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 6, 2010
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J.W. Mays, Inc.
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(Exact name of registrant as specified in its charter)
New York 1-3647 11-1059070
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
9 Bond Street, Brooklyn, New York 11201-5805
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 718-624-7400
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(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))
This Report Contains 4 Pages.
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Item 2.02 Results of Operations and Financial Condition.
J. W. Mays, Inc. issued a press release on October 6, 2010, reporting its
financial results for the three and twelve months ended July 31, 2010. The
press release reported revenues and net income for such three and twelve month
periods and provided a comparison for revenues and net income to the three and
twelve month periods ended July 31, 2009.
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.
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(Registrant)
Dated: October 7, 2010 By: Mark Greenblatt
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Mark Greenblatt
Executive Vice President
Principal Financial Officer
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Press Release
Exhibit 99(i)
J. W. MAYS, INC.
REPORTS ON OPERATIONS
FOR THE FISCAL YEAR AND THREE MONTHS ENDED JULY 31, 2010
J. W. Mays, Inc. today reported its financial results for the twelve and
three months ended July 31, 2010.
Revenues from Continuing Operations for the three months ended July 31, 2010
were $3,626,046 compared to revenues of $3,579,514 in the comparable 2009
three month period, while revenues from Continuing Operations for the twelve
months ended July 31, 2010 were $14,767,737 compared to revenues of
$14,395,150 in the comparable 2009 twelve month period.
Net income from Continuing Operations for the three months ended July 31,
2010 was $160,147, or $.08 per share, compared to net income from Continuing
Operations of $131,280, or $.06 per share, in the comparable 2009 three month
period.
Net income from Continuing Operations for the twelve months ended July 31,
2010, was $660,938, or $.33 per share, compared to net income from Continuing
Operations of $664,681, or $.33 per share, in the comparable 2009 twelve month
period.
Net loss from Discontinued Operations for the three months ended July 31,
2010 was ($191,470), or ($.10) per share, compared to a net loss from
Discontinued Operations of ($39,779), or ($.01) per share, in the comparable
2009 three month period.
Net loss from Discontinued Operations for the twelve months ended July 31,
2010 was ($228,730), or ($.12) per share, compared to net income of $91,405,
or $.05 per share, in the comparable 2009 twelve month period.
Net loss for the three months ended July 31, 2010 was ($31,323), or ($.02)
per share, compared to net income of $91,501, or $.05 per share, in the
comparable 2009 three month period.
Net income for the twelve months ended July 31, 2010 was $432,208, or $.21
per share, compared to net income of $756,086, or $.38 per share, in the
comparable 2009 twelve month period.
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Dated: October 6, 2010
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