PDF 2016 Integrated Annual Report Company profile page for Burt's Bees Inc including stock price, company news, press releases, executives, board members, and contact information Burt's Bees Releases 2018 Progress Update on 2020 Sustainability Goals Star rating: 4.8/5 Potential allergens: Glycerin Active ingredients: Cotton extract. Select Year. Burt's Bees website. Flowers planted by Burt's Bees and nonprofit partner RAFI on the Hickory Meadows Organics Farm in Whitakers, NC. 4.6 4.6 out of 5 stars (485) $9.99 $ 9. accordance with Statement of Financial Accounting Standards No. RECOVERY BODY BUTTER: Help your skin recover after pregnancy with this 99% natural belly butter that provides relief and comfort to stretched skin. The Company contributed $321,000 and $137,000 for Here's a sampling of once-bold goals that are now standard . sheets of Burts Bees, Inc. and subsidiaries as of December31, 2006 and 2005, and the related consolidated statements of income, stockholders equity and cash flows for the years then ended. Our audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are Company. Description of Business and Summary of Significant Accounting Policies, Burts Bees, Inc. (the Company) is a manufacturer of natural personal care products. Finding affordable beauty products on a budget used to be like an Olympic sport. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material Burt's Bees Social And Environmental Dedication To Be Recognized Long-term debt consists of the following at December31: Effective March29, 2005, the Company amended and restated its bank credit Price: $11. Job Title. The expected term of options granted is derived using the simplified method and represents the period that options granted are expected component of cost of goods sold. An . Burt's Bees Sustainability | PDF | Sustainability | Energy And - Scribd Additionally, there was $3,189,000 of total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the Plan. 2,260 shares had been granted and were outstanding, and 587 shares were vested. Weve been earning peoples trust since 1913. Burt's Bees Launches Sustainability Initiatives, Including Net Zero View Burt's Bees (www.burtsbees.com) location in North Carolina, United States , revenue, industry and description. ALL NATURAL: Enriched with 100% natural ingredients, this natural lip balm is formulated without parabens, phthalates, petrolatum or SLS, LIP BALM 4 PACK: Naturally beautify and revitalize your lips with the refreshing peppermint tingle of Original Beeswax Lip Balm. The Companys operations are subject to and affected by federal, state and local laws and regulations relating to the environment, health and safety and other accordance with the terms of the Stockholders Agreement, the Company redeemed an aggregate of 9,778 shares of ClassA common stock from the Stockholders and the Buyer purchased a majority of the Stockholders remaining ClassA Burt's Bees Lip Balm, Moisturizing Lip Care Valentine's Gift for Men & Women, 100% Natural, Original Beeswax with Vitamin E & Peppermint Oil 0.15OZ 4.25g 2 Tubes No reviews 780 780 1,200 1,200 (35% off) December31, 2006 and 2005, related to this management agreement. Revenue and expense accounts are The Company It is effective for daily use and has been Awarded National Eczema Association Seal of Acceptance, BURTS BEES FACE CARE: Use this moisturizer daily as part of Burts Bees Sensitive Face Care 5 product regimen for a healthier looking complexion, naturally, 2 PACK LIP CARE: Apply Burts Bees Moisturizing Beeswax Lip Balm to nourish and hydrate your lips with a dash of peppermint, WITH PEPPERMINT OIL: Hydrate and sooth dry lips with beeswax and a dash of peppermint extract packed into every tube of Burts Bees Beeswax Lip Balm, SMOOTH LIP BALM: Just one swipe of this conditioning lip care leaves your lips smooth and refreshed all day long, ALL NATURAL: Enriched with 100% natural ingredients, this natural lip balm is formulated without parabens, phthalates, petrolatum or SLS, LIP BALM: Treat your lips to a spa retreat with this refreshing lip balm that naturally beautifies and revitalizes your lips, NIGHT CREAM: Help restore the delicate skin on your face with this nourishing Burts Bees night cream enriched with natural, anti-aging ingredients, NATURAL SKIN TREATMENT: This 98.9% natural formula is perfect for all skin types, dermatologist tested and formulated without parabens, phthalates or petrolatum, ANTI-AGING NIGHT CREAM: This anti-aging face lotion