Starbucks (SBUX) reported fiscal Q2 non-GAAP net income late Tuesday of $0.41 per share, down from $0.68 a year earlier.
Analysts polled by FactSet expected $0.49.
Net revenue in the quarter ended March 30 rose to $8.76 billion from $8.56 billion a year earlier.
Analysts polled by FactSet expected $8.83 billion.
Shares of the company fell 1.1% in after-hours trading.