Luckin Coffee Announces Third Quarter 2026 Financial Results

What happened

Luckin Coffee reported third-quarter 2026 revenue of RMB17.9 billion, up 17% from a year earlier, and operating income of RMB2.8 billion, up 55.1%. Its store network reached 38,909, and average monthly transacting customers hit a record 123 million. Same-store sales fell 11.1%.

Global impact / market context

More stores and customers coincided with higher revenue and operating income. But sales at existing stores fell, so the reported growth does not show that those stores were selling more. Investors may weigh expansion against this weaker measure.

What to watch

1. Check whether Luckin reports another change in same-store sales; the latest figure fell 11.1%.
2. Check the next reported store count; the network reached 38,909 after 2,599 net new stores opened.
3. Check the next average monthly customer figure; it reached a record 123 million. This shows whether customer growth continued.

Affected assets

• Luckin Coffee Inc.

Evidence

• Infoway News — Luckin Coffee: Record customer growth and expanding margins offset weaker same-store sales 2026-11-03T12:06:45+00:00
• Infoway News — Luckin Coffee: Revenue rose 17% and operating income 55.1% as the store network expanded to 38,909 2026-11-03T12:06:45+00:00
• Infoway News — Luckin Coffee Announces Third Quarter 2026 Financial Results 2026-11-03T12:00:00+00:00
• Incident timeline — Luckin Coffee: Record customer growth and expanding margins offset weaker same-store sales
• Incident timeline — Luckin Coffee: Revenue rose 17% and operating income 55.1% as the store network expanded to 38,909
• Incident timeline — Luckin Coffee Announces Third Quarter 2026 Financial Results