Form 8-K - Current report

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)

October 23, 2024

J.W. Mays, Inc.

(Exact name of registrant as specified in its 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


(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))

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

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 4 Pages.

Item 2.02 Results of Operations and Financial Condition.

J. W. Mays, Inc. issued a press release on October 23, 2024 reporting its financial results for the three and twelve months ended July 31, 2024. 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, 2023.

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.
	(Registrant)

Dated: October 24, 2024	By: Ward Lyke
	Ward Lyke
	Vice President,
	Chief Financial Officer
	and Treasurer

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Exhibit index

Exhibit No.		Description
99 I		Press Release dated October 23, 2024
104		Cover Page Interactive Data File – the cover page XBRL tags are embedded within the inline XBRL document.

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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, 2024

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

Revenues from Operations for the three months ended July 31, 2024 were $5,490,296 compared to revenues of $5,405,506 in the comparable 2023 three-month period, while revenues from Operations for the twelve months ended July 31, 2024 were $21,593,264 compared to revenues from Operations of $22,576,455 in the comparable 2023 twelve-month period.

Net loss for the three months ended July 31, 2024 was $(31,085), or $(.02) per share, compared to net loss of $(148,059), or $(.07) per share, in the comparable 2023 three-month period.

Net loss for the twelve months ended July 31, 2024 was $(406,568), or $(.20) per share, compared to net loss of $(82,964), or $(.04) per share, in the comparable 2023 twelve-month period.

* * *

Dated:

October 23, 2024

Cover	Oct. 23, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Oct. 23, 2024
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