Yes, it's a fast comparator. The datasheet talks about that in the "High Speed Design Techniques" section.
In the OP's case, I suspect they chose it not because it was fast, but because it has this output latch feature? If so, a separate latch and a more tamed comparator could also be advisable. The latch itself can just be a set/reset flip-flop. Connect the "set" input to the comparator's output, and the "reset" input to a simple reset circuit (RC) that'll guarantee resetting it upon power-on. And with this setup, there won't be any possible glitch.