瑞幸咖啡公布2025年第一季度财务业绩

Luckin Coffee Announces First Quarter 2025 Financial Results First Quarter Same-Store Sales Growth for Self-Operated Stores Notably Improved to 8.1% First Quarter GAAP Operating Margin Expanded Year-over-Year to 8.3% BEIJING, April 29, 2025 (GLOBE NEWSWIRE)— Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced itsunaudited financial results for the three months ended March 31, 2025. FIRST QUARTER 2025 HIGHLIGHTS ·Total net revenueswere RMB8,865.4 million (US$1,220.7 million), representing a 41.2% year-over-year increase. ·Net new store openingswere 1,757, comprising 1,743 stores in China (including 5 stores in Hong Kong), 6 stores in Singapore and 8 stores inMalaysia.Total number of storesincreased to 24,097 at the first quarter end, comprising 15,598 self-operated stores and 8,499 partnership stores, ·Average monthly transacting customerswere 74.3 million, representing a 24.0% year-over-year increase. ·Revenues from self-operated storeswere RMB6,479.5 million (US$892.2 million), representing a 41.5% year-over-year increase. ·Same-store sales growth for self-operated storeswas 8.1%, notably improved from negative 3.4% in the previous quarter, and significantly improvedfrom negative 20.3% in the same quarter of 2024. Store-level operating profit – self-operated storeswas RMB1,106.3 million (US$152.3 million), representing a 244.8% year-over-year increase.Store-level operating margin increased by 10.1 percentage points year-over-year to 17.1%. ·Revenues from partnership storeswere RMB2,080.8 million (US$286.5 million), representing a 38.0% year-over-year increase. ·GAAP operating incomewas RMB737.2 million (US$101.5 million), significantly improved from GAAP operating loss of RMB65.1 million in thesame quarter last year. GAAP operating margin rebounded to 8.3% from negative 1.0% in the same quarter last year.Non-GAAP operating income,which adjusts for share-based compensation expenses, was RMB864.3 million (US$119.0 million), notably increased from RMB5.0 million in the same Dr. Jinyi Guo, co-founder and Chief Executive Officer of Luckin Coffee, said, “We delivered strong first quarter results, marked by 41% year-over-yearrevenue growth and healthy margin improvement as we scaled to over 24,000 stores. Notably, our self-operated stores returned to positive same-store salesgrowth at 8.1%, reflecting rising customer demand as well as the effectiveness of our development strategy. Capitalizing on China’s booming coffee market,we will strategically focus on gaining market share by continuing to offer high-quality products at competitive prices. Backed by our customer-first core BOARD LEADERSHIP TRANSITION Dr. Jinyi Guo will cease to be Chairman of the Board of Directors (the “Board”) effective today and will continue serving as Chief Executive Officer and aBoard member. Concurrently, the Board has approved the appointment of Mr. Hui Li to return as a director of the Company and assume the role ofChairman. Mr. Hui Li is the Chairman and CEO of Centurium Capital, which is the largest shareholder of the Company. The appointment of Mr. Hui Li as BoardChairman reflects the Company’s sustained focus on long-term value creation for all stakeholders and will further enhance strategic alignment and Dr. Jinyi Guo stated: “I am very pleased to welcome Mr. Hui Li to rejoin the Board and assume the role of Board Chairman. His experiences in businessmanagement will significantly contribute to our growth and strategic development both domestically and globally. I will continue to focus on my Chief Mr. Hui Li said: “I am honored to rejoin the Board and take on the role of Chairman at this important time for Luckin Coffee. I want to express my gratitudeto Dr. Guo for his exceptional contribution as Chairman and reaffirm our commitment to executing our current strategic initiatives. I look forward to working Mr. Li is the Chairman and CEO of Centurium Capital. Mr. Li had previously served as a director of the Company until July 2020. In addition, Mr. Li is alsoChairman of the board of directors of Taibang Biological Ltd. Previously, Mr. Li was an executive director and a managing director at Warburg Pincus AsiaLLC. Prior to joining Warburg Pincus, Mr. Li worked in the investment banking division of Goldman Sachs and Morgan Stanley. Mr. Li obtained a FIRST QUARTER 2025 FINANCIAL RESULTS Total net revenueswere RMB8,865.4 million (US$1,220.7 million), representing an increase of 41.2% from RMB6,278.1 million in the same quarter of2024. Net revenue growth was primarily driven by a 42.0% year-over-year increase in GMV, which reached RMB10.4 billion, as a result of an increase in the Revenues from product saleswere RMB6,784.6 million (US$934.2 million), representing an increase of 42.2% from RMB4,770.2 million in the samequarter of 2024. Net revenues from freshly brewed drinks increased to RMB6,162.7 million (US$848.5 million) from RMB4,351.8 million in the same quarter of2024. This r