<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>
<RESTATED> 
<CIK> 0000023249
<NAME> CONCORD FABRICS INC.
       
                                                  
<PERIOD-TYPE>                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          AUG-30-1998             AUG-31-1997
<PERIOD-START>                             SEP-01-1997             SEP-02-1996
<PERIOD-END>                               NOV-30-1997             DEC-01-1996
<CASH>                                      11,734,313              11,858,828
<SECURITIES>                                         0                       0
<RECEIVABLES>                               18,605,931              21,616,295
<ALLOWANCES>                                         0                       0
<INVENTORY>                                 17,168,452              19,108,381
<CURRENT-ASSETS>                            61,309,935              57,344,201
<PP&E>                                       7,371,463               8,099,097
<DEPRECIATION>                                       0                       0
<TOTAL-ASSETS>                              75,387,061              71,844,716
<CURRENT-LIABILITIES>                        9,311,055               9,422,543
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                     1,832,554               1,828,179
<OTHER-SE>                                           0                       0
<TOTAL-LIABILITY-AND-EQUITY>                75,387,061              71,844,716
<SALES>                                     24,750,402              27,048,240
<TOTAL-REVENUES>                            24,750,402              27,048,240
<CGS>                                       17,081,341              18,949,596
<TOTAL-COSTS>                               23,419,808              26,116,441
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                             174,041                 301,418
<INCOME-PRETAX>                              1,330,594                 931,799
<INCOME-TAX>                                   535,000                 389,000
<INCOME-CONTINUING>                                  0                       0
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   795,594                 542,799
<EPS-PRIMARY>                                      .22                     .15
<EPS-DILUTED>                                        0                       0