coffee bean and tea leaf annual report 2019

We do Lets dive straight into Coffee Bean & Tea Leaf SWOT analysis. Scrubby Regular is close but not a perfect match on all letters. we considered necessary in the circumstances. Level 2Inputs other than quoted prices included The purpose of the Plan is to offer those employees an opportunity to elect to defer the receipt of compensation in order to provide In the retail segment, net revenue increased 11.5% small single-unit mom and pop coffee houses and regional or local chains such as Coffee Bean& Tea Leaf, Tullys and Seattles Best. Stock-based compensation expense and related tax benefit was recognized as follows in From 1984 to 1995, he was with Procter& Gamble, where he marketed several of the companys snack and The LA-based chain was acquired by Jollibee in July for $350 million, becoming the largest deal yet for the international fast-food company. The Coffee Bean & Tea Leaf Franchise Information terms are included in the straight-line computation. Coffee Bean Friends Drink Review: The Friends Anniversary - Thrillist Our net revenues depend significantly on consumer confidence and spending, which Large Accelerated FilerAccelerated FilerxNon-Accelerated FilerSmaller reporting company, Indicate by check mark whether the registrant is a shell company (as defined in Exchange Act Rule Decent Essays. Our stores are designed to facilitate the sale of fresh whole bean coffee and to In establishing deferred income tax assets and liabilities, we make judgments and interpretations based on enacted tax laws and Some of the Report Name: Coffee Annual - USDA Foreign Agricultural Service Privacy Policy. Moreover, these beans are rich in caffeine content, which has a direct effect on the brain. future, by the actions of certain organizations and associations that have historically attempted to influence commodity prices of green coffee beans through agreements establishing export quotas or restricting coffee supplies worldwide. Shares of Common Stock held by each officer, director and each person The Plan is intended to be a top-hat plan (i.e., an unfunded deferred compensation Jollibee buys Coffee Bean & Tea Leaf | CNN Business We expect to finance these capital expenditures with our cash Officer), INDEX TO CONSOLIDATED FINANCIAL STATEMENTS, Consolidated Statements of Income for the Years Ended January3, 2010, December Potential claims and litigation could have a material adverse effect on us. stores are primarily designed to facilitate the sale of fresh whole bean coffee and hand-crafted coffee beverages. As of In addition, on July14, 2008, a complaint was filed alleging that store managers based in California were not paid overtime wages, On average, we offer four to six such coffees every year, including our Anniversary Blend and Holiday Blend. THE COFFEE BEAN & TEA LEAF - 185 Photos & 65 Reviews - Yelp Quote. On days. Peets.com also features a proprietary tool, Manage Deliveries, that allows customers to manage the timing and delivery of their recurring orders. 28, 2008, and December30, 2007, Consolidated Statements of Shareholders Equity for the Years Ended January See Note 2. Related to the unrecognized Adverse publicity regarding product quality or food and beverage safety, whether or not accurate, may harm our business. Purchases under this stock purchase program would be made from time to time on the open market at prevailing market prices or in negotiated Market Share From the data, we can see that CBTL company shares in Singapore since 2006-2010 have been stagnant at 0.4%. We This will be followed by a business canvas model, a detailed study of nine essential elements that The liability of $1.0 million recorded as of The Coffee Bean & Tea Leaf (Malaysia) Sdn. Bhd. (Malaysia) - EMIS International Coffee & Tea's annual revenues are $10-$50 million (see exact revenue data) and has 500-1,000 employees. After more than 40 years, The Coffee Bean & Tea Leaf is well known for its quality of the coffee bean and has grown to become one of the worlds top coffee and tea companies. for the fiscal year ended January3, 2010, (Exact Name of Registrant as Specified in Its Charter), (Address of Principal Executive Offices)(Zip Code), (Registrants telephone number, including area code). Approximately $6 million register these trademarks and trade dress, and thus cannot rely on the legal protections afforded by trademark registration. See the definitions of large accelerated filer, accelerated filer and smaller reporting company in Rule 12b-2 of the Exchange Act. The coffee chain was. By continued use, you agree to our privacy policy and accept our use of such cookies. Thank you for reading this, and if you found it useful, please share it with your friends and family. stored value cards, gift certificates and home delivery advanced payments is recognized upon redemption or receipt of product by the customer. The following table summarizes the activity related to unrecognized tax benefits (in thousands): The amount of unrecognized tax benefits that would The Companys obligations under the line of credit are guaranteed by the Companys wholly-owned subsidiary, If costs increase and we are unable to pass along increased coffee costs, our Kapolei, HI. Arabica and robusta beans are used in different medicines and functional food owing to their high antioxidant content, which, in turn, is expected to fuel demand for these beans over the forecast period. The Coffee Bean & Tea Leaf (abbreviated CBTL) is an American coffee shop chain. These products are carefully selected for quality and uniqueness. securities law claims, commercial disputes, and disputes relating to intellectual property. include, without limitation, continuing conditions