Luckin Coffee: Can"t Make Profit With Coffee, Won"t Do It With Tea

Luckin Coffee Inc - ADR (NASDAQ: LK) shares dropped another 15% on Monday after the company said last week an internal accounting investigation has revealed COO Jian Liu allegedly fabricated fraudulent transactions t.....»»

Shares of Luckin Coffee Inc - ADR (NASDAQ: LK) have skyrocketed 134% in the past three months, pushi.....»»

Net Revenues from Products of RMB1.5 Billion, Exceeding High End of Guidance Range Store Level Operating Profit Margin of 12.5% for the Quarter BEIJING, Nov. 13, 2019 .....»»

Investors were enthusiastic about the fast-growing Chinese coffee chain on its IPO day, though it's far from turning a profit......»»

Starbucks Corp. says customers in the U.S. are back to making their morning coffee runs, albeit a little later in the day. It was an area of sales the Seattle-based coffee chain was “most concerned about” in the recovery after the pandemic c.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Luckin Coffee Inc. (Pink: LKNCY) shares, which are traded over the counter following the financial improprieties that forced a bankruptcy filing, saw some upward bounce Thur read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The shares of beleaguered coffee-chain company Luckin Coffee Inc. (OTC: LKNCY), traded over the counter, saw a sharp spike on Tuesday, closing 49.3% higher at $8.72. read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Teeling Whiskey, an Irish brand, offers an easy way to make Irish coffee at home......»»

Starbucks shares closed down for five straight sessions last week, but edged up 0.8% on Monday, keeping them in range of their record close......»»

China's Luckin Coffee has filed for bankruptcy protection......»»

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Luckin Coffee filed for Chapter 15 bankrupty in New York, the company said in a statement on Friday. All of its coffee chains will remain open, said Luckin,.....»»

The plan is to have a limited menu of breakfast staples, homemade pastries and sausage, and freshly ground coffee, all mostly takeout for now. And one Friday per month, she wants to have a guest chef make and serve a dinner menu......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. securi.....»»

Luckin Coffee has fired its CEO and COO after its fraud scandal......»»