04:27 PM EDT, 10/30/2024 (MT Newswires) -- Starbucks ( SBUX ) reported fiscal Q4 non-GAAP earnings late Wednesday of $0.80 per share, down from $1.06 a year earlier.

Analysts polled by Capital IQ expected $0.89.

Net revenue for the quarter ended Sept. 29 was $9.07 billion, down from $9.37 billion a year earlier.

Analysts surveyed by Capital IQ expected $9.14 billion.

The company said its board kept the quarterly cash dividend at $0.61 per share. The dividend is payable on Nov. 29 to shareholders of record on Nov. 15.