Ladies and gentlemen, Welcome to Luckin Coffee's fourth quarter and full year 2024 earning conference call. All participants will be in listen-only mode during the management's prepared remarks, and ...
Chinese milk tea and ice cream chain Mixue has surpassed McDonald's to become the world's largest food and beverage chain by ...
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Irish Star on MSNStarbucks set to expand in China and Middle East after boycotts affect revenueAfter Starbucks CEO called the boycotts 'unfortunate' he revealed the chain has plans to expand to the Middle East and China ...
Chinese coffee shop chain Luckin Coffee has published its unaudited fourth quarter and fiscal year 2024 financial results.
Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan, has announced ...
Luckin Coffee (LKNCY) is surging 10% after the company reported that its revenue had jumped 32.7% last quarter versus the same period a year earlier. Luckin owns, operates and franchises coffee stores ...
CEO Jinyi Guo highlighted that 2024 was a pivotal year, with total net revenues increasing by 38% year-over-year to RMB34.5 billion and operating profit rising by 17% to RMB3.5 billion. He emphasized ...
GAAP Operating Margin Expanded Year-over-Year to 10.4%Fourth Quarter Same-Store Sales Growth for Self-Operated Stores Notably ...
Reports Q4 revenue RMB 9.6B vs. RMB 7.06B last year. Net new store openings were 997, comprising 991 stores in China (including 5 stores in ...
Luckin Coffee, China's largest coffee chain that became highly popular after it priced a cup at just 9.9 yuan ($1.36), has ...
Messaging apps also had a notable increase in sessions by 31% on Valentine's Day. Despite a 13% year-over-year drop in dating ...
McDonald's, with its current 41,822 locations, has big expansion plans. The fast food giant announced it will add 2,200 new ...
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