Fourth Quarter Net Revenues Increased by 32.9% Year-over-Year to RMB12.8 Billion Fourth Quarter Average Monthly Transacting Customers Increased by 26.5% Year-over-Year to 98.4 Million 8,708 Net New Store Openings in 2025; Ending the Year with 31,048 Stores BEIJING, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Luckin Coffee Inc. (“Luckin Coffee” or the “Company”) (OTC: LKNCY) today announced its unaudited financial results for the three months and fiscal year ended December 31, 2025. FOURTH QUARTER 2025 HIGHLIGHTS1 Tot ...

 The adoption of its new ticker symbol marks the final stage of a remarkable transformation — from industrial commodities company to premium Cuban-style coffee brand. Los Angeles, CA – TheNewswire – February 24, 2026 — Havana Roasters Coffee Companies Inc. ("HRC" or the "Company") (OTC: THRC) (formerly NAFSD) announces that the Company began trading on the OTC Market under its new ticker symbol "THRC" as of market opening on February 24, 2026. The ticker symbol change marks the completion of the Company's ...

Financial Data and Key Metrics Changes - Adjusted EBITDA for the quarter was approximately $484,000, a significant decrease from $5.9 million in the prior year period [8] - Net sales decreased by 1% to $88.9 million compared to $90 million during the prior year period [8] - Gross margin was reported at 36.3%, reflecting a decline of 680 basis points compared to the prior year [8] Business Line Data and Key Metrics Changes - Total coffee pounds sold decreased by just under 3% year-over-year [5] - Operating costs for the quarter decreased by $1.4 million to $36.4 million, representing 40.9% of net sales, compared to 42% in the prior year period [9] Market Data and Key Metrics Changes - U.S. consumer confidence fell to its lowest level since May 2014, impacting consumer behavior [5] - National sentiment regarding purchasing power was reported to be more than 20% lower than a year ago [5] Company Strategy and Development Direction - The company aims to drive top-line revenue growth and address customer and coffee pound degradation by leveraging its DSD network and expanding its white label customer portfolio [6] - The company is optimistic about recent reductions in tariff rates and declines in Arabica and Robusta commodity markets, expecting improvements in gross margins starting in the fourth quarter of fiscal 2026 [6] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging operating environment due to higher costs and macroeconomic pressures but expressed confidence in their strategic direction [4] - The company anticipates some relief in gross margins beginning in the fourth quarter of fiscal 2026, with further benefits expected in fiscal 2027 [6] Other Important Information - The company recorded a net loss of $4.9 million in the second quarter, compared to a net income of $200,000 in the same period of fiscal 2025 [9] - As of December 31, 2025, the company had $4.2 million in unrestricted cash and cash equivalents, along with $24.6 million available under its revolving credit facility [10] Q&A Session Summary - No specific questions or answers were provided in the transcript, indicating that the call concluded without a Q&A segment [11]

Core Insights - VCI Global Limited's subsidiary Reveillon Group has entered a strategic partnership with NOWWA Global HK Limited to develop the Malaysian market, establishing a platform for broader expansion in Southeast Asia [1][2] - NOWWA Coffee, founded in 2019, has rapidly grown to over 10,000 stores in more than 300 cities globally, leveraging a digital-first operational model and a health-focused brand positioning [1][2] Industry Overview - Malaysia is increasingly viewed as a strategic gateway to the Southeast Asian market due to its thriving coffee culture, digitally connected consumer base, and role as a regional business hub [2] - The domestic coffee market in Malaysia is estimated to be around $1.1 billion, with a projected compound annual growth rate (CAGR) of approximately 6.1% through 2030 [2] Strategic Plans - Reveillon Group aims to expand NOWWA Coffee's presence in Malaysia to 200 stores within three years, utilizing a combination of flagship stores, convenience stores, and digitally optimized locations [2] - The collaboration combines NOWWA Coffee's global brand ecosystem with Reveillon Group's local market execution capabilities, supported by VCI Global's AI-driven platform for data-driven business expansion [2][3] Leadership Insights - VCI Global's CEO Victor Hoo emphasized the importance of combining strong lifestyle positioning with AI-driven operational intelligence to support robust growth in Malaysia and potential expansion across Southeast Asia [3] - Reveillon Group's Executive Director Alvin Wong highlighted Malaysia's strong growth environment driven by urbanization, digital adoption, and evolving consumer trends, focusing on gradually building market influence [3] Company Overview - VCI Global Limited operates as an AI-native platform aimed at facilitating scalable growth and operational optimization through centralized intelligence, data, and capital management [4] - The company employs a platform-based operational model, allowing subsidiaries and portfolio companies to access VCI Global's centralized AI, data, governance, and capital allocation systems [4]

