Luckin Coffee Reports 50.2% Revenue Growth in Q3 2023
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: Fool
- Significant Revenue Growth: Luckin Coffee reported a 50.2% year-over-year revenue increase in Q3 2023, reaching $2.14 billion, driven by the opening of 2,979 new stores in mainland China and Hong Kong, showcasing its robust market expansion capabilities.
- International Market Strategy: The company is actively expanding into international markets, including Singapore, Malaysia, and the U.S., where it currently has only five stores, yet its strong profitability in China provides a competitive edge to operate at a loss in the U.S. market.
- Attractive Valuation: With a forward P/E ratio of just 15 compared to Starbucks' 37.2, Luckin Coffee's stock presents a compelling investment opportunity for growth-seeking investors looking for value in the market.
- Strategic Acquisition Plans: The management is enhancing competitive positioning through acquisitions, particularly in the food production sector, which will help unlock economies of scale and improve overall profitability.
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Analyst Views on MAMA
Wall Street analysts forecast MAMA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAMA is 18.00 USD with a low forecast of 15.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.170
Low
15.00
Averages
18.00
High
20.00
Current: 15.170
Low
15.00
Averages
18.00
High
20.00
About MAMA
Mama's Creations, Inc. is a marketer and manufacturer of fresh deli prepared foods, found in over 10,000 grocery, mass, club and convenience stores nationally. The Company's product portfolio consists of a variety of easy to prepare foods to address the needs of both its consumers and retailers. Its product line includes all-natural specialty prepared refrigerated foods for sale in retailers around the country. Its primary products include beef and turkey meatballs, meat loaf, chicken, sausage-related products and pasta and rice entrees. Its brands include MamaMancini's, Creative Salads and The Olive Branch. Its products include the Mama Mancini's brand featuring many all-natural meals that contain a minimum number of ingredients, many of which are derived from the original recipes of Anna Mama Mancini. It has over 100 product offerings that are packaged in different sized retail and bulk packages. Its products are sold to supermarkets, club chains, and mass-market retailers.
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.
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Analysis of the Rebound in Fast-Casual Stocks
- Rebound in Fast-Casual Stocks: Fast-casual stocks like Wingstop, Chipotle, Cava, and Sweetgreen suffered value losses ranging from 15% to 78% in 2025, yet have rebounded by double digits in early 2026, indicating a market optimism about their future performance.
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Continue Reading