U.S. Markets open in 7 hrs 48 mins

Starbucks tops estimates, raises guidance in Q2 earnings report

Starbucks beat Wall Street estimates, boosted by sales growth in the U.S. and China. Starbucks CEO Kevin Johnson tells Yahoo Finance the growth in U.S. traffic is thanks to an elevated customer experience, new beverage innovation and the expanded reach of digital customer relationship. Johnson breaks down the report with Brian Sozzi and Alexis Christoforous on Yahoo Finance's The First Trade.