5 Best Fast Food Stocks to Buy Now

In this article, we discuss the 5 best fast-food stocks to buy now. If you want to read our detailed analysis of the fast-food stocks, go directly to see the 10 Best Fast Food Stocks to Buy Now.

5. Domino’s Pizza, Inc. (NYSE:DPZ)

Number of Hedge Fund Holders: 31

Founded in 1960, Domino’s Pizza, Inc. (NYSE:DPZ) is an American pizza restaurant chain. The company reported its Q3 results on October 14, posting an EPS of $3.24, beating the estimates by $0.14. The company reported an 8.8% growth in the global composite sales, versus the estimates of 7.69%.

In Q2, 31 hedge funds tracked by Insider Monkey reported having stakes in Domino’s Pizza, Inc. (NYSE:DPZ), up from 29 in the previous quarter. The total value of these stakes is $2.49 billion. Pershing Square is the largest shareholder of Domino’s Pizza, Inc. (NYSE:DPZ) in Q2, with over 2 million shares.

On October 14, Domino’s Pizza, Inc. (NYSE:DPZ) announced a quarterly dividend of $0.94 per share, yielding 0.79%.

Pershing Square Holdings, Ltd. mentioned Domino’s Pizza, Inc. (NYSE:DPZ) in its Q2 2021 investor letter. Here is what the firm has to say:

“In March, PSH initiated an investment in Domino’s Pizza. Domino’s is the number one pizza company in the world and, along with its franchisees, operates more than 18,000 stores globally. As 98% of the system is franchised, the company generates most of its profi ts from high-margin brand royalty fees, and the balance from company-owned stores and a supply chain business that supplies North American franchisees.

We have long admired Domino’s due to its compelling customer value proposition, best-in-class digital infrastructure, consistent track record, exceptional unit economics and world-class management team. Domino’s menu in the U.S. has featured its core $5.99 and $7.99 everyday value platforms for more than a decade, which are amongst the lowest-cost meals for a family of four. The company generates 75% of its sales through digital channels – by far the highest in the industry. Ownership of the leading digital and delivery infrastructure enables Domino’s to consistently deliver an outstanding customer experience as well as attractive economics to drivers, franchisees, and shareholders, all without using third-party delivery providers in the U.S. This strong value proposition and effi ciency have led to consistent same-store sales growth of highsingle-digits in the U.S., and mid-single-digits internationally…” (Click here to see the full text)