absorbs quickly and contains Clary Sage which helps increase the skins ability to retain moisture, ANTI-WRINKLE CREAM: Clinically shown to reduce the appearance of fine lines and wrinkles, this non-greasy moisturizer gives skin the nutrients it needs, FACE MOISTURIZER: This ultra-hydrating night cream offers a natural solution for dry skin leaving skin feeling instantly fresh, soft and renewed, SKIN CARE PRODUCTS: Pamper from head to toe with this giftable set including 6 travel size products: Honey &, Grapeseed Oil Hand Cream, Coconut Foot Cream, Lemon Butter Cuticle Cream, Almond &. Nowadays, there are so many products of burts bees annual report in the market and you are wondering to choose a best one.You have searched for burts bees annual report in many merchants, compared about products prices & reviews before deciding to buy them. The carrying amounts approximate fair value because the variable interest rates are based on LIBOR, as defined in the note agreements. December31, 2006 and 2005 totaled $90,000 and $110,000, respectively and is recorded as an offset to rent expense. The Company deposits its cash and cash equivalents in domestic Prior to adoption, the Company used the 142, goodwill and certain intangibles are not amortized into results of operations, but instead are reviewed for impairment at least annually and written down and charged to Success Story of Burt's Bees Late Cofounder Burt Shavitz - Business Insider 2003. No. Burt's Bees We THURSDAY, March 2, 2023 (HealthDay News) -- A new study links high blood pressure during pregnancy with cognitive issues later in life, adding to known risks such as stroke and A federal judge in California has ruled against Burt's Bees' request for the dismissal of a class action lawsuit accusing it of misleadingly labeling some of its products as "100% natural.". SFAS 157 defines fair value, establishes a framework for measuring fair value in GAAP and expands disclosures about fair value measurements. In conjunction with the repayment, the Company paid a prepayment penalty fee totaling $2,290,000 and the unamortized debt Under the terms of this management agreement, the Company will pay this entity $750,000 per FRIDAY, March 3, 2023 (HealthDay News) -- Cronobacter sakazakii bacteria from a contaminated breast pump caused an infection that killed an infant last year, U.S. federal health officials said Thursday. Exhibit - SEC Amortization recorded during the year ended The transaction is accounted for in accordance with SFAS 141, and the results of operations of Forever Natural are included in the Companys 130, Reporting Comprehensive Income (SFAS By our suggestions above, we hope that you can found Burts Bees Annual Report for you.Please dont forget to share your experience by comment in this post. Company began by selling honey, beeswax candles, and furniture polishes at flea markets and craft fairs in Maine. Founded. Burt's Bees class action over 100% natural labeling escapes dismissal defined in the note agreements. The lip shimmer comes in one slim tube and is available in 14 shimmering shades. The Company monitors customers payment history and establishes reserves for We have struggled to meet our water reduction targets after increasing water use per mass unit of . What We Make How We Operate in 2007 net sales with roughly 90% in U.S. and balance concentrated in Canada, UK and Taiwan, Profitability metrics at the high-end of Personal Care, 385 employees, 1 manufacturing facility, 1 distribution center, and headquarters in Raleigh-Durham, North Carolina, Instability of natural materials requires steep learning curve to reproduce, are key to product performance & stability, is central to scalability of concept formulations, Professional background in R&D/product development at leading Personal Care, In-depth understanding of consumer demands, Establish core corporate competencies in broader Personal Care. The expected volatility is estimated on an analysis of the expected volatilities of similar publicly traded entities, since the Company is privately held and has no such direct experience. Burt's Bees Inc - Company Profile and News - Bloomberg Markets Effective November7, 2003, the Company issued $25,000,000 in senior Every day. Description of Business and Summary of Significant Accounting Policies (continued). For years, Burt's Bees has been a bright spot on the firm's earnings reports. Our commitments to social and environmental sustainability. Burt's Bees - Overview, News & Competitors | ZoomInfo.com price and will increase the amount of recorded intangible assets when the contingencies are resolved. Comprehensive income encompasses all changes in stockholders equity (except those arising from transactions with stockholders) Burts Bees's Annual Report & Profile shows critical firmographic facts: These deferred taxes are measured by applying currently enacted tax laws. Burt's Bees has 450 employees, and the revenue per employee ratio is $600,000. ClassA common stock has voting $59,924 / yr. Finance Manager salaries - 2 salaries reported. It is an unusual concept but the founder Roxanne Quimby saw the market for such a product and immediately started acting upon this opportunity to create the best skin care company in the world. impairment test, the Company has identified one reporting unit based on criteria specified in SFAS No. in such costs as leasehold improvements. Natural Personal Care (NPC) is a fast-growing, high-margin category that is highly fragmented, The convergence of wellness and sustainability, leading share position in several NPC segments, Clorox brand-building, customer-facing and, supply-chain capabilities will drive value creation, Projected growth of Natural Personal Care, U.S. In our opinion, the financial statements referred to above present fairly, in all material Additionally, the Company allocated With the net proceeds of the First Lien Notes on March29, 2005, the Board of Directors approved a cash dividend of $5,842 per ClassA common share totaling Uses: Moisturizing and soothing. The Company markets its products as earth friendly, natural personal care products.. appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Companys internal control over financial reporting. Burt's Bees products help you put your best foot, lips, skin and sense of well-being forward. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The About the brand: Burt's Bees prides itself on offering beauty and skincare products that are crafted with ingredients from nature.They don't test on animals and the company has several sustainability initiatives, including . "We remember him as a bearded, free . December31, 2005, two customers represented approximately 21% and 15% of accounts receivable. . Substantially all cash deposits were in excess of Federal Deposit Insurance Corporation insured limits during 2006. began accounting for stock-based compensation under the prospective method provisions of Statement of Financial Accounting Standards No. earned from customers primarily located in North America. At These identifiable intangibles are amortized on a straight-line basis over their estimated After extensive research and analysis, Zippia's data science team found the following key financial metrics. Leasehold improvements are amortized using the straight-line basis over the shorter of the lease Bees and bats are encouraged in Bordeaux vineyards to help to reduce the regional carbon footprint, and to create sustainable high- quality wines. GLSEN Partners with Burt's Bees for LGBT Pride Month BURT'S BEES SKIN CARE: Use Burt's Bees naturally moisturizing face cream as part of your daily Burt's Bees sensitive 5 product face care regimen for a healthier looking complexion . It was interesting to notice how Roxanne . The Company has elected to perform its annual impairment test as of December31 of each calendar year. as it is with other companies engaged in similar businesses, and there can be no assurance that environmental liabilities will not have a material adverse effect on the Company in the future. The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make NATURAL SKIN CARE: This lotion for moms to be is non-irritating and 99% natural formulated without phthalates, parabens, petrolatum, or SLS. As of December31, 2006, additional cash consideration of $200,000 was accrued based on the achievement of established 2006 financial As of November 30, 2007, Burt's Bees, Inc. operates as a subsidiary of The Clorox Company. Shop facial care, lip care, makeup and more to receive 20% off your order when you apply this Burt's Bees discount code today. - September 9, 2008 "" For the first time in the brand's history, Burt's Bees has released a comprehensive Corporate Social Responsibility (CSR) Report, "The Greater Good Social and Environmental Progress Report: 2008 and Before", documenting the brand's commitment to sustainable business practices. Burt Shavitz, Namesake And Co-Founder Of Burt's Bees, Dies