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But it raised its margin target range from 12.5%-13.512.5%-13.5%%.
As we have said previously, if Tesco does not invest its margin, it will be eroded.
PVM said it met its margin calls, absorbed the loss and continued its business "as normal".
US Bancorp has said it expects its margin to fall again in the current quarter.
We believe Tesco should reset its margin before it is eroded".
The company wants to avoid hurting its margin more than it needs.
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Overall, it said its margins should improve by more than the average selling prices.
Westaff said it had been disappointed with its margins overseas, especially in Australia.
Its margins are higher, and it has acquired Jaguar, Volvo and now is adding Land Rover...
To compete with these cheaper machines, it has to eat into its margins.
But in future it will need to look to its margins.
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