Economic Growth - Guiyang's Yunyan District achieved a GDP of 1126.69 billion, marking a 5.2% growth, and ranked 29th among the "Top 100 High-Quality Development Districts in Western China" [8][9] - The district's economic strategy focuses on "integration of industry and city," leading to significant economic density in a limited area [8][21] Industry Development - The digital economy is rapidly developing in Yunyan, with a data labeling industry cluster forming, including 23 leading enterprises and 4100 planned workstations [9][10] - The district has introduced 30 new industrial projects, with an expected industrial investment of 8.31 billion and an industrial added value of 30.76 billion [10][11] Modern Service Sector - The service sector has seen the addition of 24 new enterprises, contributing 12.8% to GDP growth, highlighting the increasing importance of modern services in the regional economy [11] Tourism and Consumption - There was a 9.5% increase in overnight tourists, with total tourism revenue reaching 524.39 billion, driven by the integration of culture and tourism [12][13] - The transformation of Taiping Road into a provincial-level tourism and leisure street has led to the emergence of nearly 200 specialty shops, enhancing the city's appeal [12][13] Business Environment - The introduction of the "Coffee One-Stop" service has significantly reduced the time for business approvals from ten days to two, improving the overall business environment [16][17] - The district attracted 121 new industrial projects with a total investment of 136.91 billion, showcasing effective招商引资 strategies [16][17] Urban Renewal and Social Welfare - The ongoing urban renewal projects, including the transformation of the Xiaoguan area, aim to provide quality housing for 2425 residents, with a focus on enhancing living conditions [18][19] - The district has implemented 18 urban renewal projects, covering over 2.6 million square meters, reflecting a commitment to improving urban infrastructure and living standards [18][19]

Core Insights - VCI Global Limited's subsidiary Reveillon Champ has partnered with NOWWA Global HK Limited to expand the NOWWA Coffee brand in Malaysia, aiming for broader growth in Southeast Asia [1][4][8] Company Overview - NOWWA Coffee, founded in Shanghai in 2019, has grown into a global coffee chain with over 10,000 stores in more than 300 cities, recognized for its digital-first model and health-focused offerings [2] - VCI Global Limited operates as an AI-native platform that optimizes business growth through centralized intelligence and capital discipline, supporting various sectors including consumer goods [9][10] Market Potential - Malaysia's coffee market is valued at approximately US$1.1 billion, with a projected compound annual growth rate (CAGR) of about 6.1% through 2030, making it a strategic entry point for NOWWA Coffee [3] - The country's café culture and digitally connected consumer base provide a mature yet growing environment for market expansion [3][7] Strategic Cooperation - The partnership aims to establish 200 NOWWA Coffee stores in Malaysia within three years, utilizing various store formats and digital optimization [4][5] - The collaboration combines NOWWA's global brand strength with Reveillon's local market expertise, leveraging VCI Global's AI platform for data-driven decision-making [5][6] Future Outlook - The initiative aligns with VCI Global's strategy to support scalable consumer platforms through technology integration and strategic partnerships, with potential for further regional expansion [8]

