Airpods refurbished

I typed in the serial number on the box and part of the info i got is

Repairs and Service Coverage: Active

Your product is covered for eligible hardware repairs and service under Apple’s Limited Warranty.
Estimated Expiration Date: August 26, 2019

...Does it mean that the product is new?

I purchase them on ebay and the seller has a few negative reviews about other apple products he sold.

Thank you so much! 🙂))