12 Best Pizza Stocks to Buy According to Hedge Funds

5. Domino’s Pizza, Inc. (NYSE:DPZ)

Hedge Fund Holders: 32

Domino’s Pizza, Inc., (NYSE:DPZ) is a pizza company that operates through US stores, international franchises, and a supply chain segment. This public restaurant brand operates more than 20,500 stores in around 90 markets worldwide.

The company has steadily increased its market share in the US, going from 13.5% in 2015 to 22.9% in 2024. It opened around 1,750 stores between 2015 and 2023. In fiscal Q3 2024, Domino’s Pizza, Inc. (NYSE:DPZ) added 24 net new stores to its US portfolio, bringing its total system store count to 6,930. The company’s retail sales grew by 5.1% in the US as well. This growth was attributed to its same-store sales that came in at 3% with positive order counts for the fourth consecutive quarter as of fiscal Q3 2024. These positive results drove the company’s market share gains.

Domino’s Pizza, Inc.’s (NYSE:DPZ) international business has the potential for growth. The company is implementing various plans and strategies to create sales momentum and boost net store growth in the international market. For instance, it is focusing on aggressive promotional pricing to drive a consistent value message to value-seeking customers. It is also maximizing orders from aggregators and is diversifying its business beyond delivery to dine-in. It ranks fifth on our list.