bullish

Luckin Coffee

Luckin Coffee (LKNCY US): Feeling Lucky in a Challenging Market

455 Views26 Feb 2024 08:00
​Luckin Coffee's non-GAAP profit surged 203.3% in FY23. With plans to raise store count by 23% and improve store efficiency, profitability should grow in FY24. Its net cash position is another edge.
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Osbert Tang, CFA
HK/China Equity Long-Short
Hong Kong & ChinaIndustrials & UtilitiesEquity Bottom-UpThematic (Sector/Industry)
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  • Luckin Coffee (LKNCY US): Feeling Lucky in a Challenging Market
    26 Feb 2024
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