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Luckin Coffee Surpasses RMB20 Billion in Non-Coffee Beverage Sales, Expands Global Store Network Beyond 35,000

(Very Positive)
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Luckin Coffee (OTC: LKNCY) reported that as of May 31, 2026, cumulative non-coffee beverage sales exceeded RMB 20 billion, with 22 products each surpassing 100 million cups sold. The company’s global store network has grown beyond 35,000 locations.

Key drinks include Coconut Latte (over 2.1 billion cups), Orange Americano (over 500 million), Light Jasmine Milk Tea (over 400 million), Little Butter Latte (nearly 300 million) and Active Apple Kale Tea (over 100 million cups.

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Positive

  • Non-coffee beverage sales exceed RMB 20 billion as of May 31, 2026
  • 22 non-coffee products each surpass 100 million cups sold
  • Coconut Latte cumulative sales above 2.1 billion cups
  • Global store network expands beyond 35,000 locations
  • Multiple flagship beverages each exceed 100 million cups in sales

Negative

  • None.

News Market Reaction – LKNCY

-4.70%
-4.70% Session close to close

In the Jun 8 session, LKNCY declined 4.70%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Luckin’s diversification beyond coffee, with non-coffee beverage sales ...
Analysis

This announcement highlights Luckin’s diversification beyond coffee, with non-coffee beverage sales exceeding RMB 20 billion, 22 products above 100 million cups each, and a global network of more than 35,000 stores. These milestones build on earlier reports of rapid store growth and new roasting capacity. Investors may watch how this broader portfolio affects margins, store productivity, and future earnings updates relative to the Q1 2026 growth trajectory.

Key Figures

Non-coffee beverage sales: RMB 20 billion Star products: 22 products Global store count: 35,000+ stores +5 more
8 metrics
Non-coffee beverage sales RMB 20 billion Cumulative as of May 31, 2026
Star products 22 products Each surpassed 100 million cups sold
Global store count 35,000+ stores Global network at time of announcement
Coconut Latte sales 2.1 billion cups Cumulative sales
Orange Americano sales 500 million cups Cumulative sales
Light Jasmine Milk Tea sales 400 million cups Cumulative sales
Little Butter Latte sales nearly 300 million cups Cumulative sales
Active Apple Kale Tea sales over 100 million cups Cumulative sales

Historical Context

5 past events · Latest: May 20 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 20 Board changes Neutral +1.6% Director transition and confirmation of board and committee compositions.
Apr 29 Earnings and buyback Positive +15.9% Strong Q1 2026 growth and authorization of a US$300M repurchase program.
Apr 22 Earnings date set Neutral -0.6% Announcement of timing and call details for Q1 2026 results.
Apr 22 Roasting center launch Positive -0.6% Opening of Qingdao smart roasting center after RMB 3B investment.
Mar 27 Annual report filing Negative -2.5% 20-F with China regulatory risks and legacy fabricated transaction disclosures.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news, especially earnings and capital markets filings, has mostly seen price moves align with the apparent news tone, with only one notable divergence on a major capex announcement.

Recent Company History

Over the last few months, Luckin has focused on governance, growth, and infrastructure. A 20-F on Mar 27, 2026 detailed a 31,048-store network and China-related risks. Subsequent 6-Ks highlighted Q1 2026 revenue growth of 35.3% and a smart roasting center launch, while the Apr 29, 2026 earnings and buyback news drove a 15.9% gain. Board changes on May 20, 2026 had a modest positive reaction. Today’s milestone on non-coffee sales and >35,000 stores builds on this expansion narrative.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Showcasing the Strength of Its Diversified Beverage Portfolio

BEIJING, June 8, 2026 /PRNewswire/ -- Today, Luckin Coffee ("Luckin" or "the Company", OTC: LKNCY) released key performance milestones for its non-coffee beverage business for the first time. As of May 31, 2026, cumulative sales of Luckin's non-coffee beverages had exceeded RMB 20 billion, with 22 star products each surpassing 100 million cups sold. Meanwhile, the Company's global store count has now exceeded 35,000. These achievements demonstrate Luckin's ability to scale successfully across multiple beverage categories beyond coffee, reinforcing its position as a leading player in China's broader beverage market.

