J.W. Mays, Inc. (NASDAQ:MAYS) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
J. W. Mays, Inc. issued a press release on June 7, 2017, reporting its financial results for the three and nine months ended April 30, 2017. The press release reported revenues and net income for such three and nine month periods and provided a comparison for revenues and net income for the three and nine month periods ended April 30, 2016.
A copy of the press release is attached to this Form 8-K as Exhibit 99(i).
About J.W. Mays, Inc. (NASDAQ:MAYS)
J.W. Mays, Inc. is engaged in operating a range of commercial real estate properties. The Company’s properties include Brooklyn, New York-Fulton Street at Bond Street; Brooklyn, New York-Jowein building at Elm Place; Jamaica, New York-Jamaica Avenue at 169th Street; Fishkill, New York-Route 9 at Interstate Highway 84; Levittown, New York-Hempstead Turnpike; Massapequa, New York-Sunrise Highway; Circleville, Ohio-Tarlton Road, and Brooklyn, New York-Truck bays, passage facilities and tunnel-Schermerhorn Street, and Livingston Street. The Company holds the 10% lease of The Fulton Street at Bond Street’s property under five separate leases. As of July 31, 2016, the Jowein building at Elm Place was leased to approximately 11 tenants of which two were retail stores, one was a fast food restaurant, one was for warehouse and seven leases were for office space. The building Jamaica Avenue at 169th Street is Company owned and the land is leased from an affiliated company.
