StocksMedium•3 November 2026•
1 min read
Luckin Coffee Q3 Revenues Rise 17% as Company Launches $500M Share Buyback
Key Facts
1Luckin Coffee net revenues increased 17.0% year-over-year to RMB17,891.5 million in Q3 2026.
2The company announced a new share repurchase program of up to US$500 million.
3Average monthly transacting customers reached a record 123.0 million.
Luckin Coffee net revenues increased 17.0% year-over-year to RMB17,891.5 million in the third quarter of 2026. The Manila Times reported that the company launched a new share repurchase program of up to US$500 million as average monthly transacting customers reached a record high of 123.0 million.
The stock, trading under the ticker LKNCY, closed at $31.20 on November 2, 2026, ahead of results showing operating income jumped 55.1% to RMB2.8 billion. The company reported cash, cash equivalents, and short-term investments of RMB14,333.4 million as of September 30, 2026, up from RMB8,964.4 million at the end of 2025.