<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE SECOND QUARTER AND TWENTY-SIX 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> 6-MOS 6-MOS 3-MOS 3-MOS <FISCAL-YEAR-END> AUG-29-1999 AUG-30-1998 AUG-29-1999 AUG-30-1998 <PERIOD-START> AUG-31-1998 SEP-01-1997 NOV-30-1998 DEC-01-1997 <PERIOD-END> FEB-28-1999 MAR-01-1998 FEB-28-1999 MAR-01-1998 <CASH> 10,538,473 8,442,437 10,538,473 8,442,437 <SECURITIES> 0 0 0 0 <RECEIVABLES> 15,319,590 19,091,254 15,319,590 19,091,254 <ALLOWANCES> 0 0 0 0 <INVENTORY> 17,435,189 16,005,692 17,435,189 16,005,692 <CURRENT-ASSETS> 56,257,050 60,824,158 56,257,050 60,824,158 <PP&E> 9,600,659 8,131,678 9,600,659 8,131,678 <DEPRECIATION> 0 0 0 0 <TOTAL-ASSETS> 71,693,484 75,429,171 71,693,484 75,429,171 <CURRENT-LIABILITIES> 9,476,539 11,260,655 9,476,539 11,260,655 <BONDS> 0 0 0 0 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 0 0 0 0 <COMMON> 1,867,554 1,832,554 1,867,554 1,832,554 <OTHER-SE> 0 0 0 0 <TOTAL-LIABILITY-AND-EQUITY> 71,693,484 75,429,171 71,693,484 75,429,171 <SALES> 42,572,578 50,845,249 19,975,978 26,094,847 <TOTAL-REVENUES> 42,573,578 50,845,249 19,975,978 26,094,847 <CGS> 29,166,111 35,060,890 13,693,014 17,979,549 <TOTAL-COSTS> 41,301,718 47,965,145 19,602,173 24,545,337 <OTHER-EXPENSES> 0 0 0 0 <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 353,591 353,155 168,104 179,114 <INCOME-PRETAX> 1,270,860 2,880,104 373,805 1,549,510 <INCOME-TAX> 544,000 1,160,000 169,000 625,000 <INCOME-CONTINUING> 0 0 0 0 <DISCONTINUED> 0 0 0 0 <EXTRAORDINARY> 0 0 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 726,860 1,720,104 204,805 924,510 <EPS-PRIMARY> .20 .47 .06 .25 <EPS-DILUTED> .19 .45 .05 .24