L.L.Bean, Inc. has been a trusted source for quality apparel, reliable outdoor equipment and expert advice for over 100 years. Founded in 1912 by Leon Leonwood Bean, the company began as one-man operation. With L. L.'s firm belief in keeping customers satisfied as a guiding principle, the company eventually grew to a global organization with annual sales of $1.61 billion. Our company headquarters are in Freeport, Maine, just down the road from our original store. With over a century in business, a satisfied customer is still our most important goal. We're proud of our heritage and values, and we invite you to celebrate with exciting events and activities throughout the year. In the meantime, you're welcome to browse the stories, facts and figures in this section and learn more about our company, our heritage and our history. L.L.Bean is a privately held, family-owned company. We do not release financial and operational information beyond what you will find here and we do not produce an annual report.