Luckin Coffee Q2 Revenue Rises 28.5% as Stores Pass 36,000
Luckin Coffee reported Q2 2026 net revenue of RMB15.89 billion, up 28.5% year over year, with gross merchandise value rising 29.8% to RMB18.4 billion. Same-store sales fell 5.3% and operating and net margins narrowed modestly. The company reached 36,000+ stores, driving record 112.7 million monthly transacting customers. It also repurchased US$195.1 million of shares.