<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FIRST QUARTER AND THIRTEEN WEEKS ENDED FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO IT. </LEGEND> <CIK> 0000023249 <NAME> CONCORD FABRICS INC. <MULTIPLIER> 1 <CURRENCY> U. S. DOLLARS <PERIOD-TYPE> 3-MOS 3-MOS <FISCAL-YEAR-END> SEP-01-1996 SEP-03-1995 <PERIOD-START> SEP-04-1995 AUG-29-1994 <PERIOD-END> DEC-03-1995 NOV-27-1994 <EXCHANGE-RATE> 1 1 <CASH> 2,175,902 1,548,079 <SECURITIES> 0 0 <RECEIVABLES> 26,759,881 36,211,703 <ALLOWANCES> 0 0 <INVENTORY> 26,199,925 34,325,747 <CURRENT-ASSETS> 60,833,263 75,959,132 <PP&E> 13,413,601 11,976,137 <DEPRECIATION> 0 0 <TOTAL-ASSETS> 76,389,892 89,465,141 <CURRENT-LIABILITIES> 15,858,849 37,089,744 <BONDS> 0 0 <COMMON> 1,812,554 1,801,281 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 76,389,892 89,465,141 <SALES> 34,311,100 48,510,294 <TOTAL-REVENUES> 34,311,100 48,510,294 <CGS> 25,215,137 38,038,273 <TOTAL-COSTS> 34,040,604 47,927,904 <OTHER-EXPENSES> 0 0 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 473,536 513,252 <INCOME-PRETAX> 270,496 582,390 <INCOME-TAX> 137,000 242,000 <INCOME-CONTINUING> 0 0 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 133,496 340,390 <EPS-PRIMARY> .04 .09 <EPS-DILUTED> 0. 0.