Luckin Coffee Surpasses RMB20 Billion in Non-Coffee Beverage Sales, Expands Global Store Network Beyond 35,000
Rhea-AI Summary
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.
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
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.
Key Figures
Historical Context
| 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.
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.
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.
Showcasing the Strength of Its Diversified Beverage Portfolio
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
As coffee and tea brands increasingly expand beyond their traditional categories,
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SOURCE Luckin Coffee