Here's how Nike's stock could benefit big from the next World Cup

Core Insights - The company sponsors six top FIFA teams and is projected to see a revenue boost of $1.3 billion due to increased visibility from the World Cup [1] Company Impact - Sponsorship of six top FIFA teams positions the company to leverage significant marketing opportunities during the World Cup [1] - The anticipated revenue increase of $1.3 billion highlights the financial benefits associated with high-profile sports sponsorships [1] Industry Context - The World Cup serves as a major platform for brands to enhance visibility and drive revenue through strategic sponsorships [1] - Companies involved in sports sponsorships can expect substantial returns on investment during global sporting events like the World Cup [1]