Central to this expansion has been Luckin's ability to consistently innovate and create products that resonate with consumers. Its first-of-its-kind Coconut Latte has recorded cumulative sales of over 2.1 billion cups, while its Orange Americano surpassed 500 million cups. Additionally, its Light Jasmine Milk Tea saw sales of more than 400 million cups, while its Little Butter Latte sold nearly 300 million cups, and its Active Apple Kale Tea sold over 100 million cups.

To support rapid product innovation across multiple beverage categories, over recent years Luckin has built an integrated supply chain and operational infrastructure designed for growth at scale. The Company has expanded its global sourcing footprint spanning key origins in Brazil, Ethiopia and Indonesia, as well as in China's Yunnan and Guangxi provinces, securing premium ingredients ranging from coffee beans, coconuts, jasmine flowers and navel oranges. Beyond sourcing, Luckin has continued to strengthen its manufacturing capabilities through investment in self-operated facilities, including the Green Coffee Bean Processing Plant in Baoshan, Yunnan province, and Roasting Centers in Qingdao, Kunshan, Pingnan and Xiamen. Together, these assets create an integrated value chain covering ingredient sourcing, processing, product development and digital distribution, providing a reliable foundation for Luckin's expanding beverage portfolio. Supported by a global network of more than 35,000 stores and an increasingly diversified beverage portfolio, Luckin now serves consumers across a broad range of occasions throughout the day, from work breaks and afternoon tea to leisure and social gatherings.

As coffee and tea brands increasingly expand beyond their traditional categories, China's freshly made beverage industry is entering a new phase of competition defined by scale, innovation and operational capabilities. Through its multi-category portfolio, integrated supply chain capabilities and broad consumer occasion coverage, Luckin has pioneered a new growth model for the industry. As one of the first brands to successfully scale this approach, Luckin is setting a new benchmark for diversified growth while providing a practical blueprint for the industry's long-term, sustainable development.

Cision View original content:https://www.prnewswire.com/news-releases/luckin-coffee-surpasses-rmb20-billion-in-non-coffee-beverage-sales-expands-global-store-network-beyond-35-000--302793904.html

SOURCE Luckin Coffee

FAQ

What sales milestone did Luckin Coffee (OTC: LKNCY) announce for non-coffee beverages in 2026?

Luckin Coffee reported cumulative non-coffee beverage sales exceeding RMB 20 billion as of May 31, 2026. According to Luckin Coffee, this total reflects strong demand across 22 star products, each selling over 100 million cups, highlighting expansion beyond its core coffee offerings.

How many stores does Luckin Coffee (LKNCY) operate globally after its June 8, 2026 update?

Luckin Coffee stated that its global store network has surpassed 35,000 locations. According to Luckin Coffee, this footprint supports its diversified beverage portfolio and allows the brand to serve consumers across various daily occasions, from work breaks to leisure and social gatherings.

Which non-coffee drinks lead Luckin Coffee’s (LKNCY) sales as of May 31, 2026?

Coconut Latte leads with over 2.1 billion cups sold, followed by several high-volume drinks. According to Luckin Coffee, Orange Americano exceeded 500 million cups, Light Jasmine Milk Tea topped 400 million, Little Butter Latte neared 300 million and Active Apple Kale Tea passed 100 million.

How many star non-coffee products has Luckin Coffee (LKNCY) sold over 100 million cups?

Luckin Coffee reports 22 star non-coffee beverages have each sold more than 100 million cups. According to Luckin Coffee, this breadth of high-volume items showcases the strength of its diversified beverage portfolio across categories beyond traditional coffee drinks in China.

How is Luckin Coffee (LKNCY) supporting growth in its diversified beverage portfolio?

Luckin Coffee is building an integrated supply chain and operational infrastructure to support large-scale beverage growth. According to Luckin Coffee, this includes global sourcing from Brazil, Ethiopia, Indonesia and Chinese provinces, plus self-operated processing plants and roasting centers across several Chinese cities.

What does Luckin Coffee’s (LKNCY) non-coffee growth mean for China’s beverage market?

Luckin Coffee describes its multi-category portfolio as a new growth model for China’s freshly made beverages. According to Luckin Coffee, combining scale, innovation and integrated operations helps it compete across coffee and tea-style drinks while offering a blueprint for longer-term industry development.