Starbucks is posting its first profit growth in over 2 years and raising its outlook

Global same-store sales rose 6.2% and adjusted EPS of 50 cents topped Wall Street's 43-cent estimate

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Starbucks $SBUX reported its first profit growth in more than two years and raised its full-year outlook after second-quarter results beat analyst expectations across the board.

The company posted quarterly net income of $510.9 million, a 33% increase compared with $384.2 million in the same period last year. On an adjusted basis, Starbucks earned 50 cents per diluted share, up 22% year over year. Analysts had projected 43 cents per share, according to CNBC.

Total revenue of $9.53 billion represented roughly 9% growth from a year ago, clearing the........

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