AutoZone: “Obamacare” could have significant negative impact on us

AutoZone has just released its latest annual report. In a summation of risk factors that could affect the company’s business, the company makes a reference to President Obama’s health care law:

“While the significant costs of the recent healthcare legislation enacted will occur after 2013 due to provisions of the legislation being phased in over time, changes to our healthcare costs structure could have a significant, negative impact on our business.”

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