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Luckin Coffee logs $2.95b in non-coffee drink sales
Luckin Coffee logs $2.95b in non-coffee drink sales
Its store network has grown to more than 35,000 locations globally.
6 minutes ago
Chagee revenue rises but net income falls sharply in Q1 2026
The chain is succeeding in its overseas expansion, but hometown GMV declined.
Guzman y Gomez announces US market exit
The group said it expects a one-off P&L impact of between $42.02m and $56.02m in its 2026 full-year results.
Americana Restaurants to open 200 fast food in service stations across the Middle East
The restaurant group has partnered with ADNOC Distribution.
Inspire Brands enters IPO pipeline with confidential SEC filing
The company did not disclose the number of shares to be sold or the expected price range.
Yum China system sales edge up 4% in Q1 performance
Revenue rose 10% YoY to $3.3b, helped by favourable currency movements.
Luckin Coffee posts 35.3% revenue growth to $1.736b in Q1
The increase was mainly driven by a 35.8% increase in gross merchandise value (GMV).
Starbucks global sales rise 6.2% in Q2
Revenue rose 9% to $9.5b, or 8% on a constant currency basis.
Dodo Brands posts 22% revenue growth in 2025
The group plans to add over 400 outlets globally in 2026.
Tim Hortons China swings to $32.5m Q4 2025 net loss
Loss per share rose to $1 (RMB 7.01).
Jollibee Group Q4 2025 profit jumps 41.9% YoY
This is the company’s highest Q4 profit on record.
Korea regulator approves Jollibee Group unit’s Shabu All Day takeover
Once completed, the acquisition is expected to increase group revenue by about 2% annually.
Potato Corner parent sees profit fall 20% in FY2025
Sales were impacted by softer consumer spending in the latter half of the year.
Starbucks finalises China JV with Boyu Capital, plans major site growth
Both parties aim to expand the network to as many as 20,000 locations over time.
CHAGEE posts weak Q4 as restructuring and expansion weigh on profits
Net profit for 2025 was 53.5% lower than the year before.
Jubilant FoodWorks exits Dunkin business by December 2026
The Indian operator will review the next step with Dunkin’s owner.
Xiao Noodles net profit surges nearly 75% to $15.35m
The group added 134 internal locations to its portfolio during the 2025 fiscal period.
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