Pizza restaurants have largely benefited over the past year during Covid-19 lockdowns as consumers flocked to delivery and takeout meals.
Pizza related stocks performed extremely well in the stock market in 2021. And analysts are expecting more growth over the next decade.
There are three publicly tradable pizza stocks. Here’s what’s on the menu:
- Domino’s Pizza (NYSE:DPZ)
- Gourmet Provisions International Corporation (OTC:GMPR)
- Papa John’s (NASDAQ:PZZA)
Domino’s Pizza, Inc., (NYSE: DPZ) through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. The company offers pizzas under the Domino’s brand name through company-owned and franchised stores. As of January 3, 2021, it operated approximately 17,600 stores in 90 markets.
Domino’s Pizza, Inc. recently hit headlines after Bill Ackman has taken a stake worth almost $1 billion in Domino’s Pizza Inc., adding another big-name consumer company to his portfolio.
According to a recent report, the global frozen pizza market was estimated at $11.11 billion in 2016, and is expected to reach $17.29 billion by 2023, growing at a CAGR of 6.4% from 2017 to 2023.
With its gluten free pizzas, Gourmet Provisions International Corp. (OTC: GMPR) is well positioned to benefit from the fast growing global frozen pizza market.
Gourmet Provisions International Corp. began with several pizza shops and has expanded and diversified through targeted acquisitions and partnerships to include other diversified food lines.
The company currently has four wholly owned subsidiaries:
- Jose Madrid Salsa
- Pizza Fusion
- Unique Tap House
- licensing agreement with Christopher Street Products.
The company recently announced that Pizza Fusion (wholly owned subsidiary) received the Gluten-Free Certification for all three of its new frozen pizzas. Gourmet Provisions Int. received the Gluten-Free Certification Trademark Approval for its Four Cheese Spinach Crust Pizza, The Vegan Beets Crust Pizza and the Founders Pie Broccoli Crust Pizza. Each box will be embossed with the Gluten-Free Certification Trademark.
What makes Gourmet Provisions International Corp. (OTC: GMPR) an attractive short and long term investment:
- growing revenues
- new celebrity-partnered products
- improved capital structure
- goal of listing on NASDAQ exchange
Papa John’s International, Inc. (NASDAQ: PZZA) operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations. The company also operates dine-in and delivery restaurants under the Papa John’s trademark internationally. As of December 27, 2020, it operated 5,400 Papa John’s restaurants, which included 588 company-owned and 4,812 franchised restaurants in 48 countries and territories.
Papa John’s reported better-than-expected earnings for the first quarter. CEO Rob Lynch said there is “sustained demand” for delivery and pizza post-pandemic.
Papa John’s has hired tens of thousands of workers as its sales have grown. To retain workers, it has offered special front-line bonuses and incremental health-care benefits.