WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  


<ARTICLE>                     5
<LEGEND>
    THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
    CONDENSED CONSOLIDATED FINANCIAL STATEMENTS INCLUDED IN THE ACCOMPANYING 
    FORM 10-Q OF TRIARC COMPANIES, INC. FOR THE SIX-MONTH PERIOD ENDED JUNE
    29, 1997 AND IS QUALIFIED IN ITS ENTIRELY BY REFERENCE TO SUCH FORM 10-Q
</LEGEND>
<CIK>                        0000030697
<NAME>                       TRIARC COMPANIES INC. 
<MULTIPLIER>                                   1,000
<CURRENCY>                                     <blank>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              DEC-28-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   JUN-29-1997
<EXCHANGE-RATE>                                1
<CASH>                                         71,349
<SECURITIES>                                   59,724
<RECEIVABLES>                                  133,570
<ALLOWANCES>                                   0
<INVENTORY>                                    87,669
<CURRENT-ASSETS>                               407,998
<PP&E>                                         235,230
<DEPRECIATION>                                 113,304
<TOTAL-ASSETS>                                 1,156,990
<CURRENT-LIABILITIES>                          254,561
<BONDS>                                        767,737
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       3,398
<OTHER-SE>                                     (27,794)
<TOTAL-LIABILITY-AND-EQUITY>                   1,156,990
<SALES>                                        401,882
<TOTAL-REVENUES>                               431,523
<CGS>                                          255,406
<TOTAL-COSTS>                                  255,406
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               1,647
<INTEREST-EXPENSE>                             33,963
<INCOME-PRETAX>                                (38,388)
<INCOME-TAX>                                   9,213
<INCOME-CONTINUING>                            (32,346)
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                (2,954)
<CHANGES>                                      0
<NET-INCOME>                                   (35,300)
<EPS-PRIMARY>                                  (1.18)
<EPS-DILUTED>                                  0