adidas has reported a better-than-expected increase in fourth-quarter sales, largely driven by the sale of its remaining Yeezy stock, while forecasting slower revenue growth for the upcoming year.

adidas reported an uptick in fourth-quarter sales and the sale of Yeezy stock.

CEO of adidas expressed pride in the company's performance and future outlook.

adidas is competing with nike amid a broader retailer shift.

The partnership with ye was terminated due to his controversial remarks.