Flutter (FLUT) Q2 FY26 earnings call

Flutter delivered Q2 results ahead of expectations, buoyed by strong international performance and FIFA World Cup engagement, despite U.S. revenue headwinds. The company announced a strategic shift to increased investment in the U.S. to drive customer acquisition and ARPU, alongside a new phase of cost transformation targeting $500M in savings by 2029, aiming for long-term shareholder value. CEO Peter Jackson announced his departure, with Dan to take over at the end of September.