15 Best Humanoid Robot Stocks That Will Ride A $30 Trillion Opportunity According To Morgan Stanley

3. Domino’s Pizza, Inc. (NYSE:DPZ)

Number of Hedge Fund Investors  in Q1 2024: 40

Domino’s Pizza, Inc. (NYSE:DPZ) is a well known American pizza chain. It is also one of the biggest players in the food delivery logistics industry, which has also allowed Domino’s Pizza, Inc. (NYSE:DPZ) to experiment with robots in its delivery chain. The firm has used robots to deliver pizzas in cities such as Berlin, and like MCD, the customer facing nature of Domino’s Pizza, Inc. (NYSE:DPZ)’s business means it has to focus more on humanoids for a smooth in store customer experience. Additionally, using humanoids in its kitchens will allow Domino’s Pizza, Inc. (NYSE:DPZ) to maintain its existing flow models and use machines to introduce efficient workers. As a whole, its investors focus on same store sales growth and international expansion to check how Domino’s Pizza, Inc. (NYSE:DPZ) is competing with other food chains.

Domino’s Pizza, Inc. (NYSE:DPZ)’s management shared details for same store sales during the Q2 2024 earnings call:

“During Q2, same store sales for the US came in at 4.8%, which was in-line with our expectations. Our strong comps in the quarter for carryout of 7.9% and delivery of 2.7% were once again driven primarily by transaction growth.

Our US same store sales continued to be primarily driven by transaction growth from our new loyalty program and our strong marketing programming. We also benefited from 1.5% of pricing, which was inclusive of high single digits in California. Our sales mix from Uber grew to 1.9% for the quarter. The incrementality of Uber sales continues to be in-line with our expectations. Our comp tailwinds were partially offset by a higher carryout mix, which carries a lower ticket than delivery. Shifting to US unit count, we added 32 net new stores in-line with our expectations. This brings our US system store count to 6,906. We remain on track to achieve our 175 or more net store growth target in the United States in 2024, and we anticipate opening our 7,000 store by the end of the year.”