8-K
MAYS J W INC (MAYS)
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
8-K
CURRENTREPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Dateof report (Date of earliest event reported): March 8, 2023
J. W. Mays, Inc.
(ExactName of Registrant as Specified in Charter)
| New York | 1-3647 | 11-1059070 |
|---|---|---|
| (State or Other Jurisdiction<br><br> of Incorporation) | (Commission<br><br> File Number) | (I.R.S. Employer<br><br> Identification No.) |
| 9 Bond Street.<br><br> Brooklyn, New York | 11201-5805 | |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’sTelephone Number, Including Area Code
(718) 624-7400
Not Applicable
(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 communication pursuant<br> to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant<br> to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communication<br> pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communication<br> pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
Securities
registered pursuant to Section 12(b) of the Act:
| Title<br> of each class | Trading<br> Symbol(s) | Name<br> of each exchange on which registered |
|---|---|---|
| Common Stock, $1 par value | MAYS | NASDAQ |
This Report Contains 4 Pages.
Item 2.02 Results of Operations
and Financial Condition.
J. W. Mays, Inc. issued a press release on March 8, 2023, reporting its financial results for the three and six months ended January 31, 2023. The press release reported revenues and net income for such three and six-month periods and provided a comparison for revenues and net loss for the three and six-month periods ended January 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: March 9, 2023 | By: Mark Greenblatt |
| Mark Greenblatt<br><br>Vice President, | |
| Chief Financial Officer and Treasurer, <br><br>Director |
- 2-
Exhibit
index
| Exhibit No. | Description |
|---|---|
| 99(i) | Press Release dated March 8, 2023 |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags<br> are embedded within the Inline XBRL document. |
- 3-
| Press Release | Exhibit 99(i) |
|---|---|
| From<br><br><br><br>J. W. Mays, Inc.<br><br>Publicity Department<br><br>9 Bond Street<br><br>Brooklyn, NY 11201<br><br><br><br>718 624 7400 | |
| --- |
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THREE AND SIX MONTHS ENDED JANUARY 31, 2023
J. W. Mays, Inc. today reported its financial results for the three and six months ended January 31, 2023.
Revenues from Operations for the three months ended January 31, 2023 were $5,837,819 compared to revenues of $5,328,349 in the comparable 2022 three-month period, while Revenues from Operations for the six months ended January 31, 2023 amounted to $11,607,553 compared to revenues of $10,407,896 in the comparable 2022 six-month period.
Net income from Operations for the three months ended January 31, 2023 was $44,738, or $.02 per share, compared to net loss from Operations of ($195,830), or ($.10) per share, in the comparable 2022 three-month period.
Net income from Operations for the six months ended January 31, 2023 was $104,255, or $.05 per share, compared to net loss from Operations of ($586,580), or ($.29) per share, in the comparable 2022 six-month period.
* * *
Dated: March 8, 2023