Latest news with #MauricioSerna
Yahoo
5 days ago
- Sport
- Yahoo
🎙️Serna on exit: I was offered another role but turned it down
Today, Boca has officially announced the departure of Mauricio "Chicho" Serna and Raúl Cascini. In response, the Colombian, who was the spokesperson for the Football Council since its creation, stepped forward and made it clear that he gave it his all. "It hasn't been easy, you know what this club means to me and my family, but life is about decisions, sometimes we get it right and many times we make mistakes. I held nothing back, I gave the best I had to give. It's a difficult moment, but just as one day the President invited me to be part of his work group, I was grateful and gave everything, today I am honest and have to say that I gave it all. I have been offered to be in another area of the club and I made the decision NOT TO ACCEPT it because I believe it wouldn't be convenient. I prefer to say goodbye and thank everyone and say, this has come to an end. Thank you very much, I love the fans, but that's life and now, it's my turn. Bye, thank you."Meanwhile, the next step will be to resolve the future of Miguel Ángel Russo. Rumors suggest that if he doesn't manage to beat Racing, his third cycle as the club's coach could be interrupted. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.
Yahoo
29-07-2025
- Politics
- Yahoo
🚨Shock at Boca: Riquelme dissolves the football council
No one can deny that the eye of the storm at Boca is centered around the Football Council, which includes Jorge Bermúdez, Mauricio Serna, Raúl Cascini, and Marcelo who were supposed to organize the sports side to bring back success were far from achieving the goal and are now the main ones blamed for the football debacle during the worst moment in the blue and gold's history. Now, Hugo Balassone confirmed that, in light of this, Juan Román Riquelme will dissolve the organization. The only one who will remain in that role is "Chelo" Delgado, but it is not ruled out that there could be new members. One of the names that has started to emerge is Carlos Navarro Montoya. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.
Yahoo
23-06-2025
- Business
- Yahoo
UBS boosts Aritzia price target, pointing to 'significant' opportunities for U.S. expansion
Analysts at UBS Group on Monday hiked their price target for Vancouver-based Aritzia ( from $66 to $95, pointing to significant growth opportunities in the U.S. in the years ahead. Noting a U.S. footprint significantly smaller than similar retailers, a considered expansion strategy and manageable tariff risks, analyst Mauricio Serna reiterated his "Buy" rating for the stock in a note to investors. 'Our view is the U.S. remains a long-term sales growth and margin driver for ATZ,' Serna wrote. 'We believe ATZ still has significant white space opportunities in the U.S., given it only operates 64 stores, with penetration levels well below its closest peers.' Aritzia shares were trading at $67.25 on the Toronto Stock Exchange as at 12:30 p.m. ET Monday. The stock fell below $40 in early April as tariff threats gripped the markets. In May, Aritzia said it had taken steps to minimize tariff impact in the U.S. The company says U.S. operations helped drive a strong first quarter and notes plans to expand into five more U.S. cities. Serna writes that 'ATZ remains under-penetrated vs its closest peers across every region' and highlights Aritzia's past mention of '150 potential real estate opportunities in the U.S.' The company's average pace of 10 new stores per year suggests eight years of expansion runway, Serna says. 'Importantly, we see upside to this figure as we think new locations can become available over time as other players exit the market,' he wrote. Some similar retailers have also tried U.S. expansion and struggled as a consequence, Serna notes. But UBS points to Aritzia taking 'a more prudent approach by being more selective on the location of its boutiques and ensuring the store design and visuals engage its targeted customers.' Aritzia's U.S. growth is central to UBS' forecast for earnings per share to grow at a 20 per cent compound annual growth rate (CAGR) over the next five years, with U.S. sales growing at 15 per cent CAGR over that period. Crucially, UBS estimates that U.S. margins are around 800 basis points higher than those in Canada because Aritzia prices its products at the same number in U.S. and Canadian stores. 'For instance, a customer can purchase a Babaton coat for C$200 in Toronto and will likely find the same product in New York City selling at US$200,' the UBS note said. 'This strategy implies a structural uplift to merchandise margins to Aritzia's U.S. business given a higher selling price but a similar cost base.' Aritzia's e-commerce sales 'materially slowed' in the 2024 fiscal year, Serna writes, but the company has since invested in enhancing its website and more digital marketing. 'We believe ATZ is still in the early innings of unlocking more growth on its digital channel. We see more runway ahead as the company launches a U.S. app in fiscal 2H26.' Though tariff risks exist, Serna estimates the worst-case scenario would result in only a 400 basis point headwind to margins — similar to Aritzia's initial guidance for 2026. John MacFarlane is a senior reporter at Yahoo Finance Canada. Follow him on X @jmacf. Download the Yahoo Finance app, available for Apple and Android. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
