years ago, when the company filed for bankruptcy.

5 months ago - Bloomberg Markets and Finance

Undercovered Dozen June 7-13: TeraWulf, Luckin Coffee, iHeartMedia And More

The 'Undercovered' Dozen highlights twelve ideas from the previous week on stocks with limited coverage. Aehr Test Systems, Rentokil, and first-time coverage for AI-focused Brand Engagement Network ar...

6 months ago - Seeking Alpha

Luckin Coffee: Profitable Growth At A Discount

China's coffee market is booming, and it is now likely the world's biggest. After doubling its store count in 2023, Luckin holds a market-leading position in China, with its nearest competitors, Starb...

6 months ago - Seeking Alpha

Luckin Coffee Inc. (LKNCY) Q1 2024 Earnings Call Transcript

Luckin Coffee Inc. (OTCPK:LKNCY) Q1 2024 Earnings Call Transcript April 30, 2024 8:00 AM ET Company Participants Alicia Guo - Head of IR Jinyi Guo - Chairman and CEO Jing An - CFO Operator Ladies and ...

8 months ago - Seeking Alpha

Luckin Coffee stock still at risk as revenue growth accelerates

Luckin Coffee stock price was little changed in the pre-market session after the company published its first-quarter results. It was trading at $21.13 in New York, where it ended the day on Monday.

8 months ago - Invezz

Luckin Coffee Inc. Announces First Quarter 2024 Financial Results

First Quarter Net Revenues Increased 41.5% to RMB6,278.1 Million Average Monthly Transacting Customers Increased 103.2% Compared to the Same Period Last Year More than 2,300 Net New Stores Openings; E...

8 months ago - GlobeNewsWire

Luckin Coffee Files Audited Financial Statements for Fiscal Year 2023

BEIJING, April 08, 2024 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced that it has filed its annual report on Form 20-F for the fiscal year ende...

9 months ago - GlobeNewsWire

Starbucks, Luckin stocks stung as robusta coffee price hits ATH

Starbucks (NASDAQ: SBUX) and Luckin Coffee stock prices have come under intense pressure this year amid rising robusta coffee prices and demand. SBUX shares crashed to a low of $88.50 on Thursday, its...

9 months ago - Invezz