Luckin Coffee Revenue Rises 17% as Same-Store Sales Fall 11.1%
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Luckin Coffee Inc. posted third-quarter 2026 revenue of $2.666 billion, up 17% year over year, as self-operated same-store sales fell 11.1% and revenue growth slowed from the prior quarter. The preliminary, unaudited results cover the three months ended Sept. 30. Revenue growth had been 28.5% in the second quarter. GAAP net income increased 45.4% to $277 million, while non-GAAP net income rose 50.9% to $319.6 million. Non-GAAP basic and diluted net income was $1.04 per American depositary share (ADS), compared with GAAP net income of $0.88 per ADS.
Source: TokenPost
