Recent Updates — MAYS
J.W. Mays, Inc. reported financial results for the twelve months ended July 31, 2026, showing revenues of $21,094,506 compared to $22,469,710 in the prior year period. The company posted a net loss of $1,399,536, or $0.69 per share, versus a net loss of $136,240, or $0.07 per share, for the same period last year. For the three months ended July 31, 2026, revenues were $5,316,859 against $5,654,985 in the comparable prior-year quarter, with a net loss of $339,686, or $0.17 per share, compared to a net loss of $92,000, or $0.05 per share. J.W. Mays operates as a real estate investment and management firm.
The board promoted Kevin Guptar to chief financial officer and treasurer on October 13, 2026. His appointment fills the vacancy left by Ward Lyke Jr., who retired as CFO and treasurer on September 25, 2026. Guptar receives an annual base salary of $232,000 plus a discretionary bonus. He previously served as controller since November 2021 and was already acting as principal financial officer and accounting officer. Mays operates in the wholesale distribution industry.
J.W. Mays, Inc. entered into a transition agreement with Ward Lyke, Jr., who will step down as Vice President, Chief Financial Officer, and Treasurer on September 25, 2026. The company will continue paying his base salary of $316,000 until the separation date and offer six weeks of base salary as a separation benefit upon execution of a release agreement. Kevin Guptar, currently Controller, will assume the roles of Principal Financial Officer and Principal Accounting Officer effective immediately. This departure is not related to any disagreements with the company. J.W. Mays, Inc. operates in the real estate industry, specifically owning and managing commercial properties.
J. W. Mays, Inc. issued a press release on June 11, 2026, reporting financial results for the three and nine months ended April 30, 2026, including revenues and net loss compared to the same periods in 2025. The company operates in the industrial sector, providing specialized manufacturing and engineering services.