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     TechNode

     Luckin Coffee records first quarterly loss in two years, negative operating margin

     5 days ago

   • 

     The Spokesman-Review

     Starbucks’ Howard Schultz tells company not to make excuses after big miss

     4 days ago

   • 

     TipRanks on MSN.com

     Howard Schultz Urges Starbucks (NASDAQ:SBUX) to Get Its Act Right

     5 days ago

   • International Business Times

     Starbucks Lattes Are Turning To An Unaffordable Luxury — What It Means For Its Shares

     Last week, the Seattle-based coffee shop chain reported second-quarter earnings and revenues that badly missed analysts' estimates. It most notably reported a 2% revenue decline, the first since 2020,

     4 days ago

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2. People also ask

   Does Luckin Coffee (lkncy) have a weak performance in China?

   • This weak performance comes just as domestic Chinese names such as Luckin Coffee ( OTC:LKNCY) clock rapid gains. Luckin opened over 2,300 net new stores in China in Q1, taking its total store count in the country to over 18,500.

   Howard Schultz Urges Starbucks (NASDAQ:SBUX) to Get Its Act Right

   www.msn.com/en-us/money/companies/howard-schultz-urges-starbucks-nasdaq-sbux-to-get-its-act-right/ar-BB1lUEtX

   See all results for this question

   Does Luckin' Coffee beat Starbucks in store count?

   • In China, for instance, Luckin' Coffee beats Starbucks in store count, while in South Europe, Mikel Coffee company has Starbucks on retreat. There's also market saturation in Starbucks's home market, the U.S., as the company needs more affluent neighborhoods to open new stores. Traders and investors have noticed.

   Starbucks Lattes Are Turning To An Unaffordable Luxury — What It Mea…

   www.ibtimes.com/starbucks-lattes-are-turning-unaffordable-luxury-what-it-means-its-shares-3731417

   See all results for this question

   Did Starbucks Miss analyst estimates in Q2?

   • Last week, the Seattle-based coffee shop chain reported second-quarter earnings and revenues that badly missed analysts' estimates. It most notably reported a 2% revenue decline, the first since 2020, and lowered its guidance for the next quarter.

   Starbucks Lattes Are Turning To An Unaffordable Luxury — What It Mea…

   www.ibtimes.com/starbucks-lattes-are-turning-unaffordable-luxury-what-it-means-its-shares-3731417

   See all results for this question

   Why did Starbucks slash its full-year outlook?

   • Last week, Starbucks posted one of its largest sales misses in years and slashed its full-year outlook owing to sales and margin headwinds. Schultz, who virtually built Starbucks from the ground up, has urged the company to own its shortcomings without any excuse and fix its operations.

   Howard Schultz Urges Starbucks (NASDAQ:SBUX) to Get Its Act Right

   www.msn.com/en-us/money/companies/howard-schultz-urges-starbucks-nasdaq-sbux-to-get-its-act-right/ar-BB1lUEtX

   See all results for this question

3. www.marketbeat.com › stocks › OTCMKTSLuckin Coffee (LKNCY) Stock Price, News & Analysis - MarketBeat

   www.marketbeat.com › stocks › OTCMKTS

   • Cached

   5 days ago · Luckin Coffee Inc. (OTCMKTS:LKNCY) announced its earnings results on Tuesday, April, 30th. The company reported ($0.01) earnings per share for the quarter. The business earned $869.51 million during the quarter. Luckin Coffee had a trailing twelve-month return on equity of 32.90% and a net margin of 8.18%.

   • Phone: 865.9B
   • Employees: 75K

   • Email: ir@luckincoffee.com

4. technode.com › 2024/05/06 › luckin-coffee-recordsLuckin Coffee records first quarterly loss in two years ...

   technode.com › 2024/05/06 › luckin-coffee-records

   5 days ago · Luckin Coffee reported a negative operating margin of 1% in the first quarter this year as the escalation of a price war in China's coffee industry Subscribe to the TechNode Briefing Newsletter Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox.

5. techcrunch.com › podcast › ridesharing-ipos-and-850mRidesharing IPOs and $850M for Luckin, Plaid and Zymergen

   techcrunch.com › podcast › ridesharing-ipos-and-850m

   • Cached

   4 days ago · First up was the Luckin Coffee $200 million round. The rise of Luckin in China has been simply astounding. ... News that Jack Dorsey is out at Bluesky caused a stir this weekend. After all, Dorsey ...

6. www.bloomberg.com › opinion › articlesCoffee Prices: Demand in China May Underpin High Cost - Bloomberg

   www.bloomberg.com › opinion › articles

   • Cached

   4 days ago · The cost of robusta coffee, the bean variety used in instant coffee and some espresso blends, has surged 60% over the past year, reaching recently its highest in nearly half a century.

7. Videos

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     4:54

     youtube.com

     How Chinese startup Luckin Coffee is competing with Starbucks

     May 17, 2019

     177.4K Views

   • 

     8:50

     youtube.com

     Luckin Coffee Fraud Explained

     Jul 8, 2021

     1.2M Views

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     2:08

     youtube.com

     China's Luckin Coffee Ousts CEO, COO After Accounting Lapses

     May 12, 2020

     9.6K Views

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8. www.marketbeat.com › stocks › OTCMKTSLKNCY News Today | Why did Luckin Coffee stock go down today?

   www.marketbeat.com › stocks › OTCMKTS

   • Cached

   4 days ago · Luckin Coffee Non-GAAP EPS of $0.01, revenue of $869.5M msn.com - April 30 at 10:55 AM: Luckin Coffee Inc. Announces First Quarter 2024 Financial Results globenewswire.com - April 30 at 7:00 AM: Luckin Coffee to Announce First Quarter 2024 Financial Results on April 30, 2024 finance.yahoo.com - April 23 at 8:19 PM: Compare with LUCKIN COFFEE INC.

   • Location: 345 N Reid Place, Suite 620, Sioux Falls, 57103, SD
   • Email: contact@marketbeat.com

   • Phone: (844) 978-6257

9. www.worldcoffeeportal.com › Latest › NewsReborn Coffee signs master franchise agreement for China ...

   www.worldcoffeeportal.com › Latest › News

   • Cached

   3 days ago · Breaking coffee news and analysis. ... Luckin Coffee surpasses 18,500 stores in China but posts first quarterly loss in two years. 1 May 2024.

10. markets.ft.com › data › equitiesLuckin Coffee Inc, LKNCY:PKC summary - FT.com - Financial Times

    markets.ft.com › data › equities

    • Cached

    5 days ago · On Monday, Luckin Coffee Inc (LKNCY:PKC) closed at 21.50, 20.99% above the 52 week low of 17.77 set on May 31, 2023. Data delayed at least 15 minutes, as of May 06 2024 21:00 BST. All markets data located on FT.com is subject to the FT Terms & Conditions.