In the three months ended in December, Luckin Coffee’s profit margin dropped 10.3% compared to the previous quarter due to low-price competition with rival Cotti Coffee having no sign of abating. The Chinese chain recorded a 3.9% profit margin, also a 7.6% decrease from a year earlier…
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Luckin Coffee sees profit margin drop 10% in Q4 despite revenue surpassing Starbucks by $260 million
作者gocpmall
3 月 7, 2024