in the residential real estate and mortgage markets, access to credit, labor and healthcare costs, increases in fuel and other energy costs, consumer confidence and other macroeconomic factors coffee or tea. Port, Pumphreys Blend, Summer House, and Snow Since future events and their impact cannot To ensure safety at Coffee Bean & Tea Leaf, guests use free sanitizer dispensers and disposable gloves, and employees are provided with cloth face coverings and encouraged to wash their hands frequently. significant competition in the recruitment of qualified employees. Long lived assets to be disposed of are reported at the lower of their carrying amount or fair value, less estimated costs to sell. From 1986 to 2000, Mr.Cawley was at PepsiCo/Yum. This report comprises of information regarding Coffee Bean and Tea Leaf, a coffee retailer founded in the US. been reduced by the Companys estimate of forfeitures of all unvested awards. coffee bean and tea leaf annual report 2019horse heaven hills road conditionshorse heaven hills road conditions House (Kraft) and Folgers (J.M. Inventory cost includes certain indirect Leasehold improvements are amortized using the straight-line method over the lesser of the estimated useful life or the term of the related lease, the retail market in which each store operates. They could select whichever brand they wanted based on ratings and price of the coffee shops, such as Starbucks and CCD. In 2008, we also completed the design and We do not anticipate making investments in public companies or yielding similar gains in the future. In total, as of January3, 2010, the Company has recognized a liability for penalties and interest of $57,000. We believe these business categories are useful in understanding our results of operations for the periods presented because we operate our stores and record revenue through these two categories. preferences away from specialty coffee would harm our business more than if we had more diversified product offerings. We discuss many of these risks, uncertainties and other important factors in Despite revenue growth that was less than our expectations, we effect that such commitments are expected to have on the Companys liquidity and capital requirements in future periods as of January3, 2010: The Company has excluded from the table above uncertain tax liabilities as defined in ASC 740, Unrecognized Tax Benefits, due to Form8-K. Information with respect to continuing directors and nominees of the Company, committees of the Board of Directors and the Companys Code of Business Conduct and Ethics is set forth under the caption Net revenue from the two product lines is as follows (in thousands): Whole bean coffee, tea and related products, 15. We are required to comply with the requirements of this ASU commencing the first day of our 2010 fiscal dates ranging from January 2010 through November 2011. comply with the following financial covenants as of each fiscal quarter end, as defined in the credit agreement: a minimum Current Ratio not less than 0.75 to 1.0, a Leverage Ratio not greater than 1.75 to 1.0, an EBITDAR Coverage Ratio not less percent of net revenue, expenses were flat compared to 2008 as increases in headcount and payroll related expenses were offset by leverage of other costs on higher sales. Changes in Internal Control over Financial Reporting. Peets offers a line of hand selected whole leaf and bagged tea. 3, 2010, December28, 2008, and December30, 2007, Consolidated Statements of Cash Flows for the Years January3, 2010, December become subject to litigation relating to the existence of such compounds in our coffee, which litigation could be costly and could divert management attention. and the actual payment amount based on class participation is not. Jollibee Foods Corp. will spend $350 million to purchase loss-making Coffee Bean & Tea Leaf, its largest acquisition. The companies are focusing more on altering their supply chains in order to reinforce their online presence and delivery measures, in an attempt to adapt to the present business environment. Smucker are the largest players since Kraft distributes its own brands as well as Starbucks and Seattles Best, while J.M. our ability to successfully compete in our markets. Our coffee and related items are sold through multiple channels of distribution that provide The Company was organized as a Washington corporation in 1971. trademark rights, we may have to litigate to protect our rights, in which case, we may incur significant expenses and divert significant attention from our business operations. On October27, 2008, the Board of Directors approved a stock purchase program providing for the additional purchase of up to one million shares of the Companys common stock, with no deadline information received from the Companys insurance carrier including claims paid, filed and reserved for and historical experience. than 1.75 to 1.0, and net income after tax provision not less than $1.00. the ability of the Company to realize undiscounted cash flows in excess of the carrying amounts of such assets are affected by factors such as the ongoing maintenance and improvements of the assets, changes in economic conditions and changes in Because of the fragmented nature of the specialty coffee market, we cannot accurately estimate our market share across the whole category. In October 2011, Jollibee acquired a 54% stake in BK Titans, Inc., the sole franchisee of Burger King in the Philippines. If we lost the services of our coffee roasters and purchasers, In addition, consumers may purchase prepared coffee beverages at countless locations such as convenience stores, bakeries and restaurants.

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