Starbucks (SBUX) missed fiscal fourth quarter earnings estimates as profits declined 25% year-over-year and global same-store sales fell 7%, higher than Wall Street was anticipating. The coffee chain posted revenue of $9.1 billion (against estimates for $9.33 billion) and adjusted earnings per share (EPS) of $0.80 (against estimates for $1.00).

Starbucks released preliminary earnings figures last week that teased the sales headwinds in US and China stores.

Yahoo Finance senior retail reporter Brooke DiPalma breaks down Starbucks's earnings results ahead of new CEO Brian Niccol's — former Chipotle (CMG) chief executive — first earnings call with the coffee giant.

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This post was written by Luke Carberry Mogan.