OTCPK:LKNC.YHospitality
Luckin Coffee (LKNC.Y) Is Up 13.6% After Q1 Results, Buyback And New Roasting Hub - Has The Bull Case Changed?
In late April 2026, Luckin Coffee reported first‑quarter revenue of CNY 11,995.48 million and net income of CNY 506.14 million, while also unveiling a US$300 million Class A share repurchase program funded from existing cash.
A key development was the launch of its advanced smart roasting center in Qingdao, which lifts roasting capacity across four sites above 155,000 tons and deepens Luckin’s vertically integrated, eco-focused coffee supply chain in China.
We’ll now examine how Luckin’s new...