UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission | (I.R.S. Employer | ||
| of incorporation) | File Number) | Identification No.) |
| |
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| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code
(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):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
This Report Contains 3 Pages.
Item 2.02 Results of Operations and Financial Condition.
J. W. Mays, Inc. issued a press release on October 18, 2023 reporting its financial results for the three and twelve months ended July 31, 2023. The press release reported revenues and net (loss) for such three and twelve month periods and provided a comparison for revenues and net (loss) for the three and twelve month periods ended July 31, 2022.
A copy of the press release is attached to this Form 8-K as Exhibit 99(i).
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. | |
| (Registrant) | |
| Dated: October 19, 2023 | By: Mark Greenblatt |
| Mark S. Greenblatt | |
| Vice President, | |
| Chief Financial Officer | |
| and Treasurer |
- 2 -
Exhibit index
| Exhibit No. | Description | |
| 99 I | Press Release dated October 18, 2023 | |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the inline XBRL document. |
- 3 -
| Exhibit 99(i) | |
| Press Release | |
| From | |
| J. W. Mays, Inc. | |
| Publicity Department | |
| 9 Bond Street | |
| Brooklyn, NY 11201 | |
| 718 624 7400 |
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THE FISCAL YEAR AND THREE MONTHS ENDED JULY 31, 2023
J. W. Mays, Inc. today reported its financial results for the twelve and three months ended July 31, 2023.
Revenues from Operations for the three months ended July 31, 2023 were $5,405,506 compared to revenues of $5,504,057 in the comparable 2022 three-month period, while revenues from Operations for the twelve months ended July 31, 2023 were $22,576,455 compared to revenues from Operations of $21,396,035 in the comparable 2022 twelve-month period.
Net loss for the three months ended July 31, 2023 was ($148,059), or ($.07) per share, compared to net loss of ($68,754), or ($.03) per share, in the comparable 2022 three-month period.
Net loss for the twelve months ended July 31, 2023 was ($82,964), or ($.04) per share, compared to net loss of ($712,371), or ($.35) per share, in the comparable 2022 twelve-month period.
* * *
Dated: October 18, 2023
Cover |
Oct. 18, 2023 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | Oct. 18, 2023 |
| Entity File Number | 1-3647 |
| Entity Registrant Name | MAYS J W INC |
| Entity Central Index Key | 0000054187 |
| Entity Tax Identification Number | 11-1059070 |
| Entity Incorporation, State or Country Code | NY |
| Entity Address, Address Line One | 9 Bond Street |
| Entity Address, City or Town | Brooklyn |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 11201-5805 |
| City Area Code | 718 |
| Local Phone Number | 624-7400 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock, $1 par value |
| Trading Symbol | MAYS |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
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