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Risks
1. Volatility in Demand: Due to changing consumer preferences and the competitive nature of the lawn and garden industry, Scotts Miracle-Gro Company is exposed to volatility in demand for its products, which could lead to decreased sales and profits.
2. Economic Factors: Scotts Miracle-Gro Company is exposed to fluctuations in the economic environment which could have a negative impact on its overall sales.
3. Regulatory Challenges: The Company is subject to various federal, state, and local laws and regulations that may impose significant penalties and restrictions if violated.
4. Climate Change: The Company’s operations and products are impacted by the changes in the climate which could lead to a decrease in its sales.
5. Competition: The Company competes with various domestic and international companies which may lead to price decreases and decreased market share.