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Starbucks says it is not buying Chipotle following deal speculation

Starbucks says it is not buying Chipotle following deal speculation

Starbucks is putting an end to speculation that it could acquire burrito chain Chipotle Mexican Grill.A Starbucks spokesperson confirmed to FOX Business on Monday that the coffee giant is not buying Chipotle following a report that it had explored a potential deal."Our team is laser focused on executing our Back to Starbucks strategy. We have strong momentum and confidence in our long-term growth potential," the company reiterated. "We look forward to sharing our Q4 results, including FY27 guidance, later this month."STARBUCKS SUED FOR ALLEGEDLY MISLABELING 'SUGAR-FREE' PROTEIN DRINKSTalk of a...

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Wayne G Fraser
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