Luckin Coffee Powers Through Q2 2025 with Strong Growth in Sales and Store Expansion
Dubai, July 30, 2025 –( Qahwa World) – Luckin Coffee, the leading coffee chain in China, reported significant gains in the second quarter of 2025, driven by its expansive store network, supply chain investments, and growing customer base.
During the quarter ending June 30, 2025, Luckin achieved a 47% year-on-year increase in revenue, reaching RMB 12.3 billion (approximately $1.7 billion). Both its directly managed and franchised locations contributed to this growth, with sales rising by 46% and 55%, respectively.
Net profit also saw a healthy rise, increasing 44% year-on-year to RMB 1.2 billion ($174.4 million). Operating income under GAAP standards surged by 62% to RMB 1.7 billion ($237 million), while store-level operating profit grew by 42% to RMB 1.9 billion ($268 million).
While overall operating expenses rose by 45% to RMB 10.6 billion ($1.5 billion), the company managed to improve efficiency, reducing operating costs as a share of total revenue by nearly one percentage point compared to Q2 2024. Luckin credited its performance to a growing base of transacting users, which averaged a record 91.7 million per month during the period.
“Our strategy focused on scaling has driven robust growth and improved margins,” said CEO Dr. Jinyi Guo. “Our operational strengths — from fulfillment and efficiency to supply chain execution — enabled us to deliver double-digit same-store sales growth in our directly operated stores.”
The company’s rapid growth was supported by its infrastructure expansion. In April 2024, Luckin launched a 570,000-square-foot roasting facility in Suzhou City. By September, it began construction on a RMB 3 billion ($21.2 million) roasting and logistics center in Qingdao, which will play a central role in handling Brazilian coffee imports.
Luckin has deepened its supply relationships as well. In 2024, the company signed two major agreements with ApexBrasil — the Brazilian Trade and Investment Promotion Agency — to secure 240,000 tons of Brazilian green coffee over five years, valued at $1.38 billion.
In terms of footprint, Luckin added 2,085 net new outlets across China in the second quarter, bringing its domestic total to 26,117. It also expanded internationally, opening 24 stores abroad — including its first two locations in the U.S. in New York. As of the end of the quarter, the company operated 26,206 stores worldwide, 76% of which are company-operated. Outside China, its presence includes 63 outlets in Singapore and 24 in Malaysia.
With an aggressive approach to scaling, an efficient supply chain, and a keen focus on affordability and convenience, Luckin Coffee continues to reinforce its position as one of the fastest-growing coffee brands globally.
