<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE THIRD QUARTER AND THIRTY-NINE WEEKS ENDED FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO IT. </LEGEND> <RESTATED> <CIK> 0000023249 <NAME> CONCORD FABRICS INC. <MULTIPLIER> 1 <CURRENCY> U. S. DOLLARS <PERIOD-TYPE> 9-MOS 9-MOS 3-MOS 3-MOS <FISCAL-YEAR-END> SEP-01-1996 SEP-03-1995 SEP-01-1996 SEP-03-1995 <PERIOD-START> SEP-04-1995 AUG-29-1994 MAR-04-1996 FEB-27-1995 <PERIOD-END> JUN-02-1996 MAY-28-1995 JUN-02-1996 MAY-28-1995 <EXCHANGE-RATE> 1 1 1 1 <CASH> 1,960,574 2,889,536 1,960,574 2,889,536 <SECURITIES> 0 0 0 0 <RECEIVABLES> 28,817,907 32,569,811 28,817,907 32,569,811 <ALLOWANCES> 0 0 0 0 <INVENTORY> 23,161,402 31,219,863 23,161,402 31,219,863 <CURRENT-ASSETS> 57,682,715 71,442,095 57,682,715 71,442,095 <PP&E> 8,257,505 10,250,041 8,257,505 10,250,041 <DEPRECIATION> 0 0 0 0 <TOTAL-ASSETS> 72,783,502 86,102,075 72,783,502 86,102,075 <CURRENT-LIABILITIES> 11,586,985 23,673,600 11,586,985 23,673,600 <BONDS> 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 0 0 0 <COMMON> 1,815,679 1,804,406 1,815,679 1,804,406 <OTHER-SE> 0 0 0 0 <TOTAL-LIABILITY-AND-EQUITY> 72,783,502 86,102,075 72,783,502 86,102,075 <SALES> 110,938,359 139,092,222 37,475,161 43,911,119 <TOTAL-REVENUES> 110,938,359 139,092,222 37,475,161 43,911,119 <CGS> 81,846,998 109,671,333 27,623,716 34,246,238 <TOTAL-COSTS> 109,455,139 139,558,702 37,154,625 44,224,792 <OTHER-EXPENSES> 0 0 0 0 <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 1,411,505 1,793,951 453,282 634,957 <INCOME-PRETAX> 1,483,220 (466,480) 320,536 (313,673) <INCOME-TAX> 733,000 (119,000) 185,000 (98,000) <INCOME-CONTINUING> 0 0 0 0 <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 (297,266) 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 750,220 (644,746) 135,536 (215,673) <EPS-PRIMARY> .21 (.18) .04 (.06) <EPS-DILUTED> 0 0 0 0