04:29 PM EST, 01/28/2025 (MT Newswires) -- Starbucks ( SBUX ) reported fiscal Q1 non-GAAP net income late Tuesday of $0.69 per share, compared with $0.90 a year ago.

Analysts polled by FactSet expected $0.66.

Net revenue for the quarter ended Dec. 29 was $9.40 billion, compared with $9.43 billion a year ago.

Analysts polled by FactSet expected $9.31 billion.

Shares of the company rose 3.6% in recent after-hours activity.

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