8-K
MAYS J W INC (MAYS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORTPursuant to Section 13 or 15(d) of theSecurities Exchange Act of 1934
Date of report (Date of earliest event reported): June 7, 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’s Telephone Number, Including
Area Code (718) 624-7400
Not Applicable
(Former Name or Former Address, if Changed SinceLast 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 (seeGeneral Instruction A.2. below):
| ☐ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR<br>230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR<br>240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange<br>Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange<br>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 June 7, 2023, reporting its financial results for the three and nine months ended April 30, 2023. The press release reported revenues and net income (loss) for such three and nine-month periods and provided a comparison for revenues and net loss for the three and nine-month periods ended April 30, 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: June 8, 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 June 7, 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<br><br> <br>From<br><br> <br>J. W. Mays, Inc.<br><br> <br>Publicity Department<br><br> 9 Bond Street<br><br> Brooklyn, NY 11201<br><br> <br>718 624 7400 |
|---|
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THREE AND NINE MONTHS ENDED APRIL 30, 2023
J. W. Mays, Inc. today reported its financial results for the three and nine months ended April 30, 2023.
Revenues from Operations for the three months ended April 30, 2023 were $5,563,396 compared to revenues of $5,484,082 in the comparable 2022 three-month period, while Revenues from Operations for the nine months ended April 30, 2023 amounted to $17,170,949 compared to revenues of $15,891,978 in the comparable 2022 nine-month period.
Net loss from Operations for the three months ended April 30, 2023 was ($39,160), or ($.02) per share, compared to net loss from Operations of ($57,037), or ($.03) per share, in the comparable 2022 three-month period.
Net income from Operations for the nine months ended April 30, 2023 was $65,095, or $.03 per share, compared to net loss from Operations of ($643,617), or ($.32) per share, in the comparable 2022 nine-month period.
* * *
Dated: June 7, 2023