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Outstanding performance! Luckin Coffee's Q1 revenue reached 8.8 billion, an increase of over 40%, and announced a leadership change late at night.
Guo Jinyi stepped down as Director.
U.S. stocks closed: the S&P 500 Index has risen for six consecutive days as investors anticipate Trump to adjust the tariff policy.
① Amazon was forced to terminate the plan to display the impact of tariffs on commodity pages; ② China Concept Stocks fluctuated, and the Nasdaq China Golden Dragon Index fell by 0.3%; ③ Meta released an independent AI application aiming to create a personalized Asia Vets assistant; ④ Starbucks reported a Q2 revenue of 8.8 billion dollars, below market expectations.
Earnings Call Summary | Luckin Coffee(LKNCY.US) Q1 2025 Earnings Conference
Luckin Notes Growing Competition, Coffee Costs -- Market Talk
Luckin Coffee GAAP EPS of $0.03, Revenue of $1.22B Beats by $70M
Earnings Flash (LKNCY) Luckin Coffee Reports Q1 Net Income per Share $0.03, Vs. FactSet Est of $0.02