Adidas could lose over $750 million as it tries to figure out what do do with its stockpile of Yeezys

• Adidas may lose over $700 million in operating profits in 2023 if it doesn't sell off excess Yeezys.
• Currency-neutral sales would also decline in the "high-single digits," the company said, Thursday.
• Adidas has said it plans to sell Yeezys without Ye after the business relationship ended in October.

Adidas has shared further insight into potential damage to its business following its split with Ye, formerly known as Kanye West, last October.