0000054187-11-000004.txt : 20110310
0000054187-11-000004.hdr.sgml : 20110310
20110310093626
ACCESSION NUMBER: 0000054187-11-000004
CONFORMED SUBMISSION TYPE: 8-K
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110310
ITEM INFORMATION: Results of Operations and Financial Condition
FILED AS OF DATE: 20110310
DATE AS OF CHANGE: 20110310
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: MAYS J W INC
CENTRAL INDEX KEY: 0000054187
STANDARD INDUSTRIAL CLASSIFICATION: OPERATORS OF NONRESIDENTIAL BUILDINGS [6512]
IRS NUMBER: 111059070
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0708
FILING VALUES:
FORM TYPE: 8-K
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-03647
FILM NUMBER: 11676952
BUSINESS ADDRESS:
STREET 1: 9 BOND ST
CITY: BROOKLYN
STATE: NY
ZIP: 11201-5805
BUSINESS PHONE: 7186247400
MAIL ADDRESS:
STREET 1: 9 BOND STREET
CITY: BROOKLYN
STATE: NY
ZIP: 11201-5805
8-K
1
sub8k.txt
RESULTS OF OPERATIONS AND FINANCIAL CONDITION
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report(Date of earliest event reported) March 9, 2011
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J.W. Mays, Inc.
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(Exact name of registrant as specified in its charter)
New York 1-3647 11-1059070
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
9 Bond Street, Brooklyn, New York 11201-5805
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 718-624-7400
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
This Report Contains 4 Pages.
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Item 2.02 Results of Operations and Financial Condition.
J. W. Mays, Inc. issued a press release on March 9, 2011, reporting its
financial results for the three and six months ended January 31, 2011. The
press release reported revenues for the three and six-month periods ended
January 31, 2011, and net income (loss) for the three and six-month periods
ended January 31, 2011, and provided a comparison for revenues and net income
to the three and six-month period ended October 31, 2010.
A copy of the press release is attached to this Form 8-K as Exhibit 99(i).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
J. W. MAYS, INC.
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(Registrant)
Dated: March 10, 2011 By: Mark Greenblatt
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Mark Greenblatt
Executive Vice President
Principal Financial Officer
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Press Release
Exhibit 99(i)
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THREE MONTHS AND SIX MONTHS ENDED JANUARY 31, 2011
J. W. Mays, Inc. today reported its financial results for the three and six
months ended January 31, 2011.
Revenues from Continuing Operations for the three months ended January 31,
2011, were $3,706,931 compared to revenues of $3,624,822 in the comparable
2010 three-month period, while revenues from Continuing Operations for the six
months ended January 31, 2011, were $7,315,221 compared to revenues of
$7,378,074 in the comparable 2010 six-month period.
Net loss from Continuing Operations for the three months ended January 31,
2011, was ($5,614), or ($.00) per share, compared to net income from
Continuing Operations of $110,503, or $.06 per share, in the comparable 2010
three-month period.
Net income from Continuing Operations for the six months ended January 31,
2011, was $169,341, or $.08 per share, compared to net income from Continuing
Operations of $439,337, or $.22 per share, in the comparable 2010 six-month
period.
Net loss from Discontinued Operations for the three months ended January 31,
2011, was ($177,360), or ($.09)per share, compared to net income from
Discontinued Operations of $8,146, or $.00 per share, in the comparable 2010
three-month period.
Net loss from Discontinued Operations for the six months ended January 31,
2011, was ($177,360), or ($.09) per share, compared to a net loss of
($22,234), or ($.01) per share, in the comparable 2010 six-month period.
Net loss for the three months ended January 31, 2011 was ($182,974), or ($.09)
per share, compared to net income of $118,649, or $.06 per share, in the
comparable 2010 three-month period.
Net loss for the six months ended January 31, 2011, was ($8,019), or ($.01)
per share, compared to net income of $417,103, or $.21 per share, in the
comparable 2010 six-month period.
* * *
Dated: March 9, 2011
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