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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 13, 2024  

 

J. W. Mays, Inc.

(Exact Name of Registrant as Specified in Charter) 

 

New York   1-3647   11-1059070

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

   

9 Bond Street.
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 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 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ¨

Pre-commencement communication 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 of each class Trading Symbol(s) Name 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 13, 2024, reporting its financial results for the three and six months ended January 31, 2024. The press release reported revenues and net loss for such three and six month period and provided a comparison for revenues and net income for the three and six month period ended January 31, 2023.

A copy of the press release is attached to this Form 8-K as Exhibit 99(i).

- 2


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 14, 2024 By:  Ward Lyke, Jr.  
  Ward N. Lyke, Jr.  
  Vice President,  
  Chief Financial Officer  
  and Treasurer  

- 3


Exhibit index

Exhibit No.   Description
99(i)   Press Release dated March 13, 2024
104   Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.

 

- 4

EX-99.(I) 2 mays4309541-ex99i.htm PRESS RELEASE DATED MARCH 13, 2024

 

Press Release Exhibit  99(i)

From

J. W. Mays, Inc.

Publicity Department

9 Bond Street

Brooklyn, NY 11201

 

718 624 7400

 

J. W. MAYS, INC.

REPORTS ON OPERATIONS

FOR THREE AND SIX MONTHS ENDED JANUARY 31, 2024

J. W. Mays, Inc. today reported its financial results for the three and six months ended January 31, 2024.

Revenues from Operations for the three months ended January 31, 2024 were $5,414,843 compared to revenues of $5,837,819 in the comparable 2023 three-month period while Revenues from Operations for the six months ended January 31, 2024 were $10,738,644 compared to revenues of $11,607,553 in the comparable 2023 six-month period.

Net loss from Operations for the three months ended January 31, 2024 was ($98,059), or ($.04) per share, compared to net income from Operations of $44,738, or $.02 per share, in the comparable 2023 three month period.

Net loss from Operations for the six months ended January 31, 2024 was ($290,603), or ($.14) per share, compared to net income from Operations of $104,255, or $.05 per share, in the comparable 2023 six month period.

*         *         *

Dated: March 13, 2024