1.2M

Educational Development outlines $1.2M+ annual expense savings as brand partner count rises above 5,200 (NASDAQ:EDUC)

Earnings Call Insights: Educational Development Corporation (EDUC) Q1 fiscal 2027

Management View

  • “During March, we ran a recruiting special surrounding our March 14 Pi Day, which yielded better-than-expected results. We added over 1,300 new brand partners, which brought our Active Brand Partner numbers above

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Over 1.2m in Lebanon expected to face acute hunger: UN-backed report | Food News

FAO, WFP and Lebanon’s government say 1.24 million people are ‘expected to face food insecurity’ at crisis levels or worse.

More than 1.2 million people in Lebanon are expected to face acute hunger this year due to “conflict, displacement and economic pressures” amid the latest war between Israel and Hezbollah, according to a United Nations-backed report.

The UN Food and Agriculture Organization (FAO), the World Food Programme (WFP) and Lebanon’s Ministry of Agriculture issued a joint statement on Wednesday, saying that 1.24 million people were “expected to face food insecurity” at crisis levels or worse between April and August.

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The figure, contained in a report conducted by the Integrated Food Security Phase Classification (IPC), a UN-backed group that monitors hunger and malnutrition, marks a “significant deterioration” compared with the outlook before the war erupted on March 2, said the statement.

Prior to March, “an estimated 874,000 people, roughly 17 percent of the population, were experiencing acute food insecurity“, it said. But a “sharp escalation in violence” had “reversed recent food security gains in Lebanon and pushed the country back into crisis”.

“Families who were just managing to cope are now being pushed back into crisis as conflict, displacement and rising costs collide, making food increasingly unaffordable,” said Allison Oman Lawi, the WFP’s country director in Lebanon.

Nora Ourabah Haddad, the FAO representative in Lebanon, said, “Compounded shocks are undermining agricultural livelihoods and impacting food security, highlighting the urgent need for emergency agricultural assistance to support farmers and prevent further deterioration.”

A ceasefire that took effect on April 17 has reduced the intensity of the fighting between Israel and the armed group Hezbollah that has killed more than 2,500 people in Lebanon and displaced more than one million, according to Lebanese authorities.

Israeli forces are operating in south Lebanon near the border, where residents have been warned not to return, and both sides have been trading fire despite the truce.

“Acute food insecurity is likely to deepen without sustained and timely humanitarian and livelihood support,” the statement said.

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