{"id":103807,"date":"2026-10-12T17:13:47","date_gmt":"2026-10-12T17:13:47","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/starbucks-denies-plan-to-buy-chipotle-after-report-of-possible-takeover\/"},"modified":"2026-10-12T17:13:47","modified_gmt":"2026-10-12T17:13:47","slug":"starbucks-denies-plan-to-buy-chipotle-after-report-of-possible-takeover","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/starbucks-denies-plan-to-buy-chipotle-after-report-of-possible-takeover\/","title":{"rendered":"Starbucks denies plan to buy Chipotle after report of possible takeover"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"article-0\">\n  <!-- lil observer --><br \/>\n      <span class=\"content__observer-marker content__observer-marker--fixed lazyload\"\/><\/p>\n<section class=\"content__body\">\n<p>Starbucks shot down reports that the coffee giant was considering acquiring restaurant chain Chipotle Mexican Grill.<\/p>\n<p>A spokesperson for Starbucks said it is not buying Chipotle, which has a market worth of $47 billion, saying that the company is focused on its strategic plan to boost growth.\u00a0<\/p>\n<p>&#8220;Our team is laser-focused on executing our Back to Starbucks strategy. We have strong momentum and confidence in our long-term growth potential. \u00a0We look forward to sharing our Q4 results, including FY27 guidance, later this month,&#8221; a Starbucks spokesperson said in a statement to CBS News. \u00a0<\/p>\n<p><span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/chipotle-stock-starbucks-takeover-ceo-brian-niccol\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Chipotle&#8217;s stock soared as much as 8%<\/a><\/span> last week after the Financial Times\u00a0<a href=\"https:\/\/www.ft.com\/content\/79cef26a-e5e9-41d0-9af2-876dc23a9a7d?syn-25a6b1a6=1\" target=\"_blank\" rel=\"noopener\">reported<\/a>\u00a0that Starbucks had been exploring a deal to purchase Chipotle.\u00a0<\/p>\n<p>Industry analysts were skeptical of the report. TD Cowen analysts said in a research note last week that they considered a merger between Starbucks and Chipotle &#8220;a low-probability outcome,&#8221; and instead expected Starbucks chief executive Brian Niccol to prioritize the company&#8217;s turnaround plan. \u00a0<\/p>\n<p>Niccol previously served as CEO of Chipotle, whose stock price has dropped about 50% since he left the post in August 2024. The shares have lost about 20% of their value over the past year.<strong>\u00a0<\/strong><\/p>\n<section class=\"content__body--footer\">\n<p class=\"content__meta--editors\">\n      Edited by<\/p>\n<p>                                  <a href=\"https:\/\/www.cbsnews.com\/team\/alain-sherter\/\" class=\"byline__author__link\" data-invalid-url-rewritten-http=\"\">Alain  Sherter<\/a>\n                      <\/p>\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section>\n<\/section>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/starbucks-chipotle-merger-brian-niccol\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starbucks shot down reports that the coffee giant was considering acquiring restaurant chain Chipotle Mexican Grill. A spokesperson for Starbucks<\/p>\n","protected":false},"author":1,"featured_media":103808,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[6668,819],"class_list":["post-103807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-chipotle","tag-starbucks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Starbucks denies plan to buy Chipotle after report of possible takeover - World News<\/title>\n<meta name=\"description\" content=\"Starbucks said it doesn&amp;#039;t plan to bid for Chipotle Mexican Grill, saying the coffee chain is focused on organic growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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