Luckin Coffee Announces Q3 Adjusted EPS of RMB 4.40, Matching Last Year's Figures

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Nov 17 2025

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Revenue Growth: Total net revenues reached RMB15,287.1M, marking a 50.2% year-over-year increase, driven by a significant expansion in store openings and customer transactions.
Store Expansion: The company opened 3,008 new stores, increasing the total to 29,214, with a notable growth of 11.5% in store count from the previous quarter.
Customer Engagement: Average monthly transacting customers hit a record 112.3 million, reflecting a 40.6% year-over-year increase, alongside a 14.4% growth in same-store sales for self-operated locations.
Strategic Focus: CEO Jinyi Guo emphasized the importance of product innovation and brand equity, highlighting the company's commitment to quality, affordability, and convenience as key drivers for sustainable growth.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.