Luckin Coffee

[Luckin Coffee (LKNCY US, BUY, TP US$37) TP Change]:Weak Sales in 1Q24 but Likely to Improve in 2Q24

460 Views13 Mar 2024 11:20
​Luckin Coffee's revenue and net income estimates for 1Q24 are lowered due to weak sales, but 2Q24 is expected to see improvement with sales picking up and competition easing.
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Blue Lotus Research Institute
China growth and global non-US Internet equities
Hong KongInformation Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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