Starbucks reported quarterly earnings that met analysts' expectations on Thursday but revenue was slightly lower than anticipated. The shares fell in after-hours trading.
The coffee chain reported reported fiscal first-quarter earnings rose to 57 cents per share from 50 cents per share a year earlier.
Revenue increased 10 percent to $3.8 billion from $3.44 billion a year ago.
Analysts had expected the company to report earnings excluding items of 57 cents a share on $3.84 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company said it posted record results in the quarter despite "significant and unexpected cost pressures."
Global same-store sales growth rose 6 percent in the quarter, helped by solid growth in its U.S. retail business and strength in China and Asia. Net revenues for its China and Asia business rose 28 percent, aided by an 11 percent increase in comparable store sales.