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Express News | Minsheng Securities: Luckin Coffee's fundamentals are solid and substantial, with store OPM data surprisingly positive.
luckin coffee (LKNCY.US) Q3 earnings conference: both revenue and profit reached record highs. Will continue to expand store network and enhance brand building in the future.
In the third quarter of this year, despite facing a still complex market environment, the company's performance continues to grow steadily, achieving a single quarter revenue breakthrough of over one hundred billion for the first time, with both revenue and profit reaching historic highs.
Express News | Luckin's third-quarter revenue is about twice that of Starbucks in China.
Luckin Coffee's Revenue Surges Amidst Global Expansion Plans
Single-quarter revenue exceeds 10 billion, with a total of 21,343 stores. Ruixing's Guo Jinyi: Actively exploring opportunities in the USA market| Directly at the earnings conference
①Regarding recent market rumors that Luckin Coffee will enter the USA market as early as next year, Guo Jinyi publicly responded during the earnings conference, stating that they are actively exploring opportunities in the USA and other markets. ②Currently, there is no specific timetable for Luckin's return to the main board and resumption of its main board listing status. ③Guo Jinyi believes that the ceiling of the Chinese coffee industry is still rising and will become the world's largest coffee consumer market.
Express News | Guo Jin publicly responded to the news of "Luckin plans to enter the usa market": the company is actively exploring business in the usa, with no timetable to return to nasdaq.
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