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Buffett Keeps Buying Domino's as Expansion and Digital Sales Strengthen Case

Berkshire's steady purchases signal confidence in Domino's asset-light, digital-first growth.

Overview

  • Berkshire Hathaway has added to its Domino's stake every quarter since its initial investment in Q3 2024, according to new reporting.
  • Recent analysis highlights a solid Q3 for Domino's, with robust same-store sales, expanding margins, and strong cash-flow conversion.
  • Domino's global footprint reached roughly 21,750 stores through the first nine months of 2025, with a long-term goal of 50,000 locations.
  • More than 85% of U.S. revenue comes from digital ordering, reinforcing operational efficiency and supporting higher average order values.
  • Wall Street maintains a Buy consensus with an average target near $488, while some model-based forecasts, including CoinCodex, flag potential longer-term downside given cost and demand pressures.