Core Insights - VCI Global Limited's subsidiary Reveillon Champ has formed a strategic cooperation with NOWWA Coffee to expand in the Malaysian market, with potential for broader Southeast Asian growth [1][8] Company Overview - VCI Global Limited operates as an AI-native platform designed to optimize businesses through centralized intelligence and capital discipline, enabling scalable growth across various industries [9][10] - NOWWA Coffee, founded in Shanghai in 2019, has grown into a global coffee chain with over 10,000 stores in more than 300 cities, recognized for its digital-first model and engagement with younger consumers [2] Market Analysis - Malaysia is seen as a strategic entry point into Southeast Asia, with a domestic coffee market valued at approximately US$1.1 billion and projected to grow at a compound annual growth rate (CAGR) of about 6.1% through 2030 [3] - The country offers a mature consumer base and strong growth momentum compared to neighboring ASEAN markets, making it an ideal launchpad for regional expansion [3] Strategic Cooperation Details - The partnership aims to scale NOWWA Coffee to 200 stores in Malaysia within three years, utilizing various store formats including flagship outlets and digitally optimized locations [4] - The cooperation combines NOWWA Coffee's global brand with Reveillon Group's local execution capabilities, supported by VCI Global's AI-enabled platform for data-driven expansion [5][6] Future Outlook - The initiative aligns with VCI Global's strategy to support scalable consumer-facing platforms through technology integration and strategic cooperation [8] - The focus is on establishing a market presence in Malaysia while creating options for future regional expansion [7]

Company Movements - Hims & Hers Health (HIMS) is experiencing a 15% decline in premarket trading after announcing it will stop offering a compounded version of Novo Nordisk's Wegovy pill due to pressure from Novo and FDA scrutiny [3][4] - Novo Nordisk shares rose by 7% in premarket trading following HIMS's announcement [4] - Samsung Electronics (SSNLF) shares increased by 6.4% after reports of imminent mass production of HBM4 memory chips, which are essential for AI infrastructure [4][5] Industry Developments - Luckin Coffee (LKNCY) is targeting Starbucks (SBUX) premium market with the opening of its first flagship store in Shenzhen, marking a shift from its budget store model [5][6] - The new flagship store features higher-priced offerings compared to Luckin's typical $1-$2 drinks, and it is the first to use high-end semi-automatic coffee machines [7]

Group 1: Hims & Hers Health (HIMS) - Hims & Hers Health announced it will stop offering a compounded version of Novo Nordisk's Wegovy pill due to pressure from Novo and increased FDA scrutiny [3][4] - Following this announcement, HIMS shares fell by 15% in premarket trading [2] Group 2: Samsung Electronics (SSNLF) - Samsung Electronics' shares rose by 6.4% after reports of imminent mass production of HBM4 memory chips, which are essential for AI infrastructure [4] - The company plans to ship these semiconductors to Nvidia as early as the third week of February [5] Group 3: Luckin Coffee (LKNCY) - Luckin Coffee inaugurated its 30,000th store, marking a shift towards targeting Starbucks' premium market with its first flagship store in Shenzhen [5][6] - The flagship store features higher-priced offerings compared to typical Luckin products, with a focus on pour-over and cold brew coffee drinks [7] - This store also represents Luckin's first use of high-end semi-automatic coffee machines [7]

Core Insights - HOTELEX Shanghai 2026 introduces the Green Coffee Bean Zone, a dedicated area within the Coffee and Tea Expo aimed at enhancing connections within the global coffee supply chain through trade and professional exchange [1] Industry Overview - The global coffee market is valued at over USD 200 billion, with approximately USD 150 billion attributed to green coffee beans and USD 50 billion to finished beverages [2] - China's coffee market is projected to reach RMB 313 billion in 2024, reflecting an 18% year-on-year growth and a 17.1% CAGR, significantly outpacing the global average [2] Event Details - The Coffee and Tea Expo 2026 will cover over 150,000 sqm, representing 37.5% of the total exhibition area, showcasing the entire coffee value chain from cultivation to retail [3] - The Green Coffee Bean Zone aims to facilitate commercial trading and professional exchanges, providing exhibitors access to over 280,000 professional visitors, including roasters and café owners [4] Exhibitor Benefits - Exhibitors will benefit from extensive brand exposure through HOTELEX's official channels and media partners, reaching a broader international audience [5]