10 Best Delivery Stocks to Buy According to Billionaires

7. Domino’s Pizza, Inc. (NASDAQ:DPZ)

Number of Billionaires: 13

Billionaire Holdings: 1,392,251,707

Domino’s Pizza, Inc. (NASDAQ:DPZ), a fast-food pizza restaurant, has a well-established food delivery system of its own. The business can save money on fees and have total control over the delivery process and customer experience by not depending on outside delivery partners, making it one of the Best Delivery Stocks to consider.

Domino’s Pizza, Inc. (NASDAQ:DPZ) has benefited from the pandemic; in 2020, same-store sales in the US grew by 11.5% year over year. Despite an enormous boom in restaurant delivery alternatives from outside delivery services like DoorDash, the company saw a rise in sales.

The firm has progressively expanded its market share in the United States, rising from 13.5% in 2015 to 22.9% in 2024. Approximately 1,750 shops were opened between 2015 and 2023. Domino’s Pizza, Inc. (NASDAQ:DPZ) increased the number of its system stores to 6,930 in fiscal Q3 2024 by adding 24 net new locations to its portfolio in the US. Furthermore, the company’s retail sales in the US increased by 5.1%. Its same-store sales, which grew by 3% for the fourth consecutive quarter as of fiscal Q3 2024, were credited with this rise. Gains in the company’s market share were fueled by these favorable outcomes.

An ongoing competitive advantage is the company’s solid internal delivery system. Moreover, the international business of Domino’s Pizza, Inc. (NASDAQ:DPZ) has room to grow. The company is putting plans and strategies into place to increase net store growth and generate sales momentum in the international market. For example, it is concentrating on aggressive promotional pricing to deliver a consistent value message to customers who are looking for value, maximizing orders from aggregators, and expanding its business beyond delivery to include dine-in.