InvestingShares of Adidas dropped as much as 11% on Friday morning after the German company warned its split with West, also known as Ye, could wipe out operating profits this year. ”Adidas also forecast falling sales and one-off costs of roughly US$214 million this year, which could push the firm to an operating loss of nearly US$750 million for 2023. ”‘We need to put the pieces back together’Adidas’ statement is the company’s fourth profit warning since July and Gulden’s assessment of the situation was blunt