Earnings Call Summary | Luckin Coffee(LKNCY.US) Q1 2024 Earnings Conference
Earnings Call Summary | Luckin Coffee(LKNCY.US) Q1 2024 Earnings Conference
The following is a summary of the Luckin Coffee Inc. (LKNCY) Q1 2024 Earnings Call Transcript:
以下是勒肯咖啡公司（LKNCY）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Luckin Coffee reported Q1 2024 revenue of RMB6.28 billion, a substantial 41.5% growth year-over-year.
Despite the revenue growth, operating profit margin was down at negative 1.0%, indicating a high level of operating expenses due to business expansion.
Store level operating profit presented better results, standing at RMB320.8 million with a profit margin of 7%.
瑞幸咖啡公布的2024年第一季度收入为人民币62.8亿元，同比大幅增长41.5％。
尽管收入增长，但营业利润率下降了负1.0％，这表明业务扩张导致运营费用居高不下。
门店层面的营业利润表现更好，为人民币3.208亿元，利润率为7％。
Business Progress:
业务进展：
Luckin Coffee continued to expand, opening 2,342 new stores in Q1 2024 to reach a total of 18,590 stores.
Committed to product innovation, the company also launched 22 new products during the quarter.
The company inaugurated two new coffee processing plants, marking significant progress in sustainable supply chain enhancement and cost efficiency.
Future focus will be on store network expansion, product innovation, supply chain enhancement, and cost efficiency.
Luckin Coffee继续扩张，在2024年第一季度开设了2342家新门店，门店总数达到18,590家。
该公司致力于产品创新，在本季度还推出了22种新产品。
该公司开设了两座新的咖啡加工厂，标志着在可持续供应链增强和成本效益方面取得了重大进展。
未来的重点将放在门店网络扩张、产品创新、供应链增强和成本效率上。
More details: Luckin Coffee IR
更多详情： 幸运咖啡